Democratic Primaries
In reply to the discussion: The reverse class resentment on student debt/free college is disturbing. [View all]highplainsdem
(63,248 posts)as much to the wealthiest as to the poorest. SS caps benefits. Warren's plan puts some limits on student debt forgiveness, but not enough to stop it from being regressive. Sanders doesn't cap them at all. So a kid from a wealthy family who runs up hundreds of thousands of dollars in student debt to get a law degree, MBA or medical degree that will almost certainly result in hundreds of thousands or millions in higher income will have his or her debt wiped out. There iis NO WAY you're going to be able to get such a plan through Congress, or sell it to the American people.
And btw, the source of the revenue is not relevant to how regressive the debt relief plan is.
A plan that taxes the richest to give mostly to the upper middle class and rich is NOT what most would consider a progressive plan.
But it's an easy way to woo younger voters.
primary today, I would vote for: Joe Biden