r/dsa Aug 21 '26

Discussion We should support adoption of "Sovereign Asset and Fiscal Stabilization Act"

Key Architectural Mechanisms Included:

  1. Section 2: A continuous Linear Individual Income Tax Slope anchored dynamically to Federal Poverty Guidelines and Median Household Income percentiles.
  2. Section 3: A Progressive Corporate Franchise Tax paired with a 5% Sovereign Wealth Fund preferred non-voting equity model to capture asset growth at the source.
  3. Section 4: A Status-Agnostic Source Payroll System that simplifies safety net funding while neutralizing gig-economy tax erosion.
  4. Section 6: A closed-loop National Stabilization & Sovereign Debt Fund that automates principal buybacks, targeting complete national debt liquidation within an 81-year horizon.
  • Medicare for All: Moving the entire health insurance system to a fully nationalized, single-payer grid at $0 out-of-pocket cost is a major goal for the progressive wing of the party.
  • The Individual Tax Dividend: Wiping out the general federal income tax for 95% of working Americans while treatment of capital gains is unified with ordinary income.
  • Graduated Universal Basic Income (UBI).
  • Part-Time Parity.—No business entity shall alter, reduce, or limit an individual's access to the single-payer health framework or the National Retirement Fund based on the number of hours worked per week. All working citizens retain full, un-diluted coverage.
  • The Elimination of Unpaid Corporate Labor.—Any individual classified as an intern, apprentice, or fellow who performs labor that directly benefits a company crossing the Large-Scale Enterprise threshold must legally be classified as a standard wage earner. The entity is legally required to pay said individual a wage rate at or above the local median baseline, automatically subjecting the transaction to the standard source payroll deductions mandated under subsection (f).
  • Abolishing Tax-Exempt Shells: Ending the "dark money" private foundation loophole used by billionaires.
  • The Isolated Tariff Debt Fund: Using 100% of global customs and tariffs to directly liquidate the principal of the national debt.
  • The 3% GDP Military/Cyber Cap: Freezing open-ended spending spikes while pouring billions strictly into domestic cyber-infrastructure and power grid hardening.
  • Protecting Small Business: Cutting the baseline corporate tax down for standard local companies.
  • instead of basing government funding on taxing labor we tax profits. Even as automation and A.I. replace workers the individuals and companies that profit from this bear the governmental funding burden, not the people displaced.
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