Sanders Tax Plan Would Hammer Middle Class Families

[bullwinkle]

"There is no historical evidence that tax cuts spur economic growth. The highest period of growth in U.S. history (1933-1973) also saw its highest tax rates on the rich: 70 to 91 percent. During this period, the general tax rate climbed as well, but it reached a plateau in 1969, and growth slowed down five years later. Almost all rich nations have higher general taxes than the U.S., and they are growing faster as well." Tax cuts spur economic growth

It also saw WW2 and the post-war boom years when American industry was supplying the rest of the world because American industry was the only industry not bombed flat. The end of that period coincides with German and Japanese industrial capabilities finally able to no longer need American output.

Yep. Any time somebody uses the 1950s as an example of how high tax rates generate economic success they reveal how incredibly ignorant they are about economics and history. It's kind of sad people can be so uneducated

Then there's the other side.....

Trump and Cruz's tax plans would redistribute historic wealth to the rich

 

[Manchester]

The average middle class family would get hit with a $6,100 income tax increase under Bernie Sanders tax plan. My family's tax bill would increase over $16,000 according to this calculator. Anybody supporting this man should be a beaten with a stick

This simple calculator tells you how each presidential candidate's tax plan affects you

People should be beaten with a stick because you don't want to pay more taxes?

 

[Soggy in NOLA]

The average middle class family would get hit with a $6,100 income tax increase under Bernie Sanders tax plan. My family's tax bill would increase over $16,000 according to this calculator. Anybody supporting this man should be a beaten with a stick

This simple calculator tells you how each presidential candidate's tax plan affects you

People should be beaten with a stick because you don't want to pay more taxes?

Yes... now you're getting it.

 

[BluesLegend]

Look the poor and middle class have been the Democrats cash cow for decades this is nothing new. Democratic party run states and cities have been taxing the crap out of them for at least the last 40 years. Just look at the taxes in places like OR, NJ, NY, CA its insane.

 

[Dont Taz Me Bro]

Then there's the other side.....

Trump and Cruz's tax plans would redistribute historic wealth to the rich

So?

I would also get a $4,000 to $6,000 decrease under their plans.

 

[Dont Taz Me Bro]

The average middle class family would get hit with a $6,100 income tax increase under Bernie Sanders tax plan. My family's tax bill would increase over $16,000 according to this calculator. Anybody supporting this man should be a beaten with a stick

This simple calculator tells you how each presidential candidate's tax plan affects you

People should be beaten with a stick because you don't want to pay more taxes?

More for their stupidity and weakness

 

[bendog]

Some new taxes for the middle class. Some new benefits for the middle class. Not that any of it has a chance of passing anytime soon.

Well, that's sort of the point. Bern's tax plan is no more credible than the Donalds, and the best the Donald's supporters can say is "oh, well he probably doesn't really mean it, and he's businessman so he'll cut a deal that will give all Purple Unicorns hay."

I suspect there are Hill supporters (and superdelegates) who sorely would like a less toxic but mainstream candidate ... but Bernie shows no sign of wanting to be that person.

 

[Agit8r]

Some new taxes for the middle class. Some new benefits for the middle class. Not that any of it has a chance of passing anytime soon.

Well, that's sort of the point. Bern's tax plan is no more credible than the Donalds, and the best the Donald's supporters can say is "oh, well he probably doesn't really mean it, and he's businessman so he'll cut a deal that will give all Purple Unicorns hay."

I suspect there are Hill supporters (and superdelegates) who sorely would like a less toxic but mainstream candidate ... but Bernie shows no sign of wanting to be that person.

After the last eight years, people don't find domestic policy positions that scary, since there is little chance of their being enacted.

Now, when it comes to foreign policy, HRC is to the right of the mainstream.

Poll shows majority wants Congress to approve Iran deal

The American public is damned tired of being at war.

 

[Dovahkiin]

"There is no historical evidence that tax cuts spur economic growth. The highest period of growth in U.S. history (1933-1973) also saw its highest tax rates on the rich: 70 to 91 percent. During this period, the general tax rate climbed as well, but it reached a plateau in 1969, and growth slowed down five years later. Almost all rich nations have higher general taxes than the U.S., and they are growing faster as well." Tax cuts spur economic growth

It also saw WW2 and the post-war boom years when American industry was supplying the rest of the world because American industry was the only industry not bombed flat. The end of that period coincides with German and Japanese industrial capabilities finally able to no longer need American output.

