What’s Left 2: We’re a Rich Country. Let’s Act Like It.
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Lyndon Johnson, cautioned that his support of the Civil Rights Act was too bold and politically risky, famously responded: “What else is the presidency for?” The United States of America is one of the richest, if not the richest, nation-state in the history of the world. It also is the most unequal. So its people live in misery and squalor. What else is a country’s spectacular wealth for, other than to provide a high standard of living for its citizens? A Leftist economic programme should begin with the government’s budget. How should revenues be collected, and from whom? How should the money be spent? The Left must articulate a holistic approach to the federal budget. According to the U.S. Treasury’s website: “The federal government collects revenue from a variety of sources, including individual income taxes, payroll taxes, corporate income taxes, and excise taxes. It also collects revenue from services like admission to national parks and customs…
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