https://joinsam.org/blog/61-americans-want-see-new-political-party-where-it
Sometimes I wondered why we don't have a third or even a fourth political party.
Is it all cleverly rigged by Democrats and Republicans so you can't have additional parties?
Even the new parties we've had in a past (like the tea party) actually are offshoots of either Republicans or Democrats as a subordinate and not an independent free of all influence from the main parties.
Why do you suppose people collectively don't go for third parties? Too much of a risk cuz we're comfortable with the only two main ones?
After Trump's second term, I'm seriously considering forming a third political party called the Universal Catastrophic Health Insurance and Universal Subsistence Allowance Party ( U.C.H.I.A.U.S.A.), which would like universal catastrophic health insurance ( U..C.H.I.) affordably done with insured cost sharing, ( Universal Medicare w/combined $5,000 Part A and B deductible and 20 percent Part A and B insured co-insurance, 50 percent prescription drug co-insurance ) costing taxpayers ca. $2.2 trillion in the year 2026.
The estimated costs of additional federal spending approved by the U.C.H.I.A.U.S.A party in 2026 would be ca. $1.4 trillion for Social Security, ( no change from status-quo on S.S. retirement benefits ), approximately one trillion dollars towards the military and veteran services or veteran benefits, $600 billion on debt interest payments, an estimated $75 billion spending on the U.S. Department of Agriculture, ( ca. $13 billion ) for the Department of Commerce, ( ca. $13 billion ) for the Center for Disease Control and Prevention, ( ca. $37 billion) for the Department of Energy, ( ca. $10 billion ) for the Environmental Protection Agency, ( $9 billion ). for the Food and Drug Administration, ( ca. $35 billion ) for the Department of Housing and Urban Development, ( ca. $26 billion) for the Department of Interior annual spending, ( ca. $62 billion) for the Department of Homeland Security, (ca. $35 billion) for the Department of Justice, ( ca. $13 billion ) for the Department of Labor, ( ca. $26 billion ) for N.A.S.A., ( ca. $50 billion ) for the State Department, ( ca. $121 billion) for the Department of Transportation, ( ca. $24 billion ) for the Department of Treasury,, the above proposed federal spending would result in total federal annual spending to be ca. $5.75 trillion..
A ten percent Value Added Tax would result in ca. $1.25 trillion of federal taxation on America's total annual personal consumption.
The U.C.H.I.A.U.S.A. party would approve having U.C.H.I funded in large part with a 10 percent V.A.T., which would generate approximately 1.25 trillion in the year 2026. U.C.H.I. could also be funded in part with an increase in the corporate income tax rate from 21 percent to 29 percent. In 2026, this would result in corporations paying U.S. corporate income taxes of ca. $550 billion; the remainder of funding for U.C. H.I. would come from Medicare payroll taxes of ca. $400 billion.
The U.C.H.I.A.U.S.A. party would have Social security fully funded by a doubling of the cap on social security taxes, so that all workers and employers would contribute 6.2 percent of social security taxes on every dollar of their earnings up to $350,000 of each individual wage earner's income .In 2026, this would mean Americans would pay ca. $1.4 trillion in social security payroll taxes.
The U.C.H.I.A.U.S.A. party would approve of U.S. military spending along with veteran services being funded with a simplified income tax system, just a few income tax brackets beginning in year 2026, zero percent on initial $12,800 of personal individual annual income, 12 percent on $12,801 to $62,800 of personal individual annual income, 32 percent on individual personal annual earnings in excess of $62,800. Capital gains taxed at same rate as ordinary income. No tax credits, save for a refundable $4,000 child tax credit as well as a $5,000 subsistence living allowance tax credit for each American adult citizen. In 2026, this would result in total personal federal income taxes amounting to an estimated one trillion dollars. .
National defense spending ( ca. $790 billion /year spending on U.S. Department of Defense , Veterans services and benefits ( ca. $210 billion) would be well funded with personal federal income taxes generating ca. one trillion of revenue in year 2026 as imposed by the U.C.H.I.A.U.S.A. Party tax plan.
The U.C.H.I.A.U.S.A. party would approve of implementing excise taxes on fuel, tobacco, cannabis, alcohol, air travel, Amtrak, national park and museum admission fees collectively adding up to ca. $250 billion in 2026. A. An U.C.H.I.U.S.A. party approved financial transaction taxes ( remittance taxes and stock/bond trade taxes) would generate ca. $200. Tariffs would generate ca. $120 billion in revenue. Federal estate taxes would generate ca. $30 billion in revenue. Excise taxes, federal estate taxes, financial transaction taxes and tariffs could be used to fund spending on an estimated $75 billion spending on the U.S. Department of Agriculture, ( ca. $13 billion ) for the Department of Commerce, ( ca. $13 billion ) for the Center for Disease Control and Prevention, ( ca. $37 billion) for the Department of Energy, ( ca. $10 billion ) for the Environmental Protection Agency, ( $8 billion ). for the Food and Drug Administration, ( ca. $35 billion ) for the Department of Housing and Urban Development, ( ca. $26 billion) for the Department of Interior annual spending, ( ca. $61 billion) for the Department of Homeland Security, (ca. $35 billion) for the Department of Justice, ( ca. $13 billion ) for the Department of Labor, ( ca. $26 billion ) for N.A.S.A., ( ca. $50 billion ) for the State Department, ( ca. $121 billion) for the Department of Transportation, ( ca. $24 billion ) for the Department of Treasury,, the above proposed federal spending would result in total federal annual spending to be ca. $5.75 trillion..
All the above proposed taxes for 2026, would add up to ca. $5.2 trillion. The above proposed federal spending of ca. $5.75 trillion and $5.2 trillion of federal taxes would result in an annual federal deficit of ca. $550 billion in 2026.
U.C.H.I.A.U.S.A.ism would implement universal catastrophic health insurance, provide a guaranteed minimum basic income, replace taxes on productivity with consumption taxes, simplify the U.S. tax code, save social security, reduce federal spending to less than 20 percent of G.D.P., and cut deficit spending to less than 2 percent of G.D.P. ...
