To modernize the slogan from 225 years ago about "millions for defense, not one cent for tribute," that's my take on the latest news about President Joe Biden.
Biden has promised a minimum tax for billionaires, which would actually be for centimillionaires and above, to include taxing at least some of their investment income like ordinary income. The AP has more.
Problem? Well, yes, one biggie.
Like his former boss, Dear Leader Obama, and like the Slickster, Biden is focused on cleaning up Republican budget deficit and national debt messes with the extra income. Addressing national health care, or even a significantly better Obamacare, isn't in the mix. So, Rethuglican rhetoric aside, the idea is "nice."
In fact, as I type this, David Sirota's newest landing pad says that the Biden Admin is forcing more and more Medicare recipients into private market plans without their informed consent! And, it's a plan started by Team Trump, which again shows that on Social Security, Medicare and Medicaid, there's a thin dime's difference, if not quite the proverbial "not a dime's worth of difference," between the two duopoly parties. Indeed, the Sirota site piece argues that Team Biden has expanded the original Trump program.
Common Dreams was even on this late last year. And, in some ways, its piece is even harder hitting.
The biggie? The wiggle room to start "pilot programs" like this was in Obamacare. And, with people like "Mod Max" Baucus writing that bill, that language didn't get there by accident.
And, it links to a column by Chronicle columnist and friend Chris Tomlinson which sharply calls out Biden, calling his neoliberal idea that the private sector can run Medicare better "demonstrably untrue."
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