The point of an equal vote is that multiple similar candidates should be able to compete on a level playing field and still have the outcome reflect the will of the voters overall. What you’re describing is what we have now with “choose only one” plurality voting and the spoiler effect.
There's really no way to change that. We're stuck in a game of chicken. Whichever side blinks decides to form a 3rd party will get clobbered by the other side. And with the supreme court the way it is, we can't afford to blink.
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