@yang
Just because you call it capitalism, does not make it capitalism. Be honest with people. You are a socialist, if not a full fledged communist.
@yang
I'm not looking to abolish the free market
There are 250 million adults in the United States. Your plan is to steal (tax) $250 billion dollars a month from the free market (that's $2,500,000,000,000 a year), redistribute the stolen money across the population.
Prices on everything would skyrocket out of control. Just look at what government backed student loans did to college tuition. You would destroy the free market.