Infrastructure! Finally! I’m so happy about this, I could cry.
In truth, it’s not enough. But it’s a great start. And there are lots of other ways to enhance it, including this Novel Approach to Funding Infrastructure, brainchild of Regeneron CEO Leonard Schleifer, that I posted a couple of years ago.
I’d also love to see a “Voluntary Inequality Tax Surcharge” that would add 1% to the corporate tax rate for companies whose most highly paid employee earns more than 50X its median employee . . . 2% if more than 100X . . . on up to 5% if more than 500X. All a board of directors would have to do to avoid paying it is some combination of paying employees more or the CEO less. Even if it failed to raise a lot of revenue, it would send a great signal.
Last month — in a single post! — I gave you the two greatest nonagenarians I know, one white, one black: Warren Buffett (his latest annual shareholder letter); Harry Belafonte (his star-studded 94th birthday celebration) — both free.
Today I urge you to blow $7.99 on Sing Your Song, the Harry Belafonte documentary I missed when it was released a decade ago but that I watched last night.
Revitalizing our national infrastructure is a total win-win — but not enough. Sing Your Song is about revitalizing the nation’s soul.
Have a great weekend!