Populist Reform of the Democratic Party
In reply to the discussion: Some basic inaugural discussion about goals? [View all]on point
(2,506 posts)Obama initially pushed one of the advantages of single payer, then inexplicably dropped it. That advantage is that it would make the US more competitive in international trade by lowering our health care overhead costs to match that of other OECD countries, which because of more efficient health care systems, have lower overall healthcare costs to their societies.
We could also agree with conservatives in the principle of simplifying the tax code, which is gummed up by special interests, by eliminating all theses loopholes. That is not the same as lowering the tax rates for the wealthy, which is what the conservatives want, and which we would not agree. One such simplification would be to return to the time where capital gains (adjusted for inflation), dividends and income were all taxed at the same rate. That would simplify the tax code plenty and also take away of of the games of the super rich whereby they manipulate their income to get the best advantage. This is not only a scam, but it distorts economic activity. Once all three categories are returned back to equal treatment like they were before, that game would go away.