Politics Under Sanders, income and jobs would soar, economist says

Discussion in 'Blazers OT Forum' started by dviss1, Feb 11, 2016.

  1. dviss1

    dviss1 Emcee Referee

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    Section 8.
    The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;

    To borrow money on the credit of the United States;

    To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;
     
  2. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    It's still not your money to spend.
     
  3. dviss1

    dviss1 Emcee Referee

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    So? Read and follow your constitution ol' Libertarian. :ghoti:
     
  4. dviss1

    dviss1 Emcee Referee

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    We have over 29 million people uninsured. This is a problem. Congress has the power to raise taxes to promote the general welfare of our society. Paying for single-payer healthcare will do just that.
     
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  5. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    If it were your money, you'd be paying for all this free shit you think everyone will be getting.
     
  6. jlprk

    jlprk The ESPN mod is insane.

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    Whose is it then? Current tax law gives the break to you, brokered by lobbyists for the rich. Bernie's tax law would give the break to me. Why does the accident of history, the arbitrary current subsidy to you, make it eternally your money?
     
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  7. riverman

    riverman Writing Team

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    People who have invested in IRAs, mutual funds, etc..aren't necessarily sitting around at home waiting on dividend checks dviss...bad stereotype that ignores the elderly, many whom have worked actual jobs for decades. I'm one of them and I work with one who is paralyzed so I guess at 83..he has no choice but to sit down and wait....he was a milkman all is life..so he's not exactly sippin' mai tai's at club med
     
  8. jlprk

    jlprk The ESPN mod is insane.

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    If not the capital gains rate...Do you have a better solution for the fact that the top 1% own 68% of America? What's the better idea?
     
  9. riverman

    riverman Writing Team

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    no....was that a condition? I do want a sales tax in Oregon though. That's where I'd fund health care. Spend money, you tip the system..we lose out big time in Oregon without one
     
  10. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Bernie's not giving you a tax break, he's planning to raise your taxes.

    There isn't enough money for what the government pays for now. Over the course of Obama's presidency, the government has spent $8 TRILLION more than it took in. $8T in 7 years, but let's call it 8 so the math is easy. $1T a year more than the government took in. It took in $2.1T in 2009 which grew to $3T in 2014. To raise $1T, just to break even on the garbage government spends on now, they'd have to raise EVERY tax there is by 1/3 ($2.1T -> $3T). That's before raising any money for Bernie's free shit.

    There isn't enough money already. Only a fool would double down on what's failing miserably.

    Whose money is it? My money is mine, yours is yours. Yours isn't mine and vice-versa.
     
  11. JFizzleRaider

    JFizzleRaider Sad Panda Global Moderator

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    Terrible idea. You give the state another vehicle to tax, and then they have income, property and sales to get you.

    States with income tax fare better than sakes tax states during recession
     
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  12. JFizzleRaider

    JFizzleRaider Sad Panda Global Moderator

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    I'm not even close to the 1% and Bernie based on his calculation wants to tax me 2k more per year
     
  13. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    The tax system is progressive. Your 68% figure is bullshit.

    http://www2.ucsc.edu/whorulesamerica/power/wealth.html

    In the United States, wealth is highly concentrated in a relatively few hands. As of 2010, the top 1% of households (the upper class) owned 35.4% of all privately held wealth

    http://www.cnbc.com/2015/04/13/top-1-pay-nearly-half-of-federal-income-taxes.html

    Top 1% pay nearly half of federal income taxes
     
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  14. jlprk

    jlprk The ESPN mod is insane.

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    Combined tax + health insurance will decrease for all but the top 2 or 3 percent of people.

    Blaming Democrats again. I have answered you on that many times.

    ----
    So you're willing to refund the 15 years of arbitrary tax breaks you received solely due to the 2001 legislation. Refund it!
     
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  15. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Wow. I can't respond to your post because it's entirely wrong.

    You may as well tell me the moon is made of cheese.
     
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  16. riverman

    riverman Writing Team

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    I don't want high property tax if a sales tax enters..different slant. Do I believe the State would lower it? No...so we're stuck in this one. Living in Taiwan we had national health insurance ...20 dollars a month per household and funded with a 6 percent sales tax ...every week the number on a sales rcpt was a lottery number...you'd win the 20 bucks back fairly often but shopping....not folks savings funded the system.
     
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  17. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    https://en.wikipedia.org/wiki/Social_Security_Trust_Fund

    The trust funds run surpluses in that the amount paid in by current workers is more than the amount paid out to current beneficiaries. These surpluses are given to theU.S. Treasury (and thus become part of the general federal budget) in exchange for special U.S. government securities, which are deposited into the trust funds. If the trust funds begin running deficits, meaning more in benefits are paid out than contributions paid in, the Social Security Administration is empowered to redeem the securities and use those funds to cover the deficit.

    (This is the only debt that was not paid off by Kasich).
     
  18. jlprk

    jlprk The ESPN mod is insane.

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    Looking it up, I see that the top 5%, not the top 1%, own 68% of America. Here's something else I just found.

    [​IMG]
     
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  19. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    You were wrong, as I said.

    http://www.statisticbrain.com/percent-of-americans-who-own-their-home/

    67.35% of americans own their own home, 29.75% free and clear.

    Clear indication that there's plenty of wealth to go around.

    http://usatoday30.usatoday.com/news/nation/2003-08-30-outnumbered-cars_x.htm

    For the first time, there are more vehicles than people to drive them in the average U.S. household.

    So says the Transportation Department, which reports that there are 107 million U.S. households, each with an average of 1.9 cars, trucks or sport utility vehicles and 1.8 drivers. That equals 204 million vehicles and 191 million drivers, said the Bureau of Transportation Statistics Friday.

    What's the matter, 1.9 cars per household not enough?

    It's clear people are getting their panties in a wad over bullshit.
     
  20. jlprk

    jlprk The ESPN mod is insane.

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    You never respond, because you can't. Then in the next thread, you state the same falsehood...that the size of the deficit is due to numbers occurring during the Obama administration. You never take blame for the rich getting the giant tax break in 2001, suddenly destroying Clinton's miracle, having the nation paying off the whole accumulated deficit.

    Then you say, the money is yours. As if by divine right, instead of from the arbitrary 2001 tax break you got.
     
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