Serving the High Plains
Serving the High Plains
New taxes on rich would help reduce inequality
We have someone running for president who knows what needs to be changed to benefit the majority of the citizens and the courage to present a plan.
We citizens balk at huge changes even though it may be for their own benefit. We have bought into the myth that government is the problem. The evidence to disprove that is everywhere. Social Security is an outstanding example.
Republicans have spread this propaganda for years.
Elizabeth Warren’s plan, Consumer Finance Protection Bureau, returned over $12 billion to consumers until Trump, a Republican, put a bonified conservative to head it. Since then? Who knows.
Warren’s most recent plan is Medicare for All. Radical, for America? Yes. For the world, no.
Numerous nations have healthcare for all. Some eliminate insurance companies, some do not. Our healthcare system is by far the most expensive and not very highly ranked.
Warren has consulted with outstanding economists in taxation and government in forming her plans. Emmanuel Saez and Gabriel Zucman coauthored the book “The Triumph of Injustice — How the Rich Dodge Taxes and How to Make Them Pay.”
They are economic professors at the University of California-Berkeley and are considered tops in their field. The book spells out the myriad of ways taxes are avoided and the ways to stop It.
It is not brain surgery or rocket science. It is political will. What is so hard about that.
Money.
Money not only buys things, it buys power, political power. Not directly, indirectly but very effective.
We have numerous successful examples of healthcare for all that is far cheaper than ours. New taxes on the rich will help reduce the inequality, a smidgen.
Leon Logan
Tucumcari