close tovideo Democrats and the socialism, to defend before 2020
President of Trumpf sees that the brand of Democratic presidential candidate with the socialist label before 2020 the election; reaction of public opinion researcher Frank Luntz.
“Medicare for all” and free community college is only the starting point. Some of the candidates vying for the democratic presidential nomination will go on promising gobs of government services, and a simple approach fails — just giving away money.
Candidates like Cory Booker, Marianne Williamson and Andrew Yang are among those pitching cash handout plans this election cycle.
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And for Yang, a tech entrepreneur, warns that an automation crisis is soon to rock America’s economy, the handout program is its Definition of campaign politics. His plan is simple on the surface: every American citizen over the age of 18 will receive $1,000 per month.
“My flagship proposal, the “freedom dividend” would put you $1,000 per month in the hands of every American adult. It would be a game-changer for millions of American families,” he said in the last month, the CNN-hosted debate in Detroit.
The only major drawback for Yang’s plan is that recipients of social benefits such as social assistance or disability would not be entitled, however, would have the opportunity to collect, your existing benefits, or get the $1,000.
To pay Yang plan, for such an expensive endeavor is the establishment of a Value-Added Tax (VAT) of 10 percent would be on the production of goods and services, he estimated, would be billion increase $800. He also proposes to levy a carbon fee as a tax on pollution, as well as higher tax rates for capital income and a tax on financial transactions, higher revenues from the richest Americans.
Booker, meanwhile, has his own proposal, he can start already taken in Congress-legislation to a savings account for every American child when they are born.
“The wealth inequality is at its highest point in decades—and because the assets of private households-forms is the possibility of extreme wealth inequality in America undermines the equality of opportunity,” Booker said in July, in the press release.
The plan, called “baby bonds”, is part of a bill, the Booker and Rep. Ayanna Pressley, D-Mass., recently, the American opportunity accounts Act. It would give every American child an interest-bearing savings account with $1,000, if you are born with up to $2,000 in additional contributions each year until they are 18. You would then only be allowed to use the money to buy certain items of expenditure, such as higher education or a house.
This plan, the American taxpayer would message cost as much as an estimated 70 billion dollars, according to a Yahoo, when the bill was first introduced in the year 2018. A press release from Booker and Pressley claims that would be paid for “by sensible reforms to Federal real estate and the inheritance tax, including the restoration of the estate tax to 2009 levels.”
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Williamson platform includes a far more expensive you have to pay between $200 billion and $ 500 billion over a period of 20 years to black communities as reparations for slavery. She sees that money is owed as “payment of debt,” by “a great injustice has been never treated.”
The spiritual author claims that this number in reality is far less than what it could be, what the freed slaves were promised in the emancipation.
“If you are not given the mathematics of the 40 acres and a mule, that it is four to five million slaves at the end of the civil war, and they were all promised 40 acres and a mule for each family of four,” she said during the July democratic debate, “If you do the maths, today it would be trillions of dollars.”
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Williamson ‘ s call plan, go for the money directly to private individuals. After your campaign on the site, “An esteemed Council of the Afro-American leaders, the educational and economic projects in which the money would be given to determine.”
California, Sr., Kamala Harris has also proposed a measure that would give the Americans the monthly payments. In October 2018, it announced the legislation, which earn a tax credit for people who earn less than $50,000 per year and families less than $100,000. People could decide to receive them in one payment for the year or in monthly installments, that would be as much as $250 for individuals and $500 for families.
The amount is based on the result, i.e., during a high-earner would not be entitled neither to those who do not earn any income would.
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These plans are on the upper side of Medicare for All, and free public school, supported ideas, the 2020 candidate Bernie Sanders, Harris, and Elizabeth Warren.