In the health industry I know for a fact the US isn't actually paying their bills write offs isn't paying a bill. I think were talking about separate things though. I never said abandon the progressive tax, I said I can see an argument for it. The thing is we aren't at a place where any of this is working I think we agree on that. To make a flat tax work or to make a progressive tax actually work a lot of changes need to take place.
What does "making a tax work" mean to you? A balanced budget? Because a balanced budget isn't a priority for either party, and I'm not entirely sure it should be. While balanced budgets are intuitively attractive due to analogizing to personal finances, there are good arguments that keeping the budget balanced isn't optimal. Keynesian economics (which I'm a believer in) suggests that you should run deficits in times of recession, to provide financial stimulus to kickstart the economy, and budget surpluses to pay down the debt in times of prosperity. Of course, other schools of economics have their own views on whether budget deficits are harmful, neutral or necessary.
Running a deficit within reason is one thing what were doing right now is another... I think a government should be fiscally responsible, doesnt always mean “balanced”, but really our economic policies seem to be spend a lot stuff that doesnt need that excessive spending and spend less on things that my world view would say is important.
Trust me, I know. I see it everyday on the Facebook group i'm a part of. Parents of children with permanent disabilities who are not as lucky as I am able to provide for my daughter by having amazing insurance. People on this very forum have made it known they couldn't care less about permanently disabled children.
Yep. It's my job to work with adults with disabilities, and even the state who helps provide funding (etc) does so begrudgingly. One of my best friends has CP (among other struggles) and the state almost acts like he's faking it and just taking advantage of the government gravy train (because lord knows 700 bucks a month totally pays for everything one would need).
My friend has been told by the state that they need to find a provider who has a van that can take him places (he can't do buses or large vans and most taxi's). He's been trying for 3 years and found 1 provider agency who has a mini van with a lift...and they lied about who was going to work with him and then got in an accident. But they keep moving the goal line and then symbolically pat him on the head and say "good boy".
..."yes, there are 2 paths you can go by, but in the long run there's still time to change the road you're on"
Currently, the wealthy pay a lower rate on their income than the rest of us. Is this fair? Also, we've got to have some sort of method for determining tax rates and no other idea comes to mind that is even somewhat fair other than majority rules. Last, the wealthy get the most out of our tax supported infrastructure, including the military, so why shouldn't they contribute the most? After all, those who simply can't contribute shouldn't have to pay as much, now should they.
There has to be a better way. Euro Flop Normally progressives like to point to Europe for policy success. Not this time. The experiment with the wealth tax in Europe was a failure in many countries. France's wealth tax contributed to the exodus of an estimated 42,000 millionaires between 2000 and 2012, among other problems. Only last year, French president Emmanuel Macron killed it. In 1990, twelve countries in Europe had a wealth tax. Today, there are only three: Norway, Spain, and Switzerland. According to reports by the OECD and others, there were some clear themes with the policy: it was expensive to administer, it was hard on people with lots of assets but little cash, it distorted saving and investment decisions, it pushed the rich and their money out of the taxing countries—and, perhaps worst of all, it didn't raise much revenue.
The wealth tax does seem rash. There are those that deserve it and those that don't and I have no way to distinguish which is which other than a gut feeling. Gut feelings don't seem like a fair way to determine someone's tax debt.
Or... since Bernie is of our generation, not yours... maybe we understand him a little bit better than your generation does. barfo
No need for a wealth tax. Candidates can just promise free healthcare and education and campaign that Mexico will pay for it.
Did you get that idea off of facebook? Baby boomers share nearly 7 times as many 'fake news' articles on Facebook as adults under 30, study finds https://www.businessinsider.com/baby-boomers-more-likely-to-share-fake-news-on-facebook-study-2019-1
So what you're saying is Bernie is more likely to spread 'fake-news' than I am! I kid, I kid. I don't even really use face-book, I have an account but I log in like once every few years, that's how interesting I find it. Do people our age even use FB though, seems like most of my friends and co-workers the last few years use IG and Twitter (of which I don't have an account on either of those).
