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Edited by High Charity:
1/27/2016 7:15:27 AM
5
You're really bad at this "thinking" thing. Your post ignores
1) You're already paying taxes
2) The highest tax bracket under Sanders' economic plan is 52%. Not 75%. And you're only paying 52% if you're earning more than $10mil.
3) The [i]vast[/i] majority is paying the same in taxes as they have been (up to $250k the brackets are unchanged)
4) In the $400-500k range you're paying 3% less in taxes under Sanders' plan.
So either edit your OP or just stop posting. You're totally clueless with what you're talking about and making Republicans look bad.
English
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Nowhere in my post do I say I derive these numbers from Sanders' campaign site. The fact he's expanding on any of these taxes is ludicrous, they all need to be cut. This country needs to attract wealth and development not punish it. If you want to get into specifics, Bernie's corporate tax is the most harmful part of his plan, that will drive companies away and hurt jobs and growth. We need to attract corporations and encourage new corporate development and entrepreneurship. Bernie's plans are steadfastly anti-business
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No one should have half of their earnings taken away. I don't care how much they make.
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It's this type of idiotic short-sighted thinking that has bankrupted our country. The wealthy save substantially more of their income than the middle and lower classes do. When you give the wealthy tax breaks that money that increased deficit has to come from somewhere, and inevitably that is the middle class. So while the wealthy prosper from tax breaks in the short term, the middle class and consumer spending die off, resulting in an extremely weak economy. Trickle down economics is bad for everybody.
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That same bracket now is 48% if I remember right. An extra 4% is a drop in the bucket to them.
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If you want, I am sure you can voluntarily pay to the government an additional %4 of your income. I doubt they would say no. It is always easier to take other peoples money..
