It's hard to argue with this platform...

Socialist Party Platform: Economics

1.We demand the immediate withdrawal of the United States from the North American Free Trade Agreement (NAFTA)and the Central American Free Trade Agreement (CAFTA), and oppose the creationof a widened Free Trade Area of the Americas (FTAA).

2.We call for worker and community ownership and control of corporations withinthe framework of a decentralized and democratically determined economy.

3.We call for a minimum wage of $15 per hour, indexed to the cost of living.

4.We call for a full employment policy. We support the provision of a livableguaranteed annual income.

5. We call for all financial andinsurance institutions to be socially owned and operated by ademocratically-controlled national banking authority, which should includecredit unions, mutual insurance cooperatives, and cooperative state banks. In the meantime, we call for re-regulation ofthe banking and insurance industries.

6. We call for a steeply graduatedincome tax and a steeply graduated estate tax, and a maximum income of no morethan ten times the minimum. We opposeregressive taxes such as payroll tax, sales tax, and property taxes.

7.We call for the restoration of the capital gains tax and luxury tax on aprogressive, graduated scale.

8.We call for compensation to communities– and compensation, re-training, andother support service for workers– affected by plant and military baseclosings as stop-gap measures until we reach our goal of creating a socialistsociety totally separate from the global capitalist economy.

9.We oppose the International Monetary Fund, the World Bank, and the World TradeOrganization as instruments of capitalist oppression throughout the world.

10.We demand cancellation of Third World debt.

11. We call for a National PensionAuthority to hold the assets of private pension funds, and a levy againstcorporate assets for any pension fund deficits.

12.We call for increased and expanded welfare assistance and increased andexpanded unemployment compensation at 100% of a worker’s previous income or theminimum wage, whichever is higher, for the full period of unemployment orre-training, whichever is longer.

13. We support a program of massivefederal investment in both urban and rural areas for infrastructurereconstruction and economic development.

14.We support tax benefits for renters equal to those for homeowners.

15. We call for the elimination ofsubsidies and tax breaks that benefit corporations and all other forms ofcorporate welfare.

http://www.votesocialist.org/ http://www.votebrianmoore.com/ http://www.votevachon.com/

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