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Whats meaningful change about creating an artificial salary while creating policies that push companies overseas thereby to avoid the onslaught of legislation Sanders wants to create?
What company do you work for that you are so worried will move overseas (that hasn't already)?
Friedman is his adviser - so it's kind of foolish to come out supporting a plan that you designed. Part of how Sanders will do this is a 0.4% payroll tax and a shift to tax capital gains and dividends as ordinary income.
Now most all of us have retirement plans - 401 K or Mutual Funds which would be included in the new tax. Most banks and health insurers invest in the stock market - they too would be taxed - and we know - they won't lose money because they will just pass that on to the consumer. There will also be a tax on any stocks traded and sold. Most of us - do not control our own 401ks portfolios but if the firm handling your 401 - trades or sells stock from your portfolio - you will also pay the .05% fee for that.
I love Sanders for his commitment to his cause - but his plans are just not feasible.
I've never heard anything about him believe business owners are national parasites. Did you?
I've never heard him say anything about government "holding wealth for distribution". But I'm sure you're talking about higher taxes to be used to reinvest in education, healthcare, and jobs programs.
What specific regulation are you so worried about? And are you worried about multinational corporations or small businesses? He believe in low interest loans and subsidies for small businesses, not so much for large established corporations that don't need the help.
It makes no common sense that Bernie's plans to increase regulations on businesses, increase fixed costs/wages, increase taxes on businesses will motivate business owners to expand their business, risk their capital, open new businesses, CC.
What company do you work for that you are so worried will move overseas (that hasn't already)?
Probably will be some, but a more concerning issue is that companies like Wall Mart, Target, and McDonalds will cut number of workers drastically, which will lead to unemployment.
In the funhouse mirror world of Bernie Sanders I can imagine all sorts of new fees and fines for trumped up environmental violations (and plenty of new regulations to keep those fines coming in). I can see all sorts of new stock trading fees and regulations (with more fines). Then of course there will be all sorts of deranged 'social justice' garbage that will generate money (read: extort businesses). There's no telling what this lunatic would implement. And you can be sure the Marxist lemmings he appoints to agency heads will work day and night coming up with new garbage to stuff down the throats of average Americans. It's what the Left does.
Not really, $15 minimum wage is 13.4 euro. Even Luxembourg is only 11.12 euro. Obviously, that is way too high for the whole US.
This is a policy that will really hurt the middle class, and the majority of economists agree. Still, Bernie supports it because he cares more about ideology, than the middle class.
Friedman is his adviser - so it's kind of foolish to come out supporting a plan that you designed. Part of how Sanders will do this is a 0.4% payroll tax and a shift to tax capital gains and dividends as ordinary income.
Now most all of us have retirement plans - 401 K or Mutual Funds which would be included in the new tax. Most banks and health insurers invest in the stock market - they too would be taxed - and we know - they won't lose money because they will just pass that on to the consumer. There will also be a tax on any stocks traded and sold. Most of us - do not control our own 401ks portfolios but if the firm handling your 401 - trades or sells stock from your portfolio - you will also pay the .05% fee for that.
I love Sanders for his commitment to his cause - but his plans are just not feasible.
I'm betting that you had no problem with socialism when it was benefiting your 401k?
It makes no common sense that Bernie's plans to increase regulations on businesses, increase fixed costs/wages, increase taxes on businesses will motivate business owners to expand their business, risk their capital, open new businesses, CC.
What specific regulations are you worried about? Maybe you've heard something I haven't.
As far as minimum wage is concerned, if collective bargaining wasn't gutted like it is today, I believe we wouldn't need any minimum wage laws. But if you bar workers from negotiating better deals on their own behalf, they will look to government to help make up the difference.
Fact of the matter is, no corporation has ever lobbied government to ban minimum wage laws, lower corporate taxes, weaken unions, reduce environmental regulations, campaign against (real) healthcare reform, because they're worried about their employees.
In the funhouse mirror world of Bernie Sanders I can imagine all sorts of new fees and fines for trumped up environmental violations (and plenty of new regulations to keep those fines coming in). I can see all sorts of new stock trading fees and regulations (with more fines). Then of course there will be all sorts of deranged 'social justice' garbage that will generate money (read: extort businesses). There's no telling what this lunatic would implement. And you can be sure the Marxist lemmings he appoints to agency heads will work day and night coming up with new garbage to stuff down the throats of average Americans. It's what the Left does.
So you don't really have an answer, just name calling.
What specific regulations are you worried about? Maybe you've heard something I haven't.
As far as minimum wage is concerned, if collective bargaining wasn't gutted like it is today, I believe we wouldn't need any minimum wage laws. But if you bar workers from negotiating better deals on their own behalf, they will look to government to help make up the difference.
There are no laws that bar employee's from negotiating better deals.
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