How Bernie pays for his proposals

originally posted by: neo96
a reply to: buster2010

It appears what some people can't seem to grasp.

A millionaire, A billionaire pays MORE in taxes than everyone else.

Especially when half this country ISN'T paying ANYTHING what so ever.

What you can't seem to grasp is very simple. Of course millionaires and billionaires pay more because they make more than the average middle class worker don't they? You do understand that don't you? The millionaires and billionaires do not pay the same percent in taxes as a middle class worker and in a nation where everyone is supposed to be equal that is not right.

a reply to: buster2010

I grasp it just fine.

What Sanders, and his supporters want to do is make them to pay MORE TAXES than everyone else.

Same tax ON TOP of everything else.

Which already stated is PAYING MORE taxes than everyone else.

The millionaires and billionaires do not pay the same percent in taxes as a middle class worker and in a nation where everyone is supposed to be equal that is not right.

Payroll taxes, and capital gains tax are not the same thing.

Especially when the IRS itself doesn't count investment income as 'earned' income.

That's why people with stock portfolios can' t get IRA's like other people.

a reply to: neo96
Show me a millionaire that is paying 35% in taxes.

Oh yeah them rich folks sure aren't paying 'their fair share'.

They haven't been paying their fair share since that idiot Reagan went on a tax cutting spree for the wealthy.

a reply to: neo96

The people supporting Bernie Sanders, mostly millennials and low income, can't seem to read past the word "FREE" and they're diving in head first. When they bang their heads on the bottom hitting sharp objects, they'll TRY and pop their peon socialist brains above the debt line but it will be in vain. They're stuck on the bottom with dead weight of debt and even if they never personally benefit from the programs. In fact, if Bernie wins, the people who earn a little bit extra or more will be the supporters of all the free programs.

originally posted by: StoutBroux
a reply to: neo96

The people supporting Bernie Sanders, mostly millennials and low income, can't seem to read past the word "FREE" and they're diving in head first. When they bang their heads on the bottom hitting sharp objects, they'll TRY and pop their peon socialist brains above the debt line but it will be in vain. They're stuck on the bottom with dead weight of debt and even if they never personally benefit from the programs. In fact, if Bernie wins, the people who earn a little bit extra or more will be the supporters of all the free programs.

None of the programs are free they are all paid for by tax dollars. It would appear the Bernie supporters understand more than you do.

originally posted by: buster2010

originally posted by: neo96
a reply to: buster2010

It appears what some people can't seem to grasp.

A millionaire, A billionaire pays MORE in taxes than everyone else.

Especially when half this country ISN'T paying ANYTHING what so ever.

What you can't seem to grasp is very simple. Of course millionaires and billionaires pay more because they make more than the average middle class worker don't they? You do understand that don't you? The millionaires and billionaires do not pay the same percent in taxes as a middle class worker and in a nation where everyone is supposed to be equal that is not right.

So what percentage is fair?

a reply to: buster2010

Really 'rich people aren't paying their fair share' !!!!

Let's see.

There’s the 20% top gain rate, plus the 3.8% Affordable Care Act tax for those with adjusted gross incomes of $200,000 ($250,000 married filing jointly)

www.forbes.com...

Beginning in 2013, certain investment income will be subject to an additional 3.8% surtax, enacted as part of the Health Care and Education Reconciliation Act of 2010

www.ustrust.com...

Incomes over $ 415K 39.6%

39.6% $415,050+

taxfoundation.org...

The Alternative minimum tax

ndividuals who claim certain tax benefits may owe AMT. The easiest way to calculate your AMT is to use tax software, which will automatically figure your tax, including any AMT.

www.irs.gov...

Which basically states tax breaks don't mean nothing. The State gets to take MORE even though them rich folks already fell in a specific tax bracket.

So now that's up to over 50% of their incomes.

But hey everyone the rich 'aren't' paying their fair share.

originally posted by: neo96
Here is another FACT Sanders, and his supporters clearly IGNORE.

IRS data: The top 1% pay 37% of all taxes, the bottom half pay 2%, a blubbering David Letterman can’t believe the facts

Kind of meaningless without relativity. The top 1% may pay 37% of all taxes, but they also own about the same percentage of Net Worth. Also, thanks in large part to changes in the tax code over time, as well as a beneficial environment for large corporations who slash American jobs in favor of cheap overseas labor, the wealth gap has increased dramatically.

It is MUCH easier to get wealthy in America as part of a large, American job-destroying corporation than as an employee or small business owner. Even going back to a pre-Reagan tax code would bring us back to a much healthier economy.

Unfortunately, the small-business and American job haters don't want this - it would result in many more US Citizens being able to accumulate wealth, rather than a select few taking a MASSIVE percentage of the nation's wealth, due to laws and rules favorable to doing so.

a reply to: dogstar23

The top 1% may pay 37% of all taxes, but they also own about the same percentage of Net Worth.

