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Mon Nov 18, 2019, 09:07 AM

Former Clinton Sec Robert Reich on why US needs a wealth tax.

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Reply Former Clinton Sec Robert Reich on why US needs a wealth tax. (Original post)
Stellar Nov 2019 OP
bucolic_frolic Nov 2019 #1
appalachiablue Nov 2019 #2

Response to Stellar (Original post)

Mon Nov 18, 2019, 09:52 AM

1. Economists do theorize about optimal happiness

the best outcome for the greatest number of people leads to the greatest happiness.

If the only thing keeping you happy is the numbers in your financial accounts, you really have enough already.

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Response to Stellar (Original post)

Mon Nov 18, 2019, 11:51 AM

2. Good for Reich even though the heads were rehearsed to shut him down



- THE “CENTER” OF AMERICAN POLITICS IS ON THE LEFT

Donald Trump, Fox News, and Republicans in Congress label proposals they disagree with “fringe,” “radical,” or “socialist.” Well, let’s see where the American people actually stand:

On the economy,76 percent of Americans favor higher taxes on the super-rich, including over half of registered Republicans. Over 60 percent favor a wealth tax on fortunes of $50 million or more. Even Fox News polls confirm these trends.

What about health care? Well, 70 percent want Medicare for All, which most define as Medicare for anyone who wants it. 60 percent of Republicans support allowing anyone under 65 to buy into Medicare.

92 percent want lower prescription drug prices. Over 70 percent think we should be able to buy drugs imported from Canada.

On family issues, more than 80 percent of Americans want paid maternity leave. 79 percent of voters want more affordable child care. And that includes 80 percent of Republicans...

More, https://robertreich.org/post/185752335140

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