The main issues with implementing this in 2018 in the US include:
1. Sweden is much smaller than the US. When they tried to start this, they had a population less than Los Angeles County. Their GDP was a tiny fraction of ours.
2. As stated in the article, they had a base of 70-80% of union members.
3. Changing our equity markets would take decades at least so as not to harm the middle-class people who have 401s, etc.
The article states the program would have to be "modified". It would have to be completely restructured not modified.
I'd like to see our tax code be changed to make dividends and capital gains (with some exceptions) be taxed as regular income with the money used for education and healthcare. We need to build unions up.
1. Sweden is much smaller than the US. When they tried to start this, they had a population less than Los Angeles County. Their GDP was a tiny fraction of ours.
2. As stated in the article, they had a base of 70-80% of union members.
3. Changing our equity markets would take decades at least so as not to harm the middle-class people who have 401s, etc.
The article states the program would have to be "modified". It would have to be completely restructured not modified.
I'd like to see our tax code be changed to make dividends and capital gains (with some exceptions) be taxed as regular income with the money used for education and healthcare. We need to build unions up.