From Here to Prosperity

From Here to Prosperity
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re you angered by the high level of inequality but frustrated about what to do? From Here to Prosperity tells you how we can resolve this together. It is not another lengthy, learned work on the extent of the problem, it is about how to fix it, build a sustainable economy and bring greater social justice. This refreshing book is a must-read for anyone who wants to see a better life for themselves and the millions who suffer unnecessary financial hardship and pressure every day. It is written in a common sense style to encourage discussion and immediate action. Research shows that high levels of inequality are bad for us all (The Spirit Level, Richard Wilkinson and Kate Pickett). Polls show that extreme inequality is a key issue for voters and that most people expect the government to take effective action. But they don't, Why? Because we don't push them hard, show our true feelings. Voting is not enough, a strong determined social movement is required to press our politicians to act boldly and transform our society for the better, for all, not just the few. From Here to Prosperity is a handbook for this social movement, this political revolution. It sets out a very clear bold agenda for action. This agenda is based on the principle of «Income for me/wealth for we». We keep more of the income we earn and we share more equitably the wealth we create jointly. There are just five key interlinked policy initiatives in the Agenda for Progressive Prosperity and they could all be kick started on Day One of any new political administration and see positive results within three years, to ensure that our democracy works for us all, not just the few. Now is the time to act. First step: buy this book.

Оглавление

Thomas Burgess. From Here to Prosperity

Contents

Acknowledgements

Preface

PART I. The Challenge for Change

CHAPTER 1. Where Are We Now?

1.1 Extreme inequality and persistent poverty

Persistent Poverty

1.2 Slow economic progress

1.3. Government isn’t working (for us)

Summary

CHAPTER 2. Radical Rethink

2.1 Austerity to prosperity

What is prosperity?

Measuring progress to prosperity

Platform for prosperity

2.2 Tax as a toolbox

Avoid it if you can

Left the country

High cost of collection

Why tax?

Public revenue without taxation?

Reform of the revenue

2.3 Revolution or evolution?

The pitchforks are coming

History lessons

Freak out

Bold policies

Creeping communism?

Leading the team

Summary

PART II. The Agenda for Progressive Prosperity

CHAPTER 3. Turnaround Taxation

3.1 Income for me

Stage 1: Immediate action, abolish Income Tax for the majority

Stage 2: Reduce payroll taxes

Stage 3: Realign sales taxes

Summary

3.2 Wealth for we

Stage 1: Introduce Personal Asset Contribution

Stage 2: Abolish Capital Gains Tax

Summary

3.3 Location, location, location!

Summary

Summary of Chapter 3

CHAPTER 4. Socially Responsible Capitalism

4.1 Fair pay all the way

Summary

4.2 Profits for people

Summary

4.3 Working together

Summary

Summary of Chapter 4

CHAPTER 5. Foundations for the Future

5.1 Integrated infrastructure

Summary

5.2 Excellence in education

Summary

5.3 Health and welfare of the nation

1 Healthcare

2 Welfare

Poverty plan

Health and welfare summary

Foundations for the future summary

PART III. Moving Forward

CHAPTER 6. Hope into Reality

6.1 Towards progressive prosperity

1 Reduced Inequality and poverty

2 Greater economic progress

3 Democracy restored

Summary

6.2 Convincing the confused

1 The message to the majority

2 Reasoning with the Rich

3 Winning policies for politicians

Summary

6.3 Campaign for change

1 A tax or a charge?

2 Tax needs to be fair

3 Tax and spending needs to be transparent and well managed

Summary

Summary of Chapter 6

CHAPTER 7. And Now, It Is up to Us

7.1 Body of evidence

7.2 The time is now

7.3 Next steps

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‘Burgess presents a much-needed path to engage both the wealthy and everyone else. It isn’t punitive, it is inclusive. It isn’t billionaire bashing, it’s bridge building. The principle of ‘Income for me/wealth for we’ is not just practical, it is executable. This book outlines an agenda to build balance again with greater opportunity, a healthy middle class and a productive environment for the continued creation of wealth for the benefit of all, not just the few.’

Chuck Collins, author of Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good, Senior Scholar, Institute for Policy Studies, Washington DC, and co-editor of Inequality.org. Co-founder of Wealth for the Common Good and Patriotic Millionaires

.....

Not only is economic growth dismally slow and well behind our true capability, our infrastructure is crumbling. In the USA, total public spending on transport and water infrastructure has fallen steadily since the 1960s and now stands at 2.4% of GDP. Europe, by contrast, invests 5% of GDP in its infrastructure, while China is racing into the future at 9%. America’s spending as a share of GDP has not come close to European levels for over 50 years. Although it still builds roads with enthusiasm, according to the OECD’s International Transport Forum, the USA spends considerably less than Europe on maintaining its roads. In 2006 America spent more than twice as much per person as Britain on new construction; but Britain spent 23% more per person maintaining its roads. From personal experience, the UK may have potholes and cracks thanks to its changeable weather, but the roads in California seem no better.

There is little relief either for the weary traveller on America’s rail system. The absence of true high-speed rail is a continuing embarrassment to the nation’s rail advocates. America’s fastest and most reliable line, the north-eastern corridor’s Acela, averages a sluggish 70 miles per hour for the 454 miles between Washington and Boston so it is not technically a high speed train by European standards. The French TGV from Paris to Lyons runs at an average speed of 140mph. America’s trains are not just slow; they are late. Where European passenger service is punctual around 90% of the time, American short-haul service achieves just a 77% punctuality rating. Long-distance trains are even less reliable. But while the Federal Government seems to understand the necessity of the rail network as it allocated $8 billion for high-speed rail projects as part of the 2009 stimulus, at least three states (Florida, Ohio and Wisconsin) sent the funds back, claiming it was wasteful spending.

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