Yep. Any time somebody uses the 1950s as an example of how high tax rates generate economic success they reveal how incredibly ignorant they are about economics and history. It's kind of sad people can be so uneducated

Yeah, the massive government spending in regards to world war 2 really helped us out!

 

[Toddsterpatriot]

You gotta give propaganda credit, mention taxes and the wackos would shoot their dog. Sixty years of brainwashing has truly worked, the right wing would elect Dumbo the Idiot if he promised lower taxes. Too funny the control money power has over the minds of the wingnuts. Fools look to Kansas and see the shining dump on the hill.

"There is no historical evidence that tax cuts spur economic growth. The highest period of growth in U.S. history (1933-1973) also saw its highest tax rates on the rich: 70 to 91 percent. During this period, the general tax rate climbed as well, but it reached a plateau in 1969, and growth slowed down five years later. Almost all rich nations have higher general taxes than the U.S., and they are growing faster as well." Tax cuts spur economic growth

The Obama Boom

"The national infatuation with pointless defense spending has generated expenditures that are utterly out of control. Spending rose gradually at first from its 1995 low, then soared after the terrorist attacks of 2001, reaching a high of $653 billion for fiscal year 2009 with no end in sight as the major presidential candidates had pledged to further increase the Pentagon's budget. They made these promises despite the fact that the United States at that time spent more on defense than all the rest of the world put together. China, the second most heavily armed state, had a military budget one-tenth the size of America's. Even the gigantic U.S. figure grossly underestimates the real costs of maintaining a bloated military establishment. The War Resisters League, a pacifist organization and therefore hardly impartial, compiled an interesting analysis of the full costs in fiscal year 2009 using official government publications. It is entitled "Where Your Income Tax Money Really Goes" and can be found on the organization's website, www.warresisters.org/pages/piechart.htm. As we have seen, the Pentagon's books are impossible to audit, but using publications from the Congressional Budget Office and other sources the League was able to paint a better and darker picture than one finds in most discussions of military costs." pps 387,388 'A Bubble in Time: America During the Interwar Years, 1989-2001' by William L. O'Neill

WRL Pie Chart Flyers - Where Your Income Tax Money Really Goes

Here’s Where Your Tax Dollars Go

There is no historical evidence that tax cuts spur economic growth.

There is a lot more evidence that tax cuts spur growth than evidence that tax hikes spur growth.

 

[Manchester]

The average middle class family would get hit with a $6,100 income tax increase under Bernie Sanders tax plan. My family's tax bill would increase over $16,000 according to this calculator. Anybody supporting this man should be a beaten with a stick

This simple calculator tells you how each presidential candidate's tax plan affects you

People should be beaten with a stick because you don't want to pay more taxes?

More for their stupidity and weakness

Is it stupid and weak to want something different? It strikes me that the same dreary political parties doing pretty much the exact same thing with fanatical fans screaming blue murder about minute differences has a large sleection of the electorate bored. There's an appetite for something new, that might be a bullish and loud mouthed billionare shouting that we're all in danger or an aging socialist spounting common sense soundbites with an economically questionable plan to hike up taxes to try and bring standards of living up. It sounds to me like it's you're pocket that matters to you and not the strength nor the intelligence of the voters.

 

[bullwinkle]

You gotta give propaganda credit, mention taxes and the wackos would shoot their dog. Sixty years of brainwashing has truly worked, the right wing would elect Dumbo the Idiot if he promised lower taxes. Too funny the control money power has over the minds of the wingnuts. Fools look to Kansas and see the shining dump on the hill.

"There is no historical evidence that tax cuts spur economic growth. The highest period of growth in U.S. history (1933-1973) also saw its highest tax rates on the rich: 70 to 91 percent. During this period, the general tax rate climbed as well, but it reached a plateau in 1969, and growth slowed down five years later. Almost all rich nations have higher general taxes than the U.S., and they are growing faster as well." Tax cuts spur economic growth

The Obama Boom

"The national infatuation with pointless defense spending has generated expenditures that are utterly out of control. Spending rose gradually at first from its 1995 low, then soared after the terrorist attacks of 2001, reaching a high of $653 billion for fiscal year 2009 with no end in sight as the major presidential candidates had pledged to further increase the Pentagon's budget. They made these promises despite the fact that the United States at that time spent more on defense than all the rest of the world put together. China, the second most heavily armed state, had a military budget one-tenth the size of America's. Even the gigantic U.S. figure grossly underestimates the real costs of maintaining a bloated military establishment. The War Resisters League, a pacifist organization and therefore hardly impartial, compiled an interesting analysis of the full costs in fiscal year 2009 using official government publications. It is entitled "Where Your Income Tax Money Really Goes" and can be found on the organization's website, www.warresisters.org/pages/piechart.htm. As we have seen, the Pentagon's books are impossible to audit, but using publications from the Congressional Budget Office and other sources the League was able to paint a better and darker picture than one finds in most discussions of military costs." pps 387,388 'A Bubble in Time: America During the Interwar Years, 1989-2001' by William L. O'Neill

WRL Pie Chart Flyers - Where Your Income Tax Money Really Goes

Here’s Where Your Tax Dollars Go

There is no historical evidence that tax cuts spur economic growth.

