NEW from me: Progressives frame their agenda as solving inequality & prioritzing the poor. Yet major progressive proposals provide **5 times** as much benefits to high-earners as low-earners. The upper-middle class & professional class benefit most. 1/https://www.manhattan-institute.org/progressive-proposals-prop-up-professional-class …
-
Show this thread
-
Distribution of benefits: -Repeal SALT cap (top/bottom 20%) - $595 billion vs. $0 -Free college (families over $120k, under $35k) - $380 billion vs. $80 billion -Student loan forgiveness (top/bottom 25%) - $544 billion vs. $192 billion TOTAL: $1.5 trillion vs. $272 billion 2/
1 reply 5 retweets 28 likesShow this thread -
There is more: Medicare-For-All could hurt most of 75 million Medicaid families who already pay little-to-no premiums/copays, but would likely be included in broad based taxes needed to fund the *full* cost. M4A would mostly redistribute from super-rich to upper-middle class. 3/
2 replies 1 retweet 23 likesShow this thread
Great analysis. Thank you for putting this together.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.