Democratic Budget Plan for US should include a 'Globalization Tax'

[EVDebs]

Bernie Sander's Financial Plan for America
http://www.truthout.org/docs_2006/020107F.shtml

globalization tax, AKA 'capital repatriation' is already being used to cover the cost of the Iraq War

( around $365 billion so far, could go to $1 trillion according to MSNBC http://www.msnbc.msn.com/id/11880954/
Jos. Stiglitz even estimates a staggering $2 trillion)--

Current Cost of Iraq War
http://nationalpriorities.org/index.php?option=com_wrapper&Itemid=182


An old webposting by the ASA around the 2004 election shows that,

ASA Repatriation Scorecard
$217 Billion Repatriated Back to America, At Least Another $100 Billion On Its Way
http://www.americanshareholders.com/news/

(at top under ASA Publications)

This globalization tax is essentially what corporations should have been paying all along, since corporate taxes have dropped from the 30% level near the end of WWII to something under 10% nowadays

Warren Buffett urges higher corporate taxes
http://www.commondreams.org/headlines04/0306-01.htm

(see the yellow shaded area)