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In reply to the discussion: Sanders Endorses Small Tax Hike On All To Fund Family Leave [View all]JDPriestly
(57,936 posts)He wants to make sure that the oligarchs cannot hide their money in tax havens and that their money is taxed at a higher rate than it is today.
Bernie wants to lift the cap on income and make all of it subject to payroll taxes. There would be enough to fund paid leave for working mothers of new babies. After all, those mothers either pay a babysitter to take care of their child, have famly who takes care of the baby or stay home and lose money taking care of their baby.
We pay for these necessities like infant care for a new-born baby, healthcare and college education and the things Bernie wants to pay for by pooling our money.
The overall costs for these things that we pay for now would rise because many more people would be covered, people who are really struggling to pay for these necessities now.
The additional cost would be spread across society and in particular imposed on those who earn or receive the greatest part of our national income.
Remember, over the past 30 years, the people who receive high incomes, the so-called 1%, the very wealthy have been taking a larger and larger portion of the overall wealth.
We are very out of balance in terms of the distribution of wealth.
Programs like paid leave for moms (and maybe dads) with new babies is one of several ways to try to return to an equilibrium that will keep our society in balance. Another way is to raise the minimum wage and then tie that minimum wage to the consumer price index or some other fair index that measures inflation.
The issue is how do we rebalance our economy so that we maintain a consumer base and hae a healthy society economically, socially and politically.
How would you get our economy and society back into balance so that the extremes of rich and poor are not so great and so that we have a strong and healthy middle class again?