Joe Biden is the clear front runner in the Democratic race for the presidential nomination. Regardless of his tone-deaf comments and self-inflicting blunders, his poll numbers haven’t wavered and the race is his to lose. With that being said, nearly every Democrat trailing him is willing to say and do anything to gain traction, including radical ideas and “sound good” policy.
Bernie Sanders, who is second in most polls, just proposed cutting student loan debt, all $1.6 TRILLION. It sounds good, but unrealistic by any measure and a weak attempt to gain traction. Student loan debt can be crippling, and maybe that’s why so many people have quickly jumped on the Bernie bandwagon after he made the announcement… some probably knowing it sounds too good to be true, and others really believing it could happen (if he wins of course). Let’s just say we defer to the former.
If that wasn’t a stretch goal, last week Beto O’Rourke proposed a “war tax”, which would require non-military households (so roughly 99% of the population) to pay a “war tax” to help cover the health care of veterans of newly-authorized wars. Healthcare for veterans, including mental health and other related services for them and their families, should be a primary concern of every White House administration. We can safely say both parties have dropped this ball. But more taxes to address this issue isn’t the answer, and if Beto didn’t know that before his announcement, Twitter quickly confirmed that it’s a nonstarter. While the taxes would be nominal, it’s still a bad idea thrown at an even worse problem.
Household income…
- Making less than $30,000/year would pay $25
- Making less than $40,000/year would pay $57
- Making less than $50,000/year would pay $98
- Making less than $75,000/year would pay $164
- Making less than $100,000/year would pay $270
- Making less than $200,000/year would pay $485
- Making more than $200,000/year would pay $1,000.
Just a thought… Considering we budget more for our military than the next 7 countries combined, why don’t we start by allocating a small percentage of that to veterans healthcare? I think we’ll have enough… to still say we budget more for our military than the next 7 countries combined.