@TrpstrLeonOG I think we need insurance for severe illness. I’d love to see some data about a system that is out of pocket only for annual visits, mris, and other more basic treatments. Let’s deflate the costs by not allowing up charging and making providers compete with affordable prices.
@Theonlyvoice333@AdamKinzinger 2. Economies are much more global now and less isolated by a country’s border. Meaning everyone country has to compete for inside and outside investment. You can disagree with that model but that’s how it’s different today compared to the 50s.
@Theonlyvoice333@AdamKinzinger Supply chains were largely domestic. Meaning that there’s little need to have competitive tax rates for outside investment. Trade used to be heavily finished good for finished good. Trade now involves several countries all producing different parts of one finished good.
@Theonlyvoice333@AdamKinzinger The world and economy are different now. Supply chains are global in a way that didn’t exist before. Investment is global in a way that it wasn’t before. We can have higher rates (and need to) but this idea that we can go back to the 1950s tax rates is fiction.
@mark_aleks Yes, Paul Volker knew what to do. I think the problem is that they’re always cleaning up after bad fiscal policy. The real driver of cost of living has been debt and inflation. Too bad more people don’t see that.
@fwrenzo1 I support modest tax raises on the top bracket. I support them to control inflation and fund our obligations. I don’t support them to “eat the rich” or to defeat the evil “oligarchs”. A lot of ppl have a religious philosophy that requires hating markets and wealth creation
@omgsidewalks Everyone has struggles. We’ve made drastic leaps forward in healthcare, technology, and overall quality of life. Things aren’t perfect but this statement is just defeatist.
@Theonlyvoice333@AdamKinzinger 70 to 80% income and corporate + cap gains taxes takes money from investment hurting growth. The only reason the U.S has been able to be so irresponsible is because we always have growth. Not great for long term responsibility but I don’t think the answer is to destroy growth
@boston_sense Its perception. Rs and Ds won’t vote for candidates they don’t see as pure. If a D promotes something with Trumps name on it they will probably get primaried. It’s a lot like red states that won’t accept federal Medicaid funding because Obama passed it. Just plain politics.
@vtdigger Vermont is not affordable. Vermont does not have enough housing or job opportunities. That’s where all of the problems start and end. Have to fix those issues.
@Theonlyvoice333@AdamKinzinger Crashing the economy won’t fix our problems. Having a thriving economy helps all of us. Including you. Less economic growth and less job creation leads to less revenues. That means less money for spending. For the record, I argued for raising the top income tax rates.
@Theonlyvoice333@AdamKinzinger I think monetary policy should be done quickly, like a band aid. I think fiscal policy is more about consistent, incremental change. You don’t want to make deep cuts or sharp tax raises. One is bad for stability and the other is bad for the economy.
@Theonlyvoice333@AdamKinzinger I think the highest in the world is 60%. I’d say over four years we should raise it 1% a year. That with the other tax increases and spending restraint should put us on a better path. It will have to be a slow fix. Any sharp cuts or tax increases will cause too much chaos