Agenda for Occupiers of Wall Street

Great little video blog from Nicholas Kristoff in today’s New York Times suggesting an agenda for the somewhat directionless Wall Street protestors: 

http://video.nytimes.com/video/2011/10/02/opinion/100000001084589/advice-for-the-wall-street-protesters.html

His suggested agenda that this blogger fully supports is:

  1. A Globally enforced Financial Transactions or Tobin tax on all financial transactions so that Wall Street endless recycling of the world’s GNP everyday slows down a little and generates much needed tax revenue.
  2. Eliminate the carried interest loophole that allows very wealthy people to reduce their tax liability
  3. End differential treatment of Capital Gains income: tax it at the same rates as the rest of us pay on earned income
  4. Introduce increased financial regulation of Wall Street: the tax payers bailed them out for their foolishness; let’s limit the extent of their foolishness in future.
This is Nicholas:

About creativeconflictwisdom

I spent 32 years in a Fortune Five company working on conflict: organizational, labor relations and senior management. I have consulted in a dozen different business sectors and the US Military. I work with a local environmental non profit. I have written a book on the neuroscience of conflict, and its implications for conflict handling called Creative Conflict Wisdom (forthcoming).
This entry was posted in Creativity and Conflict, Economic Conflict, Ways to handle conflict and tagged , , , , , . Bookmark the permalink.

1 Response to Agenda for Occupiers of Wall Street

  1. Very well written information. It will be supportive to everyone who utilizes it, including me. Keep up the good work – looking forward to more posts.

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