
In early 2026, I signed up to run in the special election to replace Margorie Taylor Greene. She had moved to Rome, GA and I understand she actually lives on the road grew up on. Several top Democratic Party office holders and people within my circle turned out to not want to me to run for a variety of reasons. Playing it day by day, I primarily made videos for the internet and attending most of the forums but I didn't spend any money on the race. There was a popular candidate was receiving millions of dollars from out of state. There was no beating that. I finished 6th in a field of 18 or so candidates. I found I was more rusty at politicking than I expected and I think the electorate had changed over the years, too.


During that race I was surprised how few people were interested in issues. Issues are what I am about. I'm not really into political parties, conservative or liberal labels, nor do I want to discuss who and what is communism or socialism or other things organized interest use to divide the rank and file citizens. I am interested in promoting a middle class agenda. I focus on concerns continually reflected in surveys that so many polls say they want- a living wage, lower healthcare cost being among them.
I write books in my retirement and I have a new one coming out soon. The publisher always has the last say on the title but I have named the book, "The New American Revolution." Here is the Table of Contents of the Book:
Table of Contents
Introduction- A New Social Contract
Chapter 1- The Graduated Flat-Rate Income Tax
Chapter 2- Indexing the Minimum Wage
Chapter 3- Building a Worldwide Middle Class
Chapter 4- Work Partnerships in Large Corporations
Chapter 5- Ending Predatory Household Debt
Chapter 6- Massive Conglomerates Must be Broken Up
Chapter 7- Optional Universal Healthcare System
Chapter 8- A Federal Balanced-Budget Requirement
Chapter 9- A One-to-Five Percent Wealth Tax
Chapter 10- A Limit on Government Taxation
Chapter 11- Paying Off $1.7 Trillion Student Debt
Chapter 12- Providing the Basics at Home
Chapter 13- Enabling the Basics at Aboard
Chapter 14- The Age-old Problem of War
Chapter 15- Enabling Housing Security
Chapter 17- Recapturing Democracy
Conclusion- What This Social Contract Achieves
Here are the key points of the book:
What This Social Contract Achieves
As a species of people, let us remake ourselves into a people with money in our pockets, time on our hands, peace in our hearts and prosperity in our countries. Here is what this proposal package achieves:
· This package raises an estimated $2.0 trillion to $2.2 trillion in annual positive revenue through a no-loophole graduated flat income tax and a wealth tax on the richest Americans. After market effects, the plan is expected to result in at least $1.6 trillion to $1.9 trillion in new revenue.
· Balances the federal budget in the first year and begins paying down the national debt, with a goal of retiring it in 16 years.
· Requires no new taxes on working-class or middle-class households: households under $250,000 remain protected at their 2019 baseline levels.
· Raises the minimum wage to $23.80 per hour, putting money into workers’ pockets, giving everyone a living wage, and moving millions of people off welfare.
· Reduces the taxpayer cost of welfare by moving working people above eligibility, with earlier estimates showing about $142 billion per year in combined SNAP savings, housing-assistance
savings, and added payroll and income-tax receipts.
· Through a worker-owner partnership, it gives workers a 25% share of large-corporation prosperity. Money in the pockets of local workers. Money they may spend back into the community.
· Caps mortgage rates at 3.99% and revolving credit at 4.99%, with additional consumer protections that keep debt from becoming a permanent trap.
· Creates a voluntary full-coverage universal healthcare system with a 5% employee payroll cap, $50 office visits, a $1,000 annual out-of-pocket cap, and a $10,000 lifetime maximum. It has full coverage including dental, vision, and hearing.
· Ends poverty as a permanent class by funding a national poverty-eradication system built around standard housing, nutrition, job placement, supportive care, and a $215 billion first-year appropriation.
· Builds a worldwide middle class by using U.S. market access to lift workers worldwide through a certification system requiring three-times the poverty level at home and an equivalent living wage abroad. This focuses the world on the labor dollar assuring the U.S. of retaining the US dollar as the world currency.
· Redirects military resources away from permanent war and toward territorial defense, disaster response, infrastructure, medical logistics, and humanitarian security.
· Expands candidate access to voters through ranked voting and a nationwide Sunday debate and airtime program during election season, funded by a 10% surcharge on FCC licenses.
· It secures Social Security for the next 75 Years through removing the Social Security ceiling so high-income earners will also pay the 6.2 percent employee payroll tax.
· Major recurring revenue in the wealth-tax model of $1.6 trillion/year to recoup past losses and make a debt free future for Americans.
· Student Debt Resolution taking care of a 1.7 trillion dollars drag on the economy.
· It eliminates most renter evictions through a Renter Security Fund to cover renters who lose their job, become ill or hospitalized, and during bereavement.
· Provides for poverty eradication and housing appropriation at home and a global human survival floor for basic needs both at home and abroad.
Community Investment and Social Infrastructure Fund that covers domestic public priorities including pre-K, childcare, school meals, rural broadband, elder care, free trade schools, and apprenticeships, and restores emergency services.
Year One Math:
+$1.6 trillion wealth-tax revenue
+$500 billion graduated flat-rate income/corporate reform revenue
+$262.5 billion student-debt debt-reduction share
+$1.94 billion renter-fund annual surplus
-$440 billion Community Investment and Social Infrastructure Fund
-$215 billion poverty startup cost
-$500 billion global basic-needs commitment
-$5 billion housing appropriation
-$2.541 billion renter-fund seed cost
The result is an estimated positive Year one reserve of about $1.202 trillion. After all currently quantified package items are deployed, the estimated Year 1 result is a positive federal balance of approximately $1.202 trillion. In later years, after one-time startup costs fall away, the package remains strongly positive under the same assumptions, while the Community Investment and Social Infrastructure Fund continues to support visible domestic renewal.
The Acts are not separate wish-list programs. They are designed as one working fiscal and social system: revenue from concentrated wealth, speculation, and from closing tax loopholes will fund poverty eradication, debt reduction, housing stability, healthcare security, education relief, and global basic-needs commitments while still leaving a substantial positive balance under the stated assumptions.
The remaining surplus should not be treated as idle money or a license for unlimited new programs. It is a national stabilization reserve to absorb economic shocks, prevent future deficits, cushion recessions, and keep the new social contract solvent without raising income taxes on working- or middle-class households.
Readers who support these reforms should not stop at agreement. Review the Acts, organize with others, support candidates who will fight for this package, use the Supporter Advocacy Letter, and press Congress to act. These proposals become real only when citizens move together.
Thank You,
Jim Davis, 2026
I have other books on the same subject at jimdavisbook.com
I also post occasionally at "Peace and Progress" on Facebook.
Direct Email-
www.jimdavistmc@hotmail.com