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Sanders plan laid out how it would be paid for. It would be paid for by money that others got for "free". His plan would have simply spread it beyond a few.
A few? Just blew coffee out my nose. Sanders transaction tax would have hit the tens of millions of American workers and retirees who in aggregate have $27 trillion invested in pension/retirement accounts.
It's completely idiotic to ignore the fact that Sanders' transaction tax would have been a tax on tens of millions of Main Street Americans' retirement.
We need to educate people on the harm that vast generalizations do also.
Yeah, well... what we're doing now can't pass for education in any way, stretch, or form. Read the WaPo article I posted on how much more incompetent millennials are than the adults only 10 years older than they. And that includes those with masters and doctoral degrees.
Oh, and read the TIME article I posted on how 40% of the unemployed are millennials, including many who are college-educated.
$2 trillion in QE went to buy GSE MBS to give tens of thousands of people free homes:
Quote:
"There are tens of thousands of homeowners who have missed more than five years of mortgage payments, many of them clustered in states like Florida, New Jersey, and New York, where lenders must get judges to sign off on foreclosures.
...“No one gets a free house,” Judge Michael B. Kaplan of the United States Bankruptcy Court in Trenton wrote in an opinion late last year, reflecting what he characterized as a longstanding “admonition” he and others made during the foreclosure crisis. But after effectively ending a New Jersey homeowner’s foreclosure case in November because the state’s six-year statute of limitations had expired, he wrote in his opinion, “With a proper measure of disquiet and chagrin, the court now must retreat from this position.”
Yeah, well... what we're doing now can't pass for education in any way, stretch, or form. Read the WaPo article I posted on how much more incompetent millennials are than the adults only 10 years older than they. And that includes those with masters and doctoral degrees.
This same argument is used for every new generation.
Quote:
Oh, and read the TIME article I posted on how 40% of the unemployed are millennials, including many who are college-educated.
That we have off shored thousands and thousands of jobs is their fault? Or is that the fault of the "smarter" generations?
There is no "free" anything from the government. ALL of us will be taxed for stupid people to delay getting in the unemployment line.
Not all are taxed. The bottom 40% of tax filers actually have NEGATIVE effective federal income tax rates. That means they get more money from the federal government at tax time than they've paid in federal income tax, if they even pay any at federal income tax at all.
How illegal aliens milk the refundable tax credit scam:
Quote:
20 kids = $30,000
WTHR spoke to several undocumented workers who confirmed it is easy.
They all agreed to talk with WTHR investigative reporter Bob Segall and a translator as long as WTHR agreed not to reveal their identity.
One of the workers, who was interviewed at his home in southern Indiana, admitted his address was used this year to file tax returns by four other undocumented workers who don't even live there. Those four workers claimed 20 children live inside the one residence and, as a result, the IRS sent the illegal immigrants tax refunds totaling $29,608.
13 Investigates saw only one little girl who lives at that address (a small mobile home). We wondered about the 20 kids claimed as tax deductions?
"They don't live here," said the undocumented worker. "The other kids are in their country of origin, which is Mexico."
He later explained none of the 20 children have ever visited the United States – let alone lived here.
So why should undocumented workers receive tax credits for children living in a foreign country, which is a violation of IRS tax rules?
"If the opportunity is there and they can give it to me, why not take advantage of it?" the worker said.
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