Democrats in Congress are leading Americans down a dangerous path where they become addicted to social programs, where they believe they are all free and hence care nothing about the cost or liabilities created.
And where little thought is given to long-term consequences.
It’s very appealing if course; paid leave, free or subsidized child care and pre-k, free two years of college and new dental, vision and hearing benefits under Medicare … all paid for by a tiny percentage of taxpayers and corporations, forever.
Okay, I added the forever, but isn’t that what the progressives want you to believe? I have it, they only expect average American taxpayers to save Social Security and Medicare trust funds. LOL
One major difference between the social economy that Mr. Biden and congressional Democrats hope to create and the welfare state in Europe is how it would be paid for. Most European countries ask their citizens broadly to fund their social welfare programs, largely through a value added tax, a sales tax levied at each stage of a consumer good’s production. Source: New York Times 9-6-21
What they are talking about is the value added tax, (VAT) akin to about a 20% sales tax, but higher taxes and fees for those social economies go much further than just the VAT.
At the president’s insistence, the House and Senate tax-writing committees are to finance the bill’s spending with taxes on corporations and individuals with incomes over $400,000 a year.New York Times 9-6-21