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Congratulations to our presumptive Democratic nominee, Joe Biden!
Democratic Primaries
In reply to the discussion: Bernie Sanders and the Myth of the 1 Percent [View all]Hoyt
(54,770 posts)9. Excellent point. Right now, our needs for healthcare, education, Social Security, welfare, deficit
reduction, etc., can't be met by just taxing the 1%, 10%, or even the 50%. [I suppose we could take all the wealth from the upper 20% or so, but that would be good for only a year or two at best before the economy tanked.]
That doesn't mean we don't establish or improve those important programs; but, we have to be honest where the funding sources are and develop a comprehensive plan.
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden
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The Myth is that the 1% is an evil cabal that votes exclusively in their financial interest.
riverine
Apr 2019
#4
The other myth is that you can raise enough money by only raising taxes on that 1%. You cant.
oldsoftie
Apr 2019
#6
I just had a surgery a few months ago. The anesthesiologist was the cheapest part of my bill.
oldsoftie
Apr 2019
#14
that is a reasonable cost breakdown - note that the insurers didn't get a lot of that bill
riverine
Apr 2019
#15
It's not clear where our healthcare dollars are going, and nobody seems to want to know
marylandblue
Apr 2019
#16
Well my case isnt a good example re: insurers. I self paid. Negotiated prices with each provider.
oldsoftie
Apr 2019
#20
Not odd at all; they tax ALL their citizens. We dont. They have a sales tax. We dont.
oldsoftie
Apr 2019
#11
You dont understand the magnitude of the revenue issue. Just jump to "the poor". Fine
oldsoftie
Apr 2019
#29
Excellent point. Right now, our needs for healthcare, education, Social Security, welfare, deficit
Hoyt
Apr 2019
#9
Oh we've been using MMT for wars and stuff for decades now, have you looked at the debt?
Voltaire2
Apr 2019
#21
I'm glad to see you, with 37k posts, pointing out the OTHER thing everyone misses;
oldsoftie
Apr 2019
#12