aNaughtyCuban wrote

Xerath wrote

aNaughtyCuban wrote

Xerath wrote

aNaughtyCuban wrote For all you people saying you don't want a socialist running the country: do you understand what socialism is, what a democratic socialist is, and the type of socialism principles Sanders wants in the United States? This is a completely non-cynical question. Just curious.

I see no justification as to why we can't have universal healthcare, free tuition for public universities, or prevent the richest from becoming richer. And to those who will reply to me asking how to pay for it, look at Sander's plans before you reply.

As for my opinion on Trump: I like that he speaks his mind, he is authentic, non-establishment, and is different from the traditional politician in that he is a businessman. But I think he'd be a foreign policy nightmare, he is hateful, and he is arrogant. I don't think much progress would be made because most republican politicians hate him, and he isn't democrat. I do not support him.

We don't need a socialist government because it will just put us even more in debt.

He doesn't want to make us a socialist government. We won't go into more debt. Educate yourself on what Sander's is calling for and how he would do it.

Among Sanders's most significant proposals are implementing a single-payer health care system, breaking up big banks, raising the minimum wage to $15, and ending free trade agreements NAFTA, CAFTA, permanent normal trade relations (PNTR) with China and the recently-signed Trans-Pacific Partnership.

Thus far, most of the senator's ideas -- economic and otherwise -- have been focused on spending, without a clear picture on how he would pay for his proposals. However, one can infer that paying for his programs would require one of two things (or a combination of both): an increase in the deficit, and higher taxes.

On free college tuition:

The cost of this $75 billion a year plan is fully paid for by imposing a tax of a fraction of a percent on Wall Street speculators who nearly destroyed the economy seven years ago. More than 1,000 economists have endorsed a tax on Wall Street speculation and today some 40 countries throughout the world have imposed a similar tax including Britain, Germany, France, Switzerland, and China. If the taxpayers of this country could bailout Wall Street in 2008, we can make public colleges and universities tuition free and debt free throughout the country.

On healthcare:

HOW MUCH WILL IT COST?

This plan has been estimated to cost $1.38 trillion per year.

THE PLAN WOULD BE FULLY PAID FOR BY:

[*]A 6.2 percent income-based health care premium paid by employers.
Revenue raised: $630 billion per year.

[*]A 2.2 percent income-based premium paid by households.
Revenue raised: $210 billion per year.This year, a family of four taking the standard deduction can have income up to $28,800 and not pay this tax under this plan.

[*]A family of four making $50,000 a year taking the standard deduction would only pay $466 this year.

Progressive income tax rates.

Revenue raised: $110 billion a year.Under this plan the marginal income tax rate would be:

[*]37 percent on income between $250,000 and $500,000.
[*]43 percent on income between $500,000 and $2 million.
[*]48 percent on income between $2 million and $10 million. (In 2013, only 113,000 households, the top 0.08 percent of taxpayers, had income between $2 million and $10 million.)
[*]52 percent on income above $10 million. (In 2013, only 13,000 households, just 0.01 percent of taxpayers, had income exceeding $10 million.)

Savings from health tax expenditures.

Revenue raised: $310 billion per year. Several tax breaks that subsidize health care (health-related tax expenditures) would become obsolete and disappear under a single-payer health care system, saving $310 billion per year.

Most importantly, health care provided by employers is compensation that is not subject to payroll taxes or income taxes under current law. This is a significant tax break that would effectively disappear under this plan because all Americans would receive health care through the new single-payer program instead of employer-based health care.

There are more for this one, but I added the most significant ones. Note that under this plan any expense a household would pay is after they have saved money from the previous system.

As for breaking up the banks, read [ Register or Signin to view external links. ] . I'd like to point out that the US taxpayer payed $700 billion to bail them out because they were too big to fail. I also encourage you and others to read more about the other issues.

Xerath wrote

Click to View Content

aNaughtyCuban wrote

Xerath wrote

aNaughtyCuban wrote

Xerath wrote

aNaughtyCuban wrote For all you people saying you don't want a socialist running the country: do you understand what socialism is, what a democratic socialist is, and the type of socialism principles Sanders wants in the United States? This is a completely non-cynical question. Just curious.

