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Old 02-21-2020, 06:02 PM
 
Location: Los Angeles, CA
3,221 posts, read 1,741,705 times
Reputation: 2197

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See u in the general buddy .
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Old 02-21-2020, 06:06 PM
 
Location: San Francisco Bay Area
7,709 posts, read 5,469,500 times
Reputation: 16244
Quote:
Originally Posted by Elliott_CA View Post
+1. Righties can't argue against Democratic Socialism on its merits so they have to lie, distort and conflate it with communism, Stalin, etc.

"Socialism" is popular with the under-40 demographic and is a key reason why Bernie Sanders is the current front-runner; that, and he's viewed as genuine, consistent, and has never wavered from his goal of making life better for the working poor and middle class.
It seems like most of the under-40 demographic that idolize Bernie are idealistic middle class, not working poor. I am not convinced that the middle class will do any better under Bernie than it is now, even though his heart may be in the right place.

I am a Klobuchar supporter, but I could get behind Elizabeth Warren, if necessary, to defeat Trump, keeping all the moderate Senators in place (on both sides).
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Old 02-21-2020, 06:26 PM
 
838 posts, read 566,786 times
Reputation: 997
Sadly many of these Bernie supporters can't seem to do math.



While these calculations aren't 100% accurate, It aligns with exactly what he's proposing.
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Old 02-21-2020, 06:28 PM
 
Location: Atlanta, GA
14,834 posts, read 7,426,754 times
Reputation: 8966
Quote:
Originally Posted by Drkness View Post
Sadly many of these Bernie supporters can't seem to do math.
You don't understand how taxes work.

Your math is 100% bogus.

Quote:
Originally Posted by Drkness View Post
While these calculations aren't 100% accurate, It aligns with exactly what he's proposing.
No it doesn't.
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Old 02-21-2020, 06:29 PM
 
838 posts, read 566,786 times
Reputation: 997
Quote:
Originally Posted by atltechdude View Post
You don't understand how taxes work.
Go ahead enlighten me, What am i missing? I'll wait.
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Old 02-21-2020, 06:31 PM
 
3,618 posts, read 3,059,547 times
Reputation: 2788
Quote:
Originally Posted by PCALMike View Post
There is zero "hard left" about Bernie. The guy is firmly planted in social democratic traditions and his policies would be embraced by most conservative parties in the rest of the developed world. He's a FDR-New Deal democrat. FDR was the most popular president in the last 100 years. If you seriously believe higher SS benefits, getting big money out of politics, strengthening labor unions and Medicare-for-all is "hard left", then you're way to the right of the mainstream. That's why Bernie is the most popular senator in the country, and he regularly gets lots of support among republicans in Vermont. They know who he is better than anyone.

+1. Big facts.
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Old 02-21-2020, 06:31 PM
 
Location: Atlanta, GA
14,834 posts, read 7,426,754 times
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Quote:
Originally Posted by Drkness View Post
Go ahead enlighten me, What am i missing?
If a 52% tax is going to be applied on income above 29k, that means all income under 29k does NOT pay that tax. So in your scenario of a 31k income, that means only 2k would be taxable income, and the tax would therefore be around 1k.
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Old 02-21-2020, 06:38 PM
 
14,221 posts, read 6,977,057 times
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Quote:
Originally Posted by Drkness View Post
Sadly many of these Bernie supporters can't seem to do math.
You just made up stuff you claim Bernie has said.
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Old 02-21-2020, 06:44 PM
 
Location: minnesota
15,881 posts, read 6,349,256 times
Reputation: 5065
Quote:
Originally Posted by atltechdude View Post
If a 52% tax is going to be applied on income above 29k, that means all income under 29k does NOT pay that tax. So in your scenario of a 31k income, that means only 2k would be taxable income, and the tax would therefore be around 1k.
52% OVER 10,000,000 per year.

4% over 29000 is the tax to pay for M4A. (plus a 7.5% tax from employers in business making over 2,000,000 a year or 75% of what the employer is currently kicking in-whichever is more).

https://www.bernietax.com/#0;0;s
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Old 02-21-2020, 06:49 PM
 
Location: Atlanta, GA
14,834 posts, read 7,426,754 times
Reputation: 8966
Quote:
Originally Posted by L8Gr8Apost8 View Post
52% OVER 10,000,000 per year.

4% over 29000 is the tax to pay for M4A. (plus a 7.5% tax from employers in business making over 2,000,000 a year or 75% of what the employer is currently kicking in-whichever is more).

https://www.bernietax.com/#0;0;s
Thanks for the info, I knew his example was wrong/misperceived but I was using his numbers for the other point.
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