The US political system: An American plutocracy

Tony Simons, Balmain 2041, Nov 29, 2024

America has been a plutocracy for some time. As Warren Buffet said he pays less tax than his secretary which shows that the tax regime has been corrupted. Congressmen spend 70% of their time fund raising so that they are compromised by lobbyists and vested interests. The health sector costs twice that of Australia. Big Pharma, Insurers and the medical profession have caused major distortions with a much worse outcome for patients.

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