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wolfdancer
08-16-2008, 11:55 AM
From the mind of the Honorable Huey P. Long :

"In February, 1934, Senator Huey Long announced during a nationwide radio address that he was forming the Share Our Wealth Society, dedicated to the redistribution of the nation's wealth. Long had originally been a supporter of the New Deal policies of President Franklin D. Roosevelt, but starting with the formation of the Share Our Wealth Society, began advocating for more radical reforms that Roosevelt wasn't willing to embrace.

Major provisions of "Share Our Wealth"

The key planks of the Share Our Wealth platform included:

1. No person would be allowed to accumulate a personal net worth of more than 100 to 300 times the average family fortune, which would limit personal assets to between $1.5 million and $5 million. Income taxes would be levied to ensure this. Annual capital levy taxes would be assessed on all persons with a net worth exceeding $1 million.
2. Every family was to be furnished with a homestead allowance of not less than one-third the average family wealth of the country. Every family was to be guaranteed an annual family income of at least $2,000 to $2,500, or not less than one-third of the average annual family income in the United States. Yearly income, however, cannot exceed more than 100 to 300 times the size of the average family income.
3. An old-age pension would be made available for all persons over 60.
4. To balance agricultural production, the government will preserve/store surplus. This is made so no food is wasted.
5. Veterans are paid what they are owed
6. Education and training for all children to be equal in opportunity in all schools, colleges, universities, and other institutions for training in the professions and vocations of life.
7. The raising of revenue and taxes for the support of this program was to come from the reduction of swollen fortunes from the top, as well as for the support of public works to give employment whenever there may be any slackening necessary in private enterprise.

Why weep or slumber America
Land of brave and true
With castles and clothing and food for all
All belongs to you.

Unfortunately, the rich, for purely selfish reasons, objected to this novel idea....
EVEN now though, the "right" believe , that this is the ultimate goal of the liberals.
One provision is in effect though...some families are getting by on the $2500 per year min.

Ev'ry man a king, ev'ry man a king,
For you can be a millionaire.
But there's something belonging to others
There's enough for all people to share.
When it's sunny June and December too
Or in the winter time or spring
There'll be peace without end
Ev'ry neighbor a friend,
With ev'ry man a king.