
This book is a Call for Action to institute major economic reforms detailed in the book that will provide an economic democracy parallel to our political democracy. This transition will constitute a paradigm shift from a profit paradigm into a prosperity paradigm. As such this movement when successful will likely represent the most significant political-economic event since the American or French revolutions! You don’t need a savior and you don’t need permission! The solution detailed in this book will make our economy democratic, of the people, by the people, for the people! I hope to empower you and embolden you to seek a more prosperous economy for you and your children. And I hope to highlight a vision by which you can achieve it. This manifesto will make our destination perfectly clear and the path From Profits To Prosperity will be brightly lit. It is time for you to stand and be counted. The decision is yours! Here is a summary of the goals detailed in the 1.Establish an independent department of government primarily responsible for the prosperity and management of our economy 2.Facilitate an economic renaissance from a profit paradigm to a prosperity paradigm 3.Institute a form of Capitalism with a democratic focus 4.Define economic majority as the middle 80% of earners 5.Define a prosperity metric = average income of M80 / minimum cost of living 6.Stop further expansion of sovereign debt as taxation without representation 7.Pay off the existing Sovereign debt over the next 60 years or less 8.Eliminate budget deficits by law 9.Restructure Social Security into a sustainable system with an increase of benefits 10.Reduce the national budget and regulate the budget at a fixed percentage of GDP 11.Reduce and drastically restructure taxation on businesses so that 50% pay no tax 12.Tax businesses so that they are encouraged to maximize national prosperity 13.Replace the 15% to 35% income tax on businesses with prosperity taxes 14.Eliminate the need for businesses to keep profits offshore 15.Eliminate the business 6.2% matching Social Security tax 16.Eliminate business unemployment taxes 17.Streamline businesses so that they are no longer involved in health care, pensions and other fringe benefits 18.End the economic privilege class over the next 80 years with an inheritance tax that heavily taxes inheritances larger than 10 times the average inheritance 19.Eliminate the “curse” of unemployment and costly unemployment benefits 20.Establish a policy of equal pay for equal work that applies nationally 21.Establish a minimum wage that is at least equal to the minimum cost of living 22.Implement by international treaty a fair valuation system for all currencies worldwide 23.Implement by international treaty an equal value pay for equal work rule worldwide 24.Make sustainable natural resources the right and responsibility of all generations 25.Manage the national income so that there is no wage inflation and no wage erosion 26.Manage national income and national wealth to match a fixed percentage formula 27.Institute direct, demand driven capital formation using a public capital concept based on a national retirement fund 28.Integrate monetary policy, fiscal policy, investment policy and tax policy into a cohesive unified economic control system 29.Establish the scientific truth that a prosperous economy cannot be achieved by profit optimization of each individual business 30.Introduce the idea of scientific economic principles that support economic engineering solutions 31.Use scientific principles for expanding the use of formula controlled democracy 32.Use tax incentives to encourage economic investment and discourage speculation 33.Institute a two-tier wealth tax on Net Worth that encourages economic investing 34.Eventual elimination of the personal income tax on the lower 90% of earners 35.Win the “War on Democracy” by achieving a democrati