Here is the big prob­lem for Democrats

The Trentonian (Trenton, NJ) - - OPINION -

The Repub­li­cans are cor­rect when they say that we have not had a new idea for the past 50 years.

They are also right when they say that we have had no real na­tional plat­form/ agenda that we stand for aside from con­stantly bash­ing Don­ald Trump be­cause he has an ob­nox­ious per­son­al­ity, has a dis­gust­ing and dis­re­spect­ful at­ti­tude to­ward women, and tries to di­vide all of us with his in­ces­sant in­sults.

I’m not the smartest guy in the world, but at least I have a plat­form/agenda that I stand for——

I want the fed­eral gov­ern­ment to do more and spend more to help our cit­i­zens who are poor, near-poor, lower-mid­dle-class, and mid­dle-class as they strug­gle to sur­vive and pay their bills. I want the na­tional Demo­cratic Party to be the way it was in the 1960s when we cared more about all of these peo­ple and fought harder to make life bet­ter for them.

The prob­lem with the na­tional Democrats is that they have of­fered no way to pay for any­thing that would really help to make life bet­ter for us.

Our na­tional debt is through the roof. Our fed­eral gov­ern­ment bud­get deficit is close to $1 tril­lion dol­lars/year.

We really need to be fis­cally re­spon­si­ble and not spend money that we don’t have.

So, we are stuck, and have been spin­ning our wheels for the past 50 years do­ing vir­tu­ally noth­ing to help any­one.

It’s no won­der why peo­ple are sick and tired of us. We haven’t of­fered any­thing new or dif­fer­ent. I’m sick and tired of us.

The only way to get the rev­enue to ac­tu­ally do some­thing to help Amer­i­cans is some­thing that na­tional Democrats won’t ad­vo­cate. So I will. Oddly, Don­ald Trump pro­posed it in 1999.

The only way to get the rev­enue to fund my plat­form/agenda is to pass a Na­tional Wealth Tax. The prob­lem with want­ing to raise the top in­come-tax bracket is that it won’t gen­er­ate much rev­enue. If you want to play Robin Hood (as I do) you have to tax WEALTH be­cause that’s where the big bucks are. So, I ad­vo­cate for the pas­sage of a Na­tional Wealth Tax of 10% on all in­di­vid­u­als with a net-wealth and net-worth of $10 mil­lion and higher. This will af­fect less than 1% of our pop­u­la­tion. If we want to have a Cana­dian-style na­tional health in­sur­ance pro­gram which will help ev­ery­one ex­cept the very rich, this is the only way to come up with the money for it. Look up Trump’s pro­posal in 1999 (be­fore he be­came a big fake­con­ser­va­tive). He pro­posed a 14.25% na­tional wealth tax on all those with a net-worth of $10 mil­lion and higher. He wanted the rev­enue gen­er­ated to go to­ward elim­i­nat­ing the na­tional debt and to­ward adding to the So­cial Se­cu­rity Trust Fund to make it fully sol­vent for ad­di­tional years. The lat­ter does not sound con­ser­va­tive.

— Ste­wart B. Ep­stein

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