Think back to the campaign of 2016….one of the big promises from Trump was to resurrect our dying infrastructure…..and so far we got nothing of the sorts.
But today the party leaders and Trump will meet on how to go about getting the $2 trillion for the plan that has been set forth.
This plan will go NOWHERE….why? The only way to pay for this plan is a rise in taxes on corporations and the wealthy……
With President Donald Trump and Democratic leaders set to meet Wednesday to discuss a possible $2 trillion infrastructure package, a progressive advocacy group on Monday warned that any proposal that doesn’t include significant tax hikes on the rich and corporations “will be meaningless and doomed to failure.”
“If major tax increases are off the table, there is no way to pay for a $2 trillion infrastructure plan, it’s that simple,” Frank Clemente, executive director of Americans for Tax Fairness (ATF), said in a statement. “Other options, such as raising the gas tax, might be part of the package, but by themselves won’t come close to reaching the $2 trillion that’s needed.”
Every body agrees that our infrastructure is in trouble…….ever body agrees that it needs to be updated….the problem is NOBODY wants to pay for it.
I have an idea!
Since we have spent about $6 trillion on wars in the last decade or so…cancelling those abortions would easily pay for the infrastructure they all say they want.
The price tag of the ongoing “war on terror” in the Middle East will likely top $6 trillion next year, and will reach $7 trillion if the conflicts continue into the early 2020s, according to a new report out Wednesday.
The annual Costs of War project report, from the Watson Institute for International and Public Affairs at Brown University, puts the full taxpayer burden of fighting in Iraq, Afghanistan and Syria over the last 17 years at several times higher than official Defense Department estimates, because it includes increases in Homeland Security and Veterans Affairs spending, as well as new military equipment and personnel.
The Fiscal Times look at out spending on wars as well….
“It’s important for the American people to understand the true costs of war, both the moral and monetary costs,” Sen. Jack Reed (D-RI) said in a statement last week, according to The Hill. “Our nation continues to finance wars and military operations through borrowing, rather than asking people to contribute to the national defense directly, and the result is a serious fiscal drag that we’re not really accounting for or factoring into deliberations about fiscal policy or military policy.”
I think the easy answer would be the best answer.