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So where is the cutoff for wealth? If you think making a $100k is wealthy you're sorely mistaken.
I agree. It depends on region. 100k in a place like Manhattan is not wealthy at all compared to Kansas.
I think we can come to a reasonable understanding based on cost of living and family size.
The way I look at it is this, if you can save 50% or more of your salary each month, you're rich. If not, then probably not. As a single male there was a time when I was saving approximately 50% of my salary each month. That personally made me feel rich.
I'd much rather give to a charity of my choice vs taking my money and blowing it on iPhones for illegals
Millennials have a higher opinion of socialism than of capitalism
This should scare the living daylights out of everyone. The majority of an entire generation is blatantly disregarding the truth - socialism is and has been an utter catastrophe, from the USSR to Greece to Venezuela.
I agree. It depends on region. 100k in a place like Manhattan is not wealthy at all compared to Kansas.
I think we can come to a reasonable understanding based on cost of living and family size.
The way I look at it is this, if you can save 50% or more of your salary each month, you're rich. If not, then probably not. As a single male there was a time when I was saving approximately 50% of my salary each month. That personally made me feel rich.
I graduated with a degree in political science in college taking many classes on political philosophy. Then I went to law school. Since then, I've worked in Washington DC both in government and the private sector.
These are issues near and dear to me. I'm not one of those young voters who are just hopping onto leftist causes cause they are hip. I've studied these issues regarding government, politics, and fairness my entire life.
It's the reason I'm confident in my positions and passinationate.
By why were you able to make that money in the first place?
You enjoyed the privilege of living in a nation with a strong economy and middle class that allowed you to gain wealth. I personally don't think it's stealing if the same nation that provides you with safety and security to engage in business asks you to give back some of that money to improve the social welfare of the society as a whole.
I've always said rich people are the ones who benefit from a strong social welfare system. With a strong social welfare system, there is less crime. Less social unrest. More prosperity. More oppourtunity to make more money.
A robust social welfare state is the best friend of the rich not an enemy.
I didn't know there was a government policy giving money to illegals to buy iPhones?
If so, I disagree. I only advocate for redistribtion of wealth for basic needs such as universal healthcare and education.
While from Sweden, Denmark, Finland, and the rest of the Scandinavia, socialism has been more successful than capitalism in America.
The Scandinavian countries have higher levels of happiness than everyone in the world. They have the lowest levels of crime.
I'll take less money in my pocket because of higher taxes if I'm more happy. And everyone else in my country is happy.
While from Sweden, Denmark, Finland, and the rest of the Scandinavia, socialism has been more successful than capitalism in America.
The Scandinavian countries have higher levels of happiness than everyone in the world. They have the lowest levels of crime.
I'll take less money in my pocket because of higher taxes if I'm more happy. And everyone else in my country is happy.
No.
Sanders is about balancing the playing field which is right now rigged against the average American in favor of the super rich.
It's not stealing someone's money to require they pay higher taxes if they make more money. That is called a progressive tax system. And when we redistribute wealth we aren't giving people who haven't worked "stuff." We're simply providing them with basic rights such as healthcare and education. You look at that as handouts. We progressives look at it as providing our citizens with basic rights.
No one is suggesting we give people who don't work a salary to buy gifts. We simply believe there are basic rights every man woman and child has a right to.
Sure. But it gives back to the country and potentially makes it better.
Why not give back to the nation that affords you the opportunity to make this wealth in the first place?
Racist.When a family of 5 qualities for almost 70k a year in benefits and contributes nothing and I have a stroke a check on April 15th in top what I paid all year... Hell no.. Free... Free.. Free.. Go out and pay for it yourself.. In fact give the rest of your check to your favorite leftist cause. just don't ask me for anymore those are pay a lot of taxes are so tired of supporting our own families as well as 3 or 4 others as well .. And then called racist by those with their hands out.
While from Sweden, Denmark, Finland, and the rest of the Scandinavia, socialism has been more successful than capitalism in America.
The Scandinavian countries have higher levels of happiness than everyone in the world. They have the lowest levels of crime.
I'll take less money in my pocket because of higher taxes if I'm more happy. And everyone else in my country is happy.
That's actually a very compelling issue you bring up about employers and a sort of double taxation that could happen to folks like you. It would be a great question to ask Bernie Sanders.
On the extra tax for the wealthy. I think it depends on if you're a single guy making 100k or a family. Obviously a single guy can afford a 5-10% increase in taxes when making over 100k. I made that much a few years ago when I worked in the private sector and as a single male, I could afford more taxes.
This idea that paying 52% under Sanders at the top marginal rate rather than 39% is some overwhelming burden is false. It's easily affordable for people who make that much.
Those countries aren't really socialist - they have relatively free markets to help back their extensive welfare systems. Norway's is successful in large part due to their vast oil reserves, which is not a luxury most countries have. Take it from the prime minister of Denmark:
Danish PM in US: Denmark is not socialist - The Local
Sanders, meanwhile, wants to inhibit the free market even more via higher corporate tax rates, financial transaction taxes, and increased taxes across the spectrum. Anyone who thinks that companies will want to stay in the US after that is crazy. He's doing the exact opposite of what Scandinavian countries do to promote growth, or in some cases (FTT) he's doing what has already been attempted to little success.
Their populations are also relatively homogeneous and are a fraction of the size of America's. You have to be one hell of an idealist to get everyone to buy in to such a system AND have it succeed here. I suspect he won't even get past the former. Americans don't like increased tax burden.
Generalize much? Socialism has been much more successful than capitalism in America? Based on what? What on God's green earth has any of those socialist countries invented or contributed in innovation? You think a certain form of government is going to make you "happy"? It's not the government's job to make sure you feel happy. That's got to be the dumbest thing I've heard all day.
While from Sweden, Denmark, Finland, and the rest of the Scandinavia, socialism has been more successful than capitalism in America.
The Scandinavian countries have higher levels of happiness than everyone in the world. They have the lowest levels of crime.
I'll take less money in my pocket because of higher taxes if I'm more happy. And everyone else in my country is happy.
