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And they also support a 52% tax rate. So let me get this straight someone who would be making $15 hour
and then have to pay 52% tax rate under Bernies plan...would leave him with a net of $7.20 hour.
If I’m not mistaken the federal minimum wage is $7.25. So how would someone making minimum wage be better off under crazy Bernies plan?
I just still worry about inflation. If everyone is making the same amount then you would think that costs of goods would have to go up to compensate for the increase in salaries. It just seems like a basic conclusion to me. If you're earning...say 500 more a month then 500 more dollars a month cost on goods/services and that might be bare minimum because maybe you have to count for everyone's salary which means 500 x thousands or more of people.
I'd love to think differently but I'm not sure how it makes sense to increase salary without increasing the cost of living. The above is just an estimate I was never good at economic reasoning but I do know critical thinking so I know in general the more you have the more the world is going to expect.
I think someone explained once why inflation was not going to happen but it wasn't easy for me to comprehend. It's one of those things that I have to see to believe.
The best thing a President Sanders could do for us is unite the Republicans and Democrats in Congress to curtail the powers of the executive branch, instead of being the sniveling sycophants of the same it's largely been for decades.
And for that reason, and that reason alone, I'm warming up to the idea of a President Bernie Sanders. Really.
The best thing a President Sanders could do for us is unite the Republicans and Democrats in Congress to curtail the powers of the executive branch, instead of being the sniveling sycophants of the same it's largely been for decades.
And for that reason, and that reason alone, I'm warming up to the idea of a President Bernie Sanders. Really.
Trump should have done this already but the R's are all spineless.. Get a D with too much power as president.. I think they'd divide easier. The primary is kind of showing this already as is.. Both parties have major flaws in them for having so much power
And they also support a 52% tax rate. So let me get this straight someone who would be making $15 hour
and then have to pay 52% tax rate under Bernies plan...would leave him with a net of $7.20 hour.
If I’m not mistaken the federal minimum wage is $7.25. So how would someone making minimum wage be better off under crazy Bernies plan?
According to this, up until $38,700 it's only a 12% tax rate. Take a look at the $250k and up bracket though. The ones that most likely employ those minimum wage workers. 40% rate and it just goes up from there.
This isn't a calculator right from Bernie's site, so take it with a grain of salt.
And they also support a 52% tax rate. So let me get this straight someone who would be making $15 hour
and then have to pay 52% tax rate under Bernies plan...would leave him with a net of $7.20 hour.
If I’m not mistaken the federal minimum wage is $7.25. So how would someone making minimum wage be better off under crazy Bernies plan?
Oh -- this explains many of your posts.
You don't get it -- lol. oops
So I'm not a big Sanders supporter but Sanders does not support a 52% tax rate for someone making minimum wage. That simple.
So your confusion, concerns are based on misinformation.
Ummmm you know that $7.25 is taxed, yeah? So they aren't bringing home $7.25. Right? You do understand that?
Also, you do understand that right now they are making $7.25 and they have to pay health insurance, where as if Bernie got his plan, their health care would be covered.
I would say nice try, but it really wasn't.
I don't think he understands much, but he never comments on all the threads he starts, a 'hit and run' poster.
I kind of like Bernie as a person because he is probably an okay guy, but a little warning about his ideas. He wants to take on the energy sector (big oil and the like). Hmm, the last time a president tried to do that was Carter. Again, Carter is a super great human, but do we really want to go back to that kind of mess in our country? Nice people aren't always the best leaders. Bernie would be a disaster. If you want your 401k to drop like a rock, vote for Bernie. Guess I could become a short seller.
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