Answer:
Step-by-step explanation:
It is impossible for the United States to preserve itself as a republic or as a democracy when 600 families own more of this Nation's wealth - in fact, twice as much - as all the balance of the people put together. Here is the whole sum and substance of the Share-Our-Wealth movement: Every family to be furnished by the Government a homestead allowance free of debt of not less than one-third the average family wealth of the country which means, at the lowest, that every family shall have the reasonable comforts of life up to a value of from $5,000 to $6,000. No person to have a fortune of more than 100 to 300 times the average family fortune which means that the limit to fortunes is between $1,500,000 and $5,000,000, with annual capital-levy, taxes imposed on all above $1,000,000. An old-age pension to the persons of 60. The raising of revenue and taxes for the support of this program to come from the reduction of swollen fortunes from the top, as well as for the support of public works to give employment whenever there may be any slackening necessary in private enterprise.