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.@BernieSanders is ranking Democrat on Budget committee. If we win White House and take Senate he stands to have seat at the head of the table. If he's smart he'll play ball and suspend. Get on the band wagon to defeat Trump.
Change comes from Congress. budget.senate.gov/ranking-member…
I was a big LBJ fan in my early teens. The Great Society. The Vietnam War ruined it all. Only the Civil Rights Acts survived. I have a budget calculator and I think just rational top-earner tax rates can do it all. I'm not sure I'd change the corporate rates.
My preference would be to force the cash out of corporations via retained earnings limitations and taxing the dividends as shareholder regular income. Encourage corporations to borrow. Makes a healthy banking sector and we can wean them off of the stock market casino.
When we change 11 USC 523 to make student loans dischargeable the banks may be stressed. We can back-fill with tax policy to off set the losses. Most will take a refi rather than discharge. Good Bk lawyer work (shameless plug). 😎
And build high-speed rail, coast to coast. Boston to Miami. Chicago to Houston. Seattle to San Diego. It's time we get back into the game. @JoeBiden @SenSanders
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