Reply #9: Yes. Another missed opportunity for the poor and working poor.

[ipaint]

Share Our Wealth Proposal

Cap personal fortunes at $50 million each — equivalent to about $600 million today (later reduced to $5 - $8 million, or $60 - $96 million today)

Limit annual income to one million dollars each (about $12 million today)

Limit inheritances to five million dollars each (about $60 million today)

Guarantee every family an annual income of $2,000 (or one-third the national average)

Free college education and vocational training

Old-age pensions for all persons over 60

Veterans benefits and healthcare

A 30 hour work week

A four week vacation for every worker

Greater regulation of commodity production to stabilize prices


"Now, my friends, we have got to hit the root with the ax. Centralized power in the hands of a few, with centralized credit in the hands of a few, is the trouble.”
— Huey Long