For the first time in US history, the 400 wealthiest
people are paying less in taxes than any other group in the US. It is estimated
that the tax cuts that most benefit the top one percent will cost the Treasury
at least 1.3 trillion dollars in the medium term.
The US military budget, nearly 700 billion dollars, is
roughly equivalent to the combined military budgets for the seven next most
militarized countries in the world and dwarfs the budget of its next-in-line
rival, China.
When banks and insurers hit the skids under George W.
Bush, the US came up with 700 billion dollars to bail them out.
But when it comes to funding affordable health care, US government pockets are always empty, it seems.
But when it comes to funding affordable health care, US government pockets are always empty, it seems.
Alexandria Ocasio-Cortez |
Maybe that's the real meaning of "affluent
society"—a place where only the rich and powerful benefit, and where what
is morally and ethically correct is just too expensive.
In the link below, Alexandria Ocasio-Cortéz takes on Cris Cuomo on this very subject.
In the link below, Alexandria Ocasio-Cortéz takes on Cris Cuomo on this very subject.