Toro
Diamond Member
- Sep 29, 2005
- 109,826
- 50,586
So you're one of the wealthiest Americans?I can think of a litany of reasons not to vote for Bernie, But after the #1 reason, the rest don't matter.
1. He wants 90% of our paychecks.
Bernie Sanders A 90 Percent Tax Rate Isn t Too High
I haven't looked at the details but I've heard other liberals suggest taxing income above $10 million or $1 million at a higher rate. Why? To put a cap on greed. Then rich people won't sit on that money. They'll invest it or hire someone rather than pay 90%. Bernie makes a good point and he isn't the first to make this point.
Do you know how many rich Americans are millionaires but don't actually make $1 million dollars a year? So you are crying you phucking baby for a very very very small percentage of Americans.
OUR paychecks? You make over $1 million a year?
When talking about President Dwight Eisenhower's administration, Sanders said, "I think the highest marginal tax rate was something like 90 percent."
CNBC's John Harwood then said, "It was 90. When you think about 90 percent, you don't think that's obviously too high."
Sanders replied, "No. What I think we've seen, and what frightens me again, when you have the top one-tenth of 1 percent owning almost as much wealth as the bottom 90 percent. Does anybody think that that is the kind of economy this country should have? Do we think it's moral?
"We have people working one job, they're working two jobs, they're working three jobs. People scared to death about what happens tomorrow. Half the people in America have less than $10,000 in savings."
"At a time when 99 percent of all new income is going to the top 1 percent, and when the top one-tenth of the 1 percent owns almost as much wealth as the bottom 90 percent, maybe it's time for a political shakeup in this country and to go beyond establishment politics," Sanders said.
"Countries in Denmark and Norway and Sweden, they are very democratic countries. Their voter turnout is higher. Healthcare is the right of all people. College education and graduate school is free. In those countries, retirement benefits are stronger than in the United States of America."
There are also very wide wealth disparities in Scandinavia.
There are very, very wealthy individuals and families in countries like Sweden. That doesn't happen with those people paying 90% in taxes.