Here is another 'meaningless' statistic.

HouseHold assets that's every American House Hold in the country is valued at over $83 trillion dollars.

Compared to Corporate Assets that is valued at $22 Trillion.

www.usdebtclock.org...

But hey them evil corporations are 'hording' all the wealth!!!!

I really want to thank Sanders supporter for teaching me ALL my problems are because of some rich guy, and corporations.

And they didn't earn their money so there's no need to respect the constitution, and property rights.

And it is perfectly acceptable by todays standards to take money their property away from a bunch of people. That didn't earn it.

By an organization that didn't earn their money to give to a bunch of people that didn't earn their money. The state is just going to give it to them.

I have seen the light people.

You converted me people!

Vote Sanders 2016

He's the man!

originally posted by: amicktd
I see it as 4 choices.

1. Vote Republican and start WW3
2. Vote Trump and risk it like an all in bet at the poker table and possibly start WW3. Maybe end some corruption.
3. Vote Hillary and continue the "status quo".
4. Vote for Bernie and maybe crack down on some of the ridiculous amount of corruption in politics.

I'll go with 4, thanks for the info though.

Those are known as "false choices", I can make my own:

1 ) Vote Republican and every planet will be incinerated by the Death Star

2) Vote for Hillary and The Antichrist will rule.

3) Vote for Gandalf and nobody shall pass

4) Vote for Dumbledore Sanders and free pies and magical Frogs as pets. No more Dragons either.

Sanders is the CLEAR choice

a reply to: neo96



The last scene of "Frankie" looks like Bernie !!!

Quit Complaining -- $100K-Plus Earners Pay 72% of Federal Income Taxes

originally posted by: xuenchen
With all the shouting about raising taxes on the rich you would think the complainers would see what's really going on !!!

It seems oddly enough that individuals making north of $100K are taking the brutal end of the tax-attack.

To the tune of 72% of all the collected Federal income taxes !!!!

Many see this as totally outrageous and I know some might be calling for tax reforms to equalize this immoral imbalance !!

I don't know the solution.

But I know some will say it's high time the under $20K earners start paying their fair share too.

Taxpayers earning $100,000 or more a year pay 71.6% of the nation’s share in individual federal income taxes, according to the latest data from the Internal Revenue Service (IRS) from 2011.

These data do not include corporate income taxes, or taxes on capital gains or dividends, or payroll taxes for Social Security and other programs.

$100K-Plus Earners Pay 72% of Federal Income Taxes

O-U-T rageous

Socialist socialism social, take my money, taxes, hate rich people, taxes me my mine me me me.

It doesn't really matter what social sanders wants to do. The dems are not likely to choose him and even if he gets elected, he will never be able to pass any of his bills.

Make corporations pay what the law says, provide education and then maybe we won't be the number one country of incarcerated citizens who we pay for with our taxes. And one could imagine with more educated population comes better jobs and business. We were one of the first countries to offer free education, now that more is required is it really so wild to make it obtainable for all?

Health care. Something that will always be a hot topic as long as huge corporations make BS food and our country is the fattest too, maybe hold people accountable for their health choices, tax breaks for those who try.

a reply to: BatheInTheFountain

Do you even pay attention to the party you vow allegiance to? The Republican candidates thought it was ridiculous that Trump said the Iraq war was a terrible decision.

So yes, it's believable that the next Republican president will be very willing to start another war. The way the economies are tied together, our brute force tactics for corporations overseas, and the republicans not seeing anything morally wrong with the Iraq war is scary. But, I guess that would require thoughts and not knee-jerk childish attacks on other posters for sharing their opinion.

You do know Bernie has to go through congress right? If not, well now you do...how about that for condescending remarks.

I know a lot of what Bernie is saying won't even pass congress, I'm just hoping he can stop that revolving door in Washington.

No one is changing their mind on these issues on ATS. People are voting with their heart not their head in most cases. Regardless, everyone is going to counter every point you make either with "I don't care I like him better" or their own facts that to them illuminate their points.

These threads are becoming rabble-rousing to the max.

Let people vote in whomever they want and reap what they sow. Reality will be the true testimony.

a reply to: ExNihiloRed

The problem is we are not reaping what we sowed. We are reaping what the baby boomers sowed, in allowing big money to hijack our political system and government, and letting robber barons roll back all the progress the labor movement accomplished, and allowing big money to deregulate itself through bribery and corruption.

How is it caviar dreams and fairy tales when every single other western industrialized nation has it other than us? Nice way to paint Europe, Canada, Australia, as living the dream. Apparently it's no longer the American dream people want, it's the Netherlands dream. Who would have thought the descendants of the Vikings would be the world's model for a humane society? God I love irony.