Quote:
Originally Posted by Thorondor
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how does the left propose paying for it on top of raising federal income taxes by 15 to 20% to pay for "Medicare-for-all".
The simple answer? They can't actually accomplish what they're promising; even with 100% of our income.
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By closing tax loopholes exploited by billionaires/millionaires, expanding estate taxes on millionaire/billionaire inheritances, closing tax loopholes exploited by corporations like Boeing/Amazon, ending the offshore storage of assets to avoid taxation,
The Inclusive Prosperity Act that taxes Wall Street speculators, and increasing income tax rates on income above $10mil+.
It doesn't bother you when our defense spending is
$716 Billion this year and increasing to $738 in 2020 but a long-term investment in renewable energy to make sure our children and grandchildren have a habitable planet is just too much...
tl;dr
We're going to tax the rich bourgeoisie exploiting the rest of us to fix a planet that is currently on fucking fire because of their greed.