Bernie Sanders Thread

#226
#226
Good thing this is no longer relevant.

I wonder if we have anyone running for president in 2016 that would not send our young men & women to die for profit.

Hmmm this Sanders guy, I just don't know about him. He hasn't voted for a single war. He must not be a real American.
 

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#229
#229
http://www.theguardian.com/business/2015/may/27/corporations-paid-us-senators-fast-track-tpp

Almost 100% of the Republicans in the US Senate voted for fast-track – the only two non-votes on TPA were a Republican from Louisiana and a Republican from Alaska.

Senator Rob Portman of Ohio, who is the former US trade representative, has been one of the loudest proponents of the TPP. He received $119,700 from 14 different corporations between January and March, most of which comes from donations from Goldman Sachs ($70,600), Pfizer ($15,700), and Procter & Gamble ($12,900)

Alexander (R-TN), Yea Corker (R-TN), Yea

Sanders (I-VT), Nay
 
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#231
#231
SANDERS: … If my memory is correct, when radical socialist Dwight D. Eisenhower was president, the highest marginal tax rate was something like 90 percent.

HARWOOD: When you think about 90 percent, you don’t think that’s obviously too high?

SANDERS: No. That’s not 90 percent of your income, you know? That’s the marginal. I’m sure you have some really right-wing nut types, but I’m not sure that every very wealthy person feels that it’s the worst thing in the world for them to pay more in taxes, to be honest with you. I think you’ve got a lot of millionaires saying, “You know what? I’ve made a whole lot of money. I don’t want to see kids go hungry in America. Yeah, I’ll pay my fair share.”

LOL
 
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#232
#232
Well, nobody said they disagreed with the premise that such a stark difference between wealth is bad for the econony, so I'm going to discuss means of addressing it.

I think more taxation is overly simplistic. I do think capital gains tax break should be eliminated. But not necessarily a higher marginal rate.

On top of that, we need major campaign finance reform. Need to overcome Citizens United. Need to cap donation to campaigns and to the so called interest groups. Also ban employment in industries regulated by committee membership for 10 years.
 
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#233
#233
theFallGuy said:
SANDERS: … If my memory is correct, when radical socialist Dwight D. Eisenhower was president, the highest marginal tax rate was something like 90 percent.

HARWOOD: When you think about 90 percent, you don’t think that’s obviously too high?

SANDERS: No. That’s not 90 percent of your income, you know? That’s the marginal. I’m sure you have some really right-wing nut types, but I’m not sure that every very wealthy person feels that it’s the worst thing in the world for them to pay more in taxes, to be honest with you. I think you’ve got a lot of millionaires saying, “You know what? I’ve made a whole lot of money. I don’t want to see kids go hungry in America. Yeah, I’ll pay my fair share.”

LOL
Click to expand...

Do you enjoy history related books?
 
#235
#235
90% tax bracket for every dollar over 400k per year is what he is proposing.. The scary thing is that people actually support this
 
#237
#237
lawgator1 said:
Well, nobody said they disagreed with the premise that such a stark difference between wealth is bad for the econony, so I'm going to discuss means of addressing it.

I think more taxation is overly simplistic. I do think capital gains tax break should be eliminated. But not necessarily a higher marginal rate.

On top of that, we need major campaign finance reform. Need to overcome Citizens United. Need to cap donation to campaigns and to the so called interest groups. Also ban employment in industries regulated by committee membership for 10 years.
Click to expand...

A good start, but you need to add a ban on public sector unions.

Also, as unpopular as it is with people I generally agree with, I think the income limit on social security needs to be increased. You can keep the limit on employer contribution. Make the cap 350k and anything over 250k is invested in the stock market.
 
#238
#238
theFallGuy said:
SANDERS: … If my memory is correct, when radical socialist Dwight D. Eisenhower was president, the highest marginal tax rate was something like 90 percent.

HARWOOD: When you think about 90 percent, you don’t think that’s obviously too high?

SANDERS: No. That’s not 90 percent of your income, you know? That’s the marginal. I’m sure you have some really right-wing nut types, but I’m not sure that every very wealthy person feels that it’s the worst thing in the world for them to pay more in taxes, to be honest with you. I think you’ve got a lot of millionaires saying, “You know what? I’ve made a whole lot of money. I don’t want to see kids go hungry in America. Yeah, I’ll pay my fair share.”

LOL
Click to expand...

The top tax rate was 92% in the mid late 1950's to mid 1960's.
 
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#247
#247
Kingston Vol said:
Sorry, Folks, We Don't Just Have 'A Spending Problem' - Business Insider
Click to expand...

What's funny is that you clicked that link and somehow thought that was the takeaway. Sure, I guess the writer pushed the tax/spending problem is shared. But the big takeaway if you step through the charts is the ridiculous explosion in social program spending. Which Bernie would not help, at all. You could tax rich people all you want, and it won't fix the social program spending and infrastructure spending gap. Past slide 13 is where they get to the heart of the issue. We are paying for Boomers medicare and SS, and the country's foundation is crumbling because of lack of spending on infrastructure and research. Bernie Sanders would just exacerbate this.

Edit: since you just posted a link, my comment should be directed at writer. He sucked at interpreting his own charts. Tax revenue is a very small part of the problem, based on his charts.
 
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#250
#250
McDad said:
Thank you for submitting a graph which confirms my assertion that tax revenues are relatively consistent even when take rates vary wildly. This should permanently convince everyone that rates ARE NOT linked to revenue.
Click to expand...

You will not convince someone who wants a larger piece of someone else's earnings....uphill battle.
 
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