He's not a socialist.
The estate tax would only be for the richest people. Only a few thousand would be affected.
He doesn't want to kill Wall Street. He wants to get rid of the loopholes and break up the big banks that are controlling the country. His plan would actually make the stock market safer and more stable.
What?
His tax plan:
Where are you getting your information from?
The spike from 39% to 52%. WELP.
There goes the American dream of being rich.
I'm considering moving to UK, so when I become a multibillionaire, I won't have to pay 52% of my hard earned money back to Uncle Sam.
If he is not a socialist, then why does he keep pushing social democracy on the American people.
The spike from 39% to 52%. WELP.
There goes the American dream of being rich.
I'm considering moving to UK, so when I become a multibillionaire, I won't have to pay 52% of my hard earned money back to Uncle Sam.
If he is not a socialist, then why does he keep pushing social democracy on the American people.
The spike from 39% to 52%. WELP.
There goes the American dream of being rich. I'm considering moving to UK, so when I become a multibillionaire, I won't have to pay 52% of my hard earned money back to Uncle Sam.
If he is not a socialist, then why does he keep pushing social democracy on the American people.
But yesterday you lived in Canada. Why would you pay taxes in the US?
Social democracy and democratic socialism is not even the same thing. BTW, there's already socialist aspects of America: the military, social security, highways, police, firemen, the post office, public schools, and MORE. Just stop.
But yesterday you lived in Canada. Why would you pay taxes in the US?
Social democracy and democratic socialism is not even the same thing. BTW, there's already socialist aspects of America: the military, social security, highways, police, firemen, the post office, public schools, and MORE. Just stop.
I'm talking about income taxes. Why are you all Bernie stans so riled up when someone criticizes Bernie's plans?
As a Trump supporter, even I despise him for his stance on social rights.
I live in Canada, but since the dollar is tanking and as an IT graduate.. I've been considering moving to California and start a tech company with a group of my friends. US is where the IT opportunities are, and if you want to become millionaires in three years. But there goes my plan, if Bernie steps into office.
You can't simply become rich in Canada anymore especially with this useless Prime Minister who increased income tax for those making $200,000+
I hope Hillary can hang on in time before her poll numbers continue to decline.
Hillary is up in Minnesota, Oklahoma, Alabama, Arkansas, California, Louisiana, New York, Ohio, Pennsylvania, Tennessee, Utah, and Virginia relative to some previous polls. Looks like she'll be fine!
I thought he proposed a 2% tax increase all around to cover single-payer. Or am I thinking of something else?
I do know that his middle class tax proposals in that graphic are not accurate because he intends to raise taxes to pay for paid family leave. I don't think his tax raising for single-payer health care would draw much from most income taxes.
I'm talking about income taxes. Why are you all Bernie stans so riled up when someone criticizes Bernie's plans?
As a Trump supporter, even I despise him for his stance on social rights.
I live in Canada, but since the dollar is tanking and as an IT graduate.. I've been considering moving to California and start a tech company with a group of my friends. US is where the IT opportunities are, and if you want to become millionaires in three years. But there goes my plan, if Bernie steps into office.
You can't simply become rich in Canada anymore especially with this useless Prime Minister who increased income tax for those making $200,000+
No one's riled up. What you said made no sense.
The American dream of working hard and becoming successful is basically impossible right now. Wealth inequality continues to grow. If you really think becoming a millionaire is easy as opening a tech company...
And anyone making $10 million dollars and having to pay 52% in taxes is STILL going to be rich
Hillary is up in Minnesota, Oklahoma, Alabama, Arkansas, California, Louisiana, New York, Ohio, Pennsylvania, Tennessee, Utah, and Virginia relative to some previous polls. Looks like she'll be fine!
She's up in California? Haven't seen that polled in a while. Minnesota also is a tad outdated. But it's a caucus which is hard to poll given the nature of a caucus anyway
----
Anyways this goes to anyone who wants to play a game. Guess the winner (and scoreline) of South Carolina's GOP Primary and Nevada's Democratic Caucus .
So first of all, definitely not immediately comparable.
Second, the Clinton proposal of $12 deviates from a comparable percentage raise (to $13.60) almost exactly as much as $15 does, so it definitely doesn't lean in either candidate's favor to any significant amount. All Democrats in the race have supported raising the minimum wage significantly.
There needs to be solid research on the effect of very high wage increases on employment, on prices, and on various other economic factors before we can support that much of a raise, and right now that evidence (as far as articles I've read have stated) doesn't exist.
