Posted on May 23, 2016
How Bernie pays for his proposals - Bernie Sanders
5.39K
92
79
8
8
0
Since everyone loves to go on about how "nothing is free", here is how Sen. Sanders would pay for his proposed programs. Any thoughts? And let's keep it civil, shall we.
How Bernie pays for his proposals - Bernie Sanders
Posted from berniesanders.com
Edited 8 y ago
Posted 8 y ago
Responses: 23
Posted 8 y ago
Tax the rich, tax the rich, tax the rich..... what happens when you dont have a rich population to tax? Also, if you raise the minimum wage to 15+ dollars, wouldn't that make it the "new" poverty level?
(8)
Comment
(0)
Maj Rob Drury
8 y
Also the "tax the rich" strategy does not work in today's economy. Economic factors always work toward an equilibrium, where there is a natural compromise as opposing interests attempt to optimize their positions. Since WWII, the economic climate in this country has been such that tax rates for the wealthiest and revenue generated move inversely. In other words, the more we attempt to tax the rich, the more the tax base shrinks, resulting in lower revenue. As the rich are less productive and pay less tax, the middle class bears the burden. Eventually, the lower class (now paying zero income tax) start "feelin the Bern" also; either through downward movement in the tax tables, or decreased or deficit spending.
(0)
Reply
(0)
CDR John Selberg
8 y
Let's take it one step further. I don't know how many times that Mr. Sanders' supporters have indicated that the Top 1% will pay for everything. However, hypothetically speaking, what if that "top 1%" was gone---what next? The answer seems to be whoever the next Top 1% consists of. As I have heard his supporters say: "There will always be a Top 1% for us to go after" (or words to that effect). Does not sound good, folks...
(1)
Reply
(0)
Posted 8 y ago
Much like how Venezuela... he won't. It doesn't work that way.
(8)
Comment
(0)
SSG (Join to see)
8 y
Which one of these practices does Venezuela have? Very few, if any. How many of these policies do Norway, Sweden, the Netherlands, Germany and Austria have? Pretty much all of them.
(0)
Reply
(0)
Posted 8 y ago
I saw a lot of "payroll tax" and "income tax paid by employers".
These are direct taxes on the cost of labor and will hurt the job market.
These are direct taxes on the cost of labor and will hurt the job market.
(7)
Comment
(0)
PO2 Robert Aitchison
8 y
Out of 8 proposals on that page there is one each of "payroll tax" and "income tax paid by employers" Not sure if that qualifies as a lot.
I'm no Bernie supporter and don't think his plan would work but lets not be liberal with the truth here (Hillary has that covered)
I'm no Bernie supporter and don't think his plan would work but lets not be liberal with the truth here (Hillary has that covered)
(2)
Reply
(0)
(1)
Reply
(0)
(0)
Reply
(0)
Read This Next