We can afford everything. We choose not to.
We can afford everything. We choose not to.
Then create universal basic income.
Our economy would skyrocket.
No one needs to be a billionaire. It’s inhumane.
Similarly though, there's nothing stopping you personally from taking $50, $100, whatever and walking over to a shelter or food bank and donating. You don't need to wait for the government to stand up a program. Lead by example like McKenzie Scott is. We donate money to local organizations - again, no barriers here.
I don't care if someone is a billionaire, though of course we should tax them "appropriately". But if you're really mad about billionaires and you want these programs, you should be giving away your own money too and there's nothing stopping you. Waiting until you get just the right program or tax the right person is a bad strategy if you really care about some of these issues.
I've never really understood why people are so het up about billionaires. The distinction between them and decimillionaires seems mostly like comic book lifestyle stuff; like, OK, they fly their pets private for visitation with their ex-spouses or whatever, I guess that's offensive aesthetically?
Far, far more damaging to ordinary people is the Faustian bargain struck between the upper middle class and the (much smaller) upper class, which redistributes vast sums of many away from working class people into the bank accounts of suburban homeowners.
(Because fundamental attribution error guarantees threads like this will devolve into abstract left vs. right valence arguments, a policy stake in the ground: I broadly favor significantly higher and more progressive taxes, starting with a reconsideration of the degree to which we favor cap gains.)
Public spending on healthcare is around 8-9% of GDP once you add things up.
So you have already paid for a public healthcare system in many ways.