2 of the 3 companies my family and I own would not be impacted by a 12, 13.60 or a 15 dollar minimum wage since we only employ engineers / software engineers but the 3rd would be crippled.
The problem being low overhead and a budget that isn't fixed. We would have to pass the cost on to the customer, and I don't know if they would accept it. I have not done any predictive models to figure out the costs with the new wage added so I can apply that to how many contracts we can afford to lose and break even. For example, we could lose 20% of our business but make it up with the higher prices and that would force us to cut jobs. We are in the middle of building a new warehouse and office center that should allow for 15+ years of growth without having to open a new one.
The American dream of working hard and becoming successful is basically impossible right now. Wealth inequality continues to grow. If you really think becoming a millionaire is easy as opening a tech company...
And anyone making $10 million dollars and having to pay 52% in taxes is STILL going to be rich
Tech Venture capital investments has skyrocketed in the last year, to the point that investors are seeking us, instead of us coming to them. And venture capital investments on IT startups is just on the starting phase of the tech bubble.
Drone startups have raised $800M in 2015 alone.
I can pull more data later, but VC investments is exploding right now. So it's a no brainier not to take advantage of that. You can go ahead and tell me I'm going to fail, but I'll keep trying until I succeed.
Yeah, but 52% of $10M is still half of your earnings.
2 of the 3 companies my family and I own would not be impacted by a 12, 13.60 or a 15 dollar minimum wage since we only employ engineers / software engineers but the 3rd would be crippled.
The problem being low overhead and a budget that isn't fixed. We would have to pass the cost on to the customer, and I don't know if they would accept it. I have not done any predictive models to figure out the costs with the new wage added so I can apply that to how many contracts we can afford to lose and break even. For example, we could lose 20% of our business but make it up with the higher prices and that would force us to cut jobs. We are in the middle of building a new warehouse and office center that should allow for 15+ years of growth without having to open a new one.
I think this is a states issue not a federal one.
And this is exactly why I don't support the highest wages proposed by serious Democratic candidates, despite being a Democrat myself. The $12 supported by Hillary is enough of a hike as it is - I don't think that a $15 minimum wage is at all feasible, and it's especially not feasible in all areas.
If Hillary's $12 wasn't the only alternative proposed by a major Democrat, I'm not even sure I'd support that much, depending on what future research on this kind of wage raise indicates. There's a chance we're not even economically prepared to deal with $12 properly, let alone a 107% raise to $15.
Plus, I do want to note that although Hillary supports $12 across the board, she acknowledges the potential for increase by state and local governments, so at least she lines up a little more on the issue of federal vs. state minimum wage legislation.
And this is exactly why I don't support the highest wages proposed by serious Democratic candidates, despite being a Democrat myself. The $12 supported by Hillary is enough of a hike as it is - I don't think that a $15 minimum wage is at all feasible, and it's especially not feasible in all areas.
If Hillary's $12 wasn't the only alternative proposed by a major Democrat, I'm not even sure I'd support that much, depending on what future research on this kind of wage raise indicates. There's a chance we're not even economically prepared to deal with $12 properly, let alone a 107% raise to $15.
Plus, I do want to note that although Hillary supports $12 across the board, she acknowledges the potential for increase by state and local governments, so at least she lines up a little more on the issue of federal vs. state minimum wage legislation.
This is just scam in disguise that Bernie has devised as his plan. His argument is by increasing taxes, it will allow everyone to have more benefits. But taxing the rich isn't enough to sustain that plan over a 300M population. Therefore his $15/hour minimum wage tactic is a loophole in disguise to create the illusion that the people will actually feel the effects of this economic stimulation, when in fact, people are going to end up in the same sinkhole they were in.
Pay more to have more, basically. Endless cycle.
Minimum wage discussions in Canada is a state/provincial decision, and it works very well to work in conjunction with the current cost of living on each province.
And raising minimum wage in Canada will not have bad ramifications as the US, seeing that even though Canada pays more taxes generally, we are a nation of 30,000,000 people, so it's sustainable.
Tech Venture capital investments has skyrocketed in the last year, to the point that investors are seeking us, instead of us coming to them. And venture capital investments on IT startups is just on the starting phase of the tech bubble.
Drone startups have raised $800M in 2015 alone.
I can pull more data later, but VC investments is exploding right now. So it's a no brainier not to take advantage of that. You can go ahead and tell me I'm going to fail, but I'll keep trying until I succeed.
Yeah, but 52% of $10M is still half of your earnings.
Sure. It's really not that simple but okay.
And you're still rich, so what you said is inaccurate.
WELP.
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