Democrat O'Rourke proposes 'war tax' on affluent U.S. families without military members

Published 06/24/2019, 08:29 AM
© Reuters. FILE PHOTO: Candidates and supporters appear at the SC Democratic Convention in South Carolina

By Tim Reid

(Reuters) - Democratic presidential candidate Beto O'Rourke on Monday proposed taxing affluent American families who do not have members in the U.S. military as a way to fund healthcare for veterans.

The former congressman from Texas unveiled a plan for military veterans that includes a "war tax," in which taxpayers who earn over $200,000 a year would pay $1,000 in a new tax for each war embarked on by the United States.

O'Rourke, who did not serve in the military but sat on the House of Representatives Armed Services and Veterans' Affairs committees, said the tax would be levied on households without current members of the U.S. military or military veterans. He did not specify what types of war, or the scale and origins of the wars, on which the tax would be levied.

The money raised from the war tax would be deposited into a newly created Veterans Health Care Trust Fund, which would be created at the start of each new war and be used to support veterans' healthcare, disability and other medical needs when they return from conflict, O'Rourke said.

The proposal was part of a broader plan by O'Rourke, who has

struggled to gain traction in opinion polls among Democratic contenders, to improve services for military veterans. He also urged an end to "wars in Iraq and Afghanistan," and reinvestment of the savings in veterans programs.

The military has about 1.36 million active-duty members out of a total U.S. population of some 327 million people. The country's armed forces have been all-volunteer since the military draft ended in 1973 as the United States wound down its involvement in the Vietnam War.

In language borrowed from former Democratic President John F. Kennedy, O'Rourke said Americans must be "willing to pay any price, and bear any burden" to provide care, support and resources to all veterans. He called for ending the "blank check for endless war" waged by the United States and to invest spending on the care of those who had served in armed conflicts.

O'Rourke, 46, launched his presidential bid in March after rising to national prominence last year when he narrowly lost his bid to defeat Republican U.S. Senator Ted Cruz in Texas. His national support among likely Democratic primary voters is currently around 4 percent.

© Reuters. FILE PHOTO: Candidates and supporters appear at the SC Democratic Convention in South Carolina

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.