There is a lot more evidence that tax cuts spur growth than evidence that tax hikes spur growth.

Seems like we had tax hikes AND growth spurts during the 90s...AND on a plan to pay down our debts.

 

[Dont Taz Me Bro]

The average middle class family would get hit with a $6,100 income tax increase under Bernie Sanders tax plan. My family's tax bill would increase over $16,000 according to this calculator. Anybody supporting this man should be a beaten with a stick

This simple calculator tells you how each presidential candidate's tax plan affects you

People should be beaten with a stick because you don't want to pay more taxes?

More for their stupidity and weakness

Is it stupid and weak to want something different?

It's stupid and weak to want to be a serf on the lord's manor.

 

[Dont Taz Me Bro]

Seems like we had tax hikes AND growth spurts during the 90s...AND on a plan to pay down our debts.

What high taxes did we have in the 90s?

 

[Care4all]

Seems like we had tax hikes AND growth spurts during the 90s...AND on a plan to pay down our debts.

What high taxes did we have in the 90s?

pres clinton raised the tax rates on the top tiers to what they were before bush 1 had them lowered

 

[Care4all]

the whole chart is useless without showing what each of these plans add to the national debt....what budget deficits are after the tax cuts, or what specific spending cuts would have to take place or do we add to deficits at even faster rates....

Basically, don't put too much stock in this chart calculator...

Also, we are just a 1 income family now, and i'm too young to draw on my retirement funds, so our income is much lower now than it once was,

and Sanders has us paying several thousand more which is surprising,

HOWEVER if you calculate that we would not have to pay for our monthly health insurance for the two of us, we come out almost even....

 

[NYcarbineer]

The average middle class family would get hit with a $6,100 income tax increase under Bernie Sanders tax plan. My family's tax bill would increase over $16,000 according to this calculator. Anybody supporting this man should be a beaten with a stick

This simple calculator tells you how each presidential candidate's tax plan affects you

From the link:

Bernie Sanders's plan would raise taxes on everyone, but it would also pay for health care, education, and other programs that you would no longer have to pay for.

So you'd come out ahead.

 

[Dont Taz Me Bro]

Seems like we had tax hikes AND growth spurts during the 90s...AND on a plan to pay down our debts.

What high taxes did we have in the 90s?

pres clinton raised the tax rates on the top tiers to what they were before bush 1 had them lowered

Which were still considerably lower than when Reagan took office before lowering them, so I suppose it depends on your definition of high. Also, during the Clinton administration capital gains taxes were cut. Let's also not forget about the dot com boom. Taxes aren't the only thing that drive an economy

 

[Dont Taz Me Bro]

The average middle class family would get hit with a $6,100 income tax increase under Bernie Sanders tax plan. My family's tax bill would increase over $16,000 according to this calculator. Anybody supporting this man should be a beaten with a stick

This simple calculator tells you how each presidential candidate's tax plan affects you

From the link:

Bernie Sanders's plan would raise taxes on everyone, but it would also pay for health care, education, and other programs that you would no longer have to pay for.

So you'd come out ahead.

Don't proceed to tell me how I will come out as. You don't manage my family's financial affairs.

And no, I will not come out ahead. Not even close. His plan only benefits people like you who contribute next to nothing for what you get in return.

Not that it matters since he won't be president.

 

[NYcarbineer]

The average middle class family would get hit with a $6,100 income tax increase under Bernie Sanders tax plan. My family's tax bill would increase over $16,000 according to this calculator. Anybody supporting this man should be a beaten with a stick

This simple calculator tells you how each presidential candidate's tax plan affects you

From the link:

Bernie Sanders's plan would raise taxes on everyone, but it would also pay for health care, education, and other programs that you would no longer have to pay for.

So you'd come out ahead.

Don't proceed to tell me how I will come out as. You don't manage my family's financial affairs.

And no, I will not come out ahead. Not even close. His plan only benefits people like you who contribute next to nothing for what you get in return.

Not that it matters since he won't be president.

You know my finances? How?