I see no justification as to why we can't have universal healthcare, free tuition for public universities, or prevent the richest from becoming richer. And to those who will reply to me asking how to pay for it, look at Sander's plans before you reply.

As for my opinion on Trump: I like that he speaks his mind, he is authentic, non-establishment, and is different from the traditional politician in that he is a businessman. But I think he'd be a foreign policy nightmare, he is hateful, and he is arrogant. I don't think much progress would be made because most republican politicians hate him, and he isn't democrat. I do not support him.

We don't need a socialist government because it will just put us even more in debt.

He doesn't want to make us a socialist government. We won't go into more debt. Educate yourself on what Sander's is calling for and how he would do it.

Among Sanders's most significant proposals are implementing a single-payer health care system, breaking up big banks, raising the minimum wage to $15, and ending free trade agreements NAFTA, CAFTA, permanent normal trade relations (PNTR) with China and the recently-signed Trans-Pacific Partnership.

Thus far, most of the senator's ideas -- economic and otherwise -- have been focused on spending, without a clear picture on how he would pay for his proposals. However, one can infer that paying for his programs would require one of two things (or a combination of both): an increase in the deficit, and higher taxes.

On free college tuition:

The cost of this $75 billion a year plan is fully paid for by imposing a tax of a fraction of a percent on Wall Street speculators who nearly destroyed the economy seven years ago. More than 1,000 economists have endorsed a tax on Wall Street speculation and today some 40 countries throughout the world have imposed a similar tax including Britain, Germany, France, Switzerland, and China. If the taxpayers of this country could bailout Wall Street in 2008, we can make public colleges and universities tuition free and debt free throughout the country.

On healthcare:

HOW MUCH WILL IT COST?

This plan has been estimated to cost $1.38 trillion per year.

THE PLAN WOULD BE FULLY PAID FOR BY:

[*]A 6.2 percent income-based health care premium paid by employers.
Revenue raised: $630 billion per year.

[*]A 2.2 percent income-based premium paid by households.
Revenue raised: $210 billion per year.This year, a family of four taking the standard deduction can have income up to $28,800 and not pay this tax under this plan.

[*]A family of four making $50,000 a year taking the standard deduction would only pay $466 this year.

Progressive income tax rates.

Revenue raised: $110 billion a year.Under this plan the marginal income tax rate would be:

[*]37 percent on income between $250,000 and $500,000.
[*]43 percent on income between $500,000 and $2 million.
[*]48 percent on income between $2 million and $10 million. (In 2013, only 113,000 households, the top 0.08 percent of taxpayers, had income between $2 million and $10 million.)
[*]52 percent on income above $10 million. (In 2013, only 13,000 households, just 0.01 percent of taxpayers, had income exceeding $10 million.)

Savings from health tax expenditures.

Revenue raised: $310 billion per year. Several tax breaks that subsidize health care (health-related tax expenditures) would become obsolete and disappear under a single-payer health care system, saving $310 billion per year.

Most importantly, health care provided by employers is compensation that is not subject to payroll taxes or income taxes under current law. This is a significant tax break that would effectively disappear under this plan because all Americans would receive health care through the new single-payer program instead of employer-based health care.

There are more for this one, but I added the most significant ones. Note that under this plan any expense a household would pay is after they have saved money from the previous system.

As for breaking up the banks, read [ Register or Signin to view external links. ] . I'd like to point out that the US taxpayer payed $700 billion to bail them out because they were too big to fail. I also encourage you and others to read more about the other issues.

What happens when all the rich leave the country because of ridiculously imposed taxes. Say goodbye to our economy. They pay out their ass as it is. $75 Billion / 365 Million = $205 Extra per year taken out of taxes... not to mention thats an estimate. They might take more because they can. Healthcare? Don't even get me started. They charge $15 for a .50 cent toothbrush.

You don't understand how it would destroy our economy. We will be giving more power to the government as well, which is ridiculously over-powered right now. We might as well become a communist country which our country fought so long and hard to prevent. (ie. Vietnam and WW2).