Bernie Sanders: I Don't Think Billionaires Should Exist

[diamenz]

my sweet summer child.

took 4 or 5 years, but he finally started to tell the truth.

not the whole truth so help him gawd emperor.

but baby steps i suppose.

this is from 2016, but i don't think anything has changed.

[SomeBlackDude]

this is from 2016, but i don't think anything has changed.

again, i beg of you- do the math.

a 70% top tax rate would cover 7% of the yearly cost of bern's medicare for all plan.

homework assignment for you, playboy.

"I think we should look to countries like Denmark, like Sweden and Norway," Sanders said, "and learn what they have accomplished for their working people." -feb 2016

“I think that countries like Denmark and Sweden do very well. I think it depends on what we mean by socialism. If we mean socialism is what the old Soviet Union was, that’s not my thing,” the Vermont senator said in Burlington. -april 2019

can you tell a ninja what the average 'murrican pays in taxes (% wise) and what the top tax rate is vs the same for denmark and sweden?

thanks.

[Rocket]

Didn't Bernie used to be against millionaires before he became one?

[bladefd]

by big bad bern's own estimate, 'free' healthcare alone would carry a price tag of up to $40 trillion per decade

do the math.



hey bros, guess who's gonna pay for it.



the military defense budget for fy2020 is set to be $989 billion.

bern's medicare for all plan, again by his own estimate, costs $4 trillion per year.

again, i beg of you.

do the math.

We currently are on pace to spend just about that amount over the next 10yrs once you account for private insurances premium hikes and cost hikes in medicare+medicaid with an aging population..

Yes, we would pay 40 trillion over the next 10yrs for Bernie's medicare-for-all but that is total cost for all things healthcare encompassed in there. To figure out how much extra it is, you must subtract the premiums/co-pay/co-insurance that we are expected to pay next 10yrs from the $40trillion to figure out how much extra money is needed.

Some number crunching:
We currently spend $3.5 trillion each year on healthcare total, and it is expected to increase as costs rise and our population ages. Lets say we do 5yrs at $3.5 trillion and 5 years of $4 trillion. That's $37.5 trillion over next 10yrs. Bernie's plan costs $40 trillion over next 10 years with everything included in there. $2.5 trillion extra over 10yrs is not hard to make up with say a speculation tax of 0.5%.

Couple estimates have it at $32 trillion over next 10yrs so Bernie plan could potentially save money in long-term..

[diamenz]

again, i beg of you- do the math.

a 70% top tax rate would cover 7% of the yearly cost of bern's medicare for all plan.

homework assignment for you, playboy.





can you tell a ninja what the average 'murrican pays in taxes (% wise) and what the top tax rate is vs the same for denmark and sweden?

thanks.

i can't do the math - there's too much of it involved and my brain would explode. i was told that earnings under 250k would not be subject to a tax hike. the bernie calculator (https://www.bernietax.com/#0;0;s) tells me i'd be up 1k a year. that's good enough for me to give him a shot.

[SomeBlackDude]

Didn't Bernie used to be against millionaires before he became one?

billion-aires

[Kblaze8855]

I’d like some practical answers on the wealth tax.....

Wouldn’t it require some pretty wide expansions of the irs to catalog the wealth of these people? And in the case of non liquid or electronic assets....physical searches and appraisal?

Let’s say someone owns valuable art or is it least strongly suspected of having several valuable pieces. When they lock the door and don’t admit the IRS appraisers what’s the next step? Is it constitutional to enter a man’s home by force to evaluate his holdings? Would that satisfy the 4th amendment? Can you seize insurance documents?

Would it work like attempts to apply the estate tax only....with an active ongoing record of someone’s living estate? What if I don’t agree on the value they place on my art? Is a classic Car worth what you paid or what you think someone would pay now? Am I paying the cap gains on my unrealized profits? What if my wealth is land and I don’t have the cash to pay the tax? That’s the situation big time farming families would be in. Farmland generates shit profit but is worth millions. Can the government liquidate my assets to take tax money? I suppose targeting only billionaires would eliminate the problem of farmers.

How many people do you have to hire to do all this work?

You would have to find ways to charge someone’s entire family holdings or they would just spread them out to family to go under the threshold. So does that mean the government picks a guy in the family who owes for the entire families wealth? Does everyone go to jail if he doesn’t pay or just him?

Who determines the value of a private company? I go back to the 4th amendment....

Can the government take your physical records on speculation you may commit a crime of having more wealth than allowed? How do you show probable cause?

I’m not saying it can’t be done....I’m saying....a conservative Supreme Court is gonna kick your ass.

[MaxFly]

Thank you for that

Hawker and I have always disagreed about the vast majority of domestic politics and policy (we mostly agree on foreign policy), and we have been relentlessly talking shit to eachother since I joined this site a decade ago... yet in this thread we instantly set aside our differences thanks to our shared desire to mock your jabroni ass.

Maybe establishment democrats really are good for political unity... after all, who else could bring together a member of the far left with a member of the far right as effectively as you did in this thread?

Lol, I don't think you realize the joke you are. Keep at it Bernie Bro. I'm always game for a good laugh.

[MaxFly]

[QUOTE=RRR3]I

[Norcaliblunt]

This don dada bitch has gone full on Nick Young troll style.

[Charlie Sheen]

Why did Bernie have to run as a Democrat this time around? I get it in 2016 because he had to play the 2 party game for exposure and money. Does anyone doubt he could poll above 15% to be invited to the debates in 2020?

[Kblaze8855]

I’m sure Bernie knows that if he ran as an independent it would absolutely 100% guarantee a Republican victory. I don’t think he wants to be known as the guy who personally handed over an election. Even if some of his followers are willing to vote for Trump out of spite. He’s not gonna go out there and personally guarantee he gets reelected. He’s been far too anti-trump to play spoiler And make it an absolute lock Trump wins. It would be Nader times 50.

Trump wouldn’t even have to campaign to run away with it. He would probably talk about nothing but himself and Bernie hoping he got profile enough to completely split Democratic voters and win in a landslide.

It honestly wouldn’t even be worth counting the votes.

[Charlie Sheen]

That's always been the argument against Ralph Nader but didn't exit polls show that Perot was taking votes from both sides pretty evenly?

[Kblaze8855]

Bernie has too many young people in his pocket. He

[MaxFly]

Bullshit

https://www.vox.com/2019/2/4/1821037...ealth-tax-poll

According to Morning Consult, Elizabeth Warrens wealth tax proposal is very popular. Not only do 74% of Democrats support a wealth tax (with only 11% in opposition), but a whopping 50% of republicans support a wealth tax. Overall, 61% of all voters support a wealth tax while 20% oppose and 20% have no opinion.

You're making my point. Again... messaging. Even a majority of millionaires support a wealth tax, but conduct a poll about Sanders' plan quoting Sanders himself about the goal of the plan being to eliminate the wealth of billionaires and the fact that he thinks they shouldn't exist, and let's see how well that idea and his plan polls. Sanders' plan is also more extreme than Warren's and Warren is more disciplined in how she addresses the topic.

More than half of american households are living paycheck to paycheck and unable to afford a $1000 emergency. A lot of these people are angry that the wealthy are doing better than ever while enormous numbers of americans are suffering... a lot of these people think the wealthy deserve to have some of their wealth eliminated.

All of this is true, but if your messaging is off, you are going to push away even those who would support you.