Democrats' path to electoral prosperity: public wealth funds

The Alaska Permanent Fund , established by a Republican governor nearly a half-century ago , has allowed Alaskan residents to share in the profits from oil and mineral extraction in the state.

The current U.S. stock value is over $50 trillion . Just a two percent tax on that amount would return $1 trillion . Each one of America 's 127.5 million households would earn nearly $8,000 per year.