2016 Postmortem
Related: About this forumThe taxes Sanders plans are in different league from any peacetime Democratic candidate in history
"The taxes Sanders is calling for are in a different league from any peacetime Democratic candidate in history.""... it is a fantasy-come-true for Republicans. For decades, theyve been falsely accusing Democrats of favoring huge tax increases. In this case, it would be the truth."
http://www.theatlantic.com/politics/archive/2016/02/sanderss-party-problem/460293/
The taxes Sanders is calling for are in a different league from any peacetime Democratic candidate in history. The single-payer health plan alone, according to the estimates of the Sanders campaign, requires raising as much revenue as the federal government collected in 2013 through the individual income and estate taxes. In other words, wed need to double that revenue. To do so, Sanders proposes the following: a 6.2 percent increase in payroll taxes; a 2.2 percent increase in income taxes on everyone; higher estate taxes; taxing capital gains and interest as ordinary income; limiting tax deductions for the rich; and higher income-tax rates on the upper brackets.
To be sure, Sanders says that Americans would save money because they wouldnt be paying private insurance premiums. But his plan has no limits on the scope of coverage and no patient cost-sharingit transfers all private health spending into the Treasury, without any clear means of cost restraint. Free can be expensive. The plan would create winners and losers: The losers will surely fight it, and many of those who might be winners wont trust the federal government enough to go along with it.
The taxes for Sanderss health plan, combined with other tax increases on wages hes proposed, would raise the top marginal federal rate to 77 percent, as Dylan Matthews shows at Vox. In addition to those taxes on earnings, Sanders is calling for an increase in the capital-gains tax, a new financial-transaction tax, and a new carbon tax.
The last of these, the carbon tax, is a good idea and a hard sell in itself. But the total package is not a platform that Democrats can run onits a platform theyre going to run from. And it is a fantasy-come-true for Republicans. For decades, theyve been falsely accusing Democrats of favoring huge tax increases. In this case, it would be the truth.
(more)
[font size="+1"] Seriously, anybody who can't see that Bernie Sanders running for President would be the most colossal disaster in history for Democrats and of course for the country, given the astonishing group of Moronic Assholes the GOP is unleashing this election year.[/font]
kristopher
(29,798 posts)Art_from_Ark
(27,247 posts)If the equivalent number of dollar bills that were spent on those two wars were stacked on top of each other, they'd reach more than a quarter of the way to the moon (100 million crisp dollar bills could make a stack 6.79 miles high)
Bill USA
(6,436 posts)IT's entirely about electability. IT's requires just a De Minimis of understanding that we have a Republican Party which is comprised of masters of propaganda and manipulation. They would love to run against a candidate who plans to raise taxes as much as Bernie does. Doesn't matter how good his objectives are or how do-able (although there is considerable debate about that).
I just don't want to see the GOP win this election.
kristopher
(29,798 posts)kristopher
(29,798 posts)... than most of the rest of the world combined?
Bill USA
(6,436 posts)kristopher
(29,798 posts)Last I heard it was about $21 trillion in 2013.
Bill USA
(6,436 posts)We need to correct this inequity. But it's a matter how much and how fast changes are made, and again....
..... electability. IT's requires just a De Minimis of understanding that we have a Republican Party which is comprised of masters of propaganda and manipulation. They would love to run against a candidate who plans to raise taxes as much as Bernie does. Doesn't matter how good his objectives are or how do-able (although there is considerable debate about that).
I just don't want to see the GOP win this election. That would set our country back decades (up to three Supreme Court Justices could be appointed by the next president).
kristopher
(29,798 posts)Bill USA
(6,436 posts)kristopher
(29,798 posts)Response to kristopher (Reply #15)
Post removed
scscholar
(2,902 posts)Well?
Cheese Sandwich
(9,086 posts)RiverLover
(7,830 posts)Would they still be able to make a profit? Yes.
LWolf
(46,179 posts)What about them?
You managed to make your font large and bold, but you didn't finish your statement.
Not that it really matters.
Polls consistently show Sanders beating every Republican by wider margins than Clinton.
Sanders actually gets crossover support, which Clinton does not.
Sanders is energizing Democrats and bringing people into the party. That's good for Democrats.
The 99% will thrive under a Sanders-style economy.
http://www.democraticunderground.com/12511174377
Armstead
(47,803 posts)Taxes! Get The Pitchforks. The Liberals will Raise Your Taxes!
Kall
(615 posts)in_cog_ni_to
(41,600 posts)PER YEAR! PLEASE RAISE MY EFFING TAXES $466!!
I beg Bernie to raise my taxes!
People aren't stupid! They KNOW that tax hike is in lieu of Health Insurance Premiums!
PEACE
LOVE
BERNIE
kath
(10,565 posts)Serious car accident, we'd have to pay something like $10,000 deductible before the insirance paid a dime.
in_cog_ni_to
(41,600 posts)Premiums are so freakin' high and you'd be out-of-pocket for the most basic healthcare needs because the damn deductibles are so high. It's crazy that we allow this to go on!
Can you imagine paying $466 A YEAR!!! and being able to go to the doctor when you need to, no co-pay, no office visit cost? You just go to the doctor because you need to! You're in the hospital for 2 weeks and you get no bill? Seriously? And people don't want this? You're crazy not to!
PEACE
LOVE
BERNIE
frylock
(34,825 posts)beam me up scottie
(57,349 posts)We already went over this the first five times it was posted.
https://en.m.wikipedia.org/wiki/Paul_Starr