The U.S. tax system drives high-value jobs abroad, undermining the market power of middle-class workers, and subsidizes the wealthy financial speculators who brought us the financial crisis at the expense of working people and productive enterprises. It also locks cash out of our economy and encourages companies to sit on it, swelling corporate cash and power. A simple proposal can fix all of that in a realistic way while reducing the deficit.

The Shared Economic Growth tax reform, explained at http://sharedgrowth.blogspot.com/2016/03/action-page.html or in length at http://digitalcommons.pace.edu/plr/vol35/iss3/4/ , would make America the most attractive place on the planet to invest, would encourage cash to come home and flow into the economy, would help curb corporate wealth and power while stimulating investment, and would subject wealthy speculators to the same FICA burden that working people pay, shifting those funds to subsidize middle-class retirement savings and pensions.