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Pork Barrel Policies

The Elizabeth Warren Infographic Explains Her Innovative Take on Taxes

— October 6, 2011 — Pop Culture
Once called the "New Sheriff of Wall Street" by TIME Magazine, Elizabeth Warren is quickly gaining attention for her populist views on federal taxation, financial reform and democracy in general -- luckily, the Elizabether Warren Infographic elaborates on those views. Pay close attention as the former Presidential assistant opines on the fear-inducing state of American politics.

Explaining the underlying purpose of taxes, Warren exclaims, "There is nobody in this country who got rich on his own. Nobody." And it's true! A pivotal reason any American business enterprise will succeed is because of the safe, constructive and developed social atmosphere surrounding it. A motor vehicle factory, for instance, would be unsustainable without the groundwork of educated labor, electricity and Internet infrastructure. Yet, this basic premise is rejected by the wealthiest 1% who -- for the most part -- are unwilling to raise their tax rate beyond what their secretaries pay. The Elizabeth Warren infographic is a wake-up call to the United States, a country whose fiscal condition leaves it with few, if any, options.
Trend Themes
1. Populist Views on Federal Taxation - Disruptive innovation opportunities lie in developing new approaches to tax policies that promote fairness and address income inequality.
2. Financial Reform for Democracy - There is potential for disruptive innovation in creating innovative financial reform measures that increase transparency, accountability, and promote a healthy democracy.
3. Fear-inducing State of American Politics - Disruptive innovation opportunities exist in finding new ways to bridge political divides, restore trust, and create a more inclusive and less divisive political climate.
Industry Implications
1. Government Tax Agencies - Opportunities for disruptive innovation can be found in developing new technologies and systems to streamline tax collection, improve compliance, and ensure fairness.
2. Financial Services - Disruptive innovation possibilities exist in the financial services industry by creating innovative solutions that promote transparency, fairness, and accessibility for all.
3. Political Consulting - Disruptive innovation opportunities can be explored through new technologies and strategies that reshape political consulting and campaigning to foster more inclusive and ethical practices.
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