Public Citizen Wrote:
Dec 21, 2012 5:42 PM
If we are going to have any discussion about the accumulation of wealth and ~fairness~ then the accumulation of outsized wealth by elected public officials needs to be a major sub-topic of the discussion. We need to require all elected officials to file a statement of net worth upon taking office, not just for that person but for anyone that they have a financial relationship. They then need to fall in a special tax classification where any gain in net worth over the rate of inflation plus a stated percentage [I think 2% would be reasonable] is taxed at ~double~ the rate of private citizens. This would limit the ability of people like Pelosi and her husband from gaining an absolutely obscene net worth off of "overly generous" [read fat]