You're welcome for the LINK CHARLOTTEX!!!
Taxing the rich only moves money into the Federal piggy bank, not Americans' pockets.
What goes into the FEDERAL PIGGY BANK also comes back out of it again and goes to pay for stuff like our MILITARY, and our SOCIAL SECURITY system, and for our ROADS & BRIDGES, and for the COPS and FIREMEN that protect us, etc.
So when the RICH KEEP using LOOP HOLES to keep from PAYING anything at all (like AMAZON did this year), that also enables them to USE what the REST of US pay for (roads and BRIDGES), which also means they're taking ADVANTAGE of us by not paying ANY TAXES at all and then USING what we pay for them to USE.
And IF they'd PAY their FAIR SHARE, then OUR DEBT wouldn't keep GOING UP, and we wouldn't have to pay the OUTRAGEOUS INTEREST that we now owe on our DEBT.
And that would also enable us to be able to AFFORD many other things we need that we now can't afford to pay for due to the HIGH DEBT and the OUTRAGEOUS INTEREST we owe on that DEBT, due to the WAY THE RICH keep finding ways to NOT PAY what they should be paying.
It's like ALL of us have someone who's FREE LOADING off of us by sleeping on our SOFA, and is EATING OUR FOOD, wearing our clothes, and is also running up our UTILITY BILLS as well, but isn't willing to pay us anything for doing so.
That's what RICH PEOPLE who DON'T PAY TAXES are doing. FREELOADING off of the REST of us that they see as being SUCKERS.
That RICH WOMAN named LEONA... who went to jail … who ran HOTELS and was involved in REAL ESTATE like THE SCAM MAN … also BRAGGED ABOUT how only the LITTLE PEOPLE PAID TAXES.
Here's a VIDEO where DYLAN RADIGAN also explains what we need to do about it:
https://www.youtube.com/watch?v=gIcqb9hHQ3E
Unfortunately here we are almost 10 YEARS LATER, and STILL NOTHING has been done.
But, imo, LIZ also sounds like the CANDIDATE who BEST UNDERSTANDS the matter and is ready to do something about
it.
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CharlotteXavier (2357)
6 years ago
Bernie sanders has been saying what the guy in the YouTube video is screaming about for years and years and years and years. That screaming guy is wrong when he says no politician was addressing income inequality back then. Dead wrong.
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joi2049 (5572)
6 years ago
The problem with BERNIE is the way he wants everyone to go to COLLEGE for FREE and he has NO WAY to PAY for that idea.
Unless he's also saying he wants to take away the money the RICH FAT CATS have STASHED OFF SHORE in places like the CAYMAN ISLANDS and use that for COLLEGE TUITION???
It would most likely also VANISH before he could ever manage to get his hands on it though. Because the moment he'd be elected the RICH would most likely just go HIDE it some place else.
Sorry about the PBS link not working. Now it work anymore for me either :(
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CharlotteXavier (2357)
6 years ago
Bernie wants to pay for college with a Wall Street speculation tax. So yes, he wants to tax the rich to get the money.
When people say his ideas are crazy or that there’s no way to pay for this or that, it’s because they haven’t listened to him or bothered to get answers. I don’t agree with everything he says but I believe he truly has his country’s best interest at heart not his own. I have never felt that way about any politician in my life.
That pbs link - maybe it contains a typo? There’s a p at the end.
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Painekiller (355)
6 years ago
Bernie wants to pay for college with a Wall Street speculation tax. So yes, he wants to tax the rich to get the money.
When people say his ideas are crazy or that there’s no way to pay for this or that, it’s because they haven’t listened to him or bothered to get answers. I don’t agree with everything he says but I believe he truly has his country’s best interest at heart not his own. I have never felt that way about any politician in my life.
;-p
But the Congressional Budget Office shot Bernie's numbers down in flames, among others:
https://taxfoundation.org/details-and-analysis-senator-bernie-sanders-s-tax-plan
Key Findings:
A majority of the revenue raised by the Sanders plan would come from a new 6.2 percent employer-side payroll tax, a new 2.2 percent broad-based income tax, and the elimination of tax expenditures relating to healthcare.
According to the Tax Foundation’s Taxes and Growth Model, the plan would significantly increase marginal tax rates and the cost of capital, which would lead to 9.5 percent lower GDP over the long term.
On a static basis, the plan would lead to 10.56 percent lower after-tax income for all taxpayers and 17.91 percent lower after-tax income for the top 1 percent. When accounting for reduced GDP, after-tax incomes of all taxpayers would fall by at least 12.84 percent.
Economic Impact
According to the Tax Foundation’s Taxes and Growth Model, Senator Bernie Sanders’s tax plan would reduce the economy’s size by 9.5 percent in the long run. The plan would lead to 4.3 percent lower wages, an 18.6 percent smalller capital stock, and 6.0 million fewer full-time equivalent jobs. The smaller economy results from higher marginal tax rates on capital and labor income.
And you DO know that Bernie has never succeeded at one capitalistic thing in his entire life, don't you? The list of his failures in the free market is information dense.
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