How Bernie pays for his proposals...

[phill4paul]

There is a facebook link being spread by progressives that links to Sanders page and how he intends to pay for his many proposals.

It's in column format so is a bit hard to re-post. Here is the link.

https://berniesanders.com/issues/how-bernie-pays-for-his-proposals/

I thought this might be a good sub-forum to ask the question...is this even possible, how do the numbers line up and how would the results look if these tax proposals were implemented?

Thoughts?

 

[Cleaner44]

Bernie doesn't pay shit for his proposals, he wants to take money from people that earn it, then run it through a bunch of middlemen and return a small portion to the people and call it a benefit.

 

[phill4paul]

Bernie doesn't pay shit for his proposals, he wants to take money from people that earn it, then run it through a bunch of middlemen and return a small portion to the people and call it a benefit.

I'm aware of that, but progressives think that is the bees-knees since it affects the rich. However, my thoughts are along the lines that these tax proposals will trickle down. For example that his proposal to end tax breaks for oil companies will result in higher in higher gas prices which will disproportionately affect the poor.

 

[The Gold Standard]

Do these proposals ever get paid for? The poor people will pay for it one way or another. But they are too stupid to understand that.

 

[phill4paul]

Do these proposals ever get paid for? The poor people will pay for it one way or another. But they are too stupid to understand that.

That's the point of this thread. How he intends to pay for his proposals.

Example:

College for All: Sen. Sanders has proposed making public colleges and universities tuition-free and substantially reducing student debt, in a plan that would cost about $75 billion a year.

Paid for by imposing a tax on Wall Street speculators that would generate about $300 billion in revenue.

Example:

Expand and Extend Social Security: Sen. Sanders has proposed expanding Social Security and extending the solvency of this program until 2065.

Paid for by lifting the cap on taxable income above $250,000 so that the wealthy pay the same percentage of their income into Social Security as working people.

 

[Ronin Truth]

Like ALL socialists, he doesn't?

 

[puppetmaster]

These proposals will affect the upper middle class further separating the rich from the poor like all socialist countries

 

[Warrior_of_Freedom]

I just like watching Hitlary Clintssolini squirm and fidget because things aren't going as planned for her, or are they?

 

[Spikender]

Reading his "proposals" is like reading the demands of a gang of kidnappers who have your wife and children.

AKA GIVE US YOUR MONEY

 

[Cleaner44]

I'm aware of that, but progressives think that is the bees-knees since it affects the rich. However, my thoughts are along the lines that these tax proposals will trickle down. For example that his proposal to end tax breaks for oil companies will result in higher in higher gas prices which will disproportionately affect the poor.

Bernie is all about trickle down economics. Send more money to Washington D.C. via taxes and then hope that some of the money trickles down from the politicians to the little people. Feel the Bern!

 

[VIDEODROME]

How does Socialist Europe pay for College? How does Canada pay for Healthcare?

Bernie looks at places like Scandinavia or Canada and seems to see a working model of government involved in things like College Education Medical Care. Do these systems actually work? Do people actually get a quality service in return for their taxes or do these programs function without basically running on debt?

 

[Madison320]

One problem is that we're somewhere near the top of the laffer curve. Which means that increasing tax rates will actually lower overall tax revenue.

 

[Zippyjuan]

How does Socialist Europe pay for College? How does Canada pay for Healthcare?

Bernie looks at places like Scandinavia or Canada and seems to see a working model of government involved in things like College Education Medical Care. Do these systems actually work? Do people actually get a quality service in return for their taxes or do these programs function without basically running on debt?

Canada's single payer system is considerably cheaper than the melange of systems we have.

 

[Cabal]

The same way the State pays for anything. Theft--taxation and leveraging debt upon the tax payers livestock.

 

[CaptUSA]

In short...

"We're going to take billions of dollars out of the economy bucket - but don't worry... We're not going to take it out of your side of the bucket."

 

[phill4paul]

I guess I'm not getting my question across correctly. I understand "Taxes are...theft." That doesn't matter to progressives. They believe "Taxes are...a societal necessity."

I was looking at how Bernie's plan would hurt the economy and in doing so affect the poor and middle-class or even if points in his plan are not even feasible. It's the only way I know to counter them.

 

[milgram]

Does his budget have any cuts at all? I was led to believe he hated the Pentagon.

 

[Indy Vidual]

How does Socialist Europe pay for College? How does Canada pay for Healthcare?

Bernie looks at places like Scandinavia or Canada and seems to see a working model of government involved in things like College Education Medical Care. Do these systems actually work? Do people actually get a quality service in return for their taxes or do these programs function without basically running on debt?

If you could take the spirit of Scandinavian countries and make participation voluntary then you would really have something because they almost make socialism look workable.

 

[phill4paul]

Does his budget have any cuts at all? I was led to believe he hated the Pentagon.

Nothing in his initiatives have any thing to do with budget cuts. It will be paid for, or so it's claimed, through higher taxation on "wealthy" individuals, their inheritance they would pass on, and corporate taxes.

Example:

Rebuild America Act: Sen. Sanders has proposed a $1 trillion plan to rebuild our crumbling infrastructure and put 13 million Americans to work.

Paid for by making corporations pay taxes on all of the “profits” they have shifted to the Cayman Islands and other offshore tax havens, which the Congressional Research Services estimates may currently create losses that approach $100 billion annually, and other loopholes.

In this situation what is to stop a corporation from dissolving their United States holding and setting up somewhere that is tax friendly. Why stay in America? How would that hurt America in general?

 

[TommyJeff]

Paid for by imposing a tax on Wall Street speculators that would generate about $300 billion in revenue.

I clicked the link you offered as i wanted to see how he came up with these numbers. Im still amazed by how people think behaviors won't change as circumstances (tax rates) change. Anyway, if you click on the portion saying $300 Billion in revenue, you'll see how they came up with that number. The first page basically says that they have no way to substantiate such numbers. Is this a standard line by such groups or is Sanders just misleading people with this study? Click on it and let me know
http://www.peri.umass.edu/fileadmin..._Revenue_Potential_w_references----6-9-12.pdf