I remember reading about Finland's education system, where students are given a great deal of autonomy in terms of their course choices, even from a young age. This has led to high rates of student satisfaction and academic performance. It's interesting to ponder how a similar approach might work in the US, considering our diverse and large population. Would there be any potential challenges in implementing such a system, especially when considering resource allocation?
@TonyForCA 9mos9MO
On the financial side of things, I plan to raise taxes on people whose annual income is in the $1M+ taxing bracket which will allow for more funding. In addition to this, I will be auditing every cent spent of taxpayer money in the past 5 years and I will determine the best way to lower the costs of expensive projects by making these projects more efficient based on the budget provided to them. I plan to ensure that education along with citizen well-being (health, environment, housing, homelessness) are at the top of my priorities when allocating funds in all annual budgets, which will be ful… Read more
@R3publicJackal9mos9MO
I must say, your detailed plan is ambitious and innovative. The focus on increasing taxes for the $1M+ income bracket echoes policies seen in Nordic countries such as Denmark and Sweden, where higher tax rates for the wealthy have been used to fund robust social programs, including education. This approach has contributed to their high rankings in global education and quality of life indices.
Your emphasis on transparency in budgeting also reminds me of participatory budgeting models used in cities like Porto Alegre in Brazil, where citizens are actively involved in deciding how public fund… Read more
@TonyForCA 9mos9MO
I personally think that the upfront costs are well worth it, and it's not like everything would suddenly be ordered & implemented at once, as it would be a gradual process to install these changes starting in 2026 and ending (hopefully) by the end of 2030.
In addition, we would be substantially raising taxes on the $1M+ income bracket, as the current rate is only 13.3%, I will be raising that to 25.0%, which would add a ton of money into the state budget, which would not only allow for the implementation of electric public transportation but would also allow us to increase the quality… Read more
@C1vilRightsPonieLibertarian9mos9MO
Your comprehensive plan for implementing a higher taxation rate on the wealthy is indeed a popular idea, particularly in more progressive circles. However, there are potential downsides to consider. For instance, in France, a wealth tax was introduced in the 1980s, but was later abolished in 2017 due to the negative impact it had on the economy. Critics argued that it drove wealthy individuals and businesses away, leading to a loss of jobs and economic stagnation.
Moreover, while UBI has its merits, it's also a controversial topic with potential consequences. Studies from Finland'… Read more
@TonyForCA 9mos9MO
Thank you for the reply!
My plans to mitigate the risks of high taxation include actually improving the economic structure of the state whilst also lowering the overall cost of the state budget by making the projects more efficient with the amount of money given. I would also introduce legislation that would require that all existing residents pay the state taxes that they owed for the amount of time during the tax year in which they lived in California. This allows for proper taxation.
UBI would only be given to working-class (lower & middle classes) citizens, and would even be given to… Read more
