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In reply to the discussion: What issues are considered "far left"? [View all]OutNow
(892 posts)You want some "far left" policy? Confiscate Billionaire's money via a 90% nominal tax rate. Use the money to subsidize affordable housing and the rapid roll out of an electrified grid and electric cars, trucks, buses, etc. Nationalize all private health insurance companies and use their assets to provide national healthcare.
Have any leaders of the Democratic Party ever even mentioned doing this?
Well yes they have. The nominal tax rate was over 90% in the 1950s. The revenue provided rural electrification, massive housing expansion for the people coming home from WWII, and the national highway system. We used to have government financial support for higher education that allowed free or low cost college education. FDR's state of the union speech in 1944 laid out a Second Bill of Rights (also known as the Economic Bill of Rights) to implement a real progressive agenda for healthcare, housing, etc, etc.
The fact that these bold policies that actually used to exist have faded away from the current political agenda of the Democratic Party is so sad. My God, the Democrats used to campaign on repealing the Taft Hartley Act that was a massive attack on union organizing. So give me some real "far left" action. I'll support it.
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