Wow on the tax part of the option for those who are doing well:
- Dividends and capital gains taxed liked ordinary income
- Federal rates 45 to 50%’
- take away deductions
So, once you throw in State income taxes (and for the really tax-persecuted, like Manhattanites, city taxes), you’d be facing a marginal total income tax rate of 60 to 65 percent.
Just wow. Actually, it’s hard to believe that some of the rich Dem backers, like Goldman’s Blankfein, or hedgefund liberal Tom Steyer, would be OK with this.
This is just wonderful. But who is going to pay for it since the US government cannot pay what bill they currently have?
Those increases wouldn’t cover one tenth of the cost. You will end up with a payroll tax deduction that will equal FICA. We need to find out how Canadians pay for theirs. I was up there in the 80s and I remember some kind of payroll deduction
Medicare for all. It seems that the socialists want to give it to illegals and welfare folks for free and of course put the onus for paying it by further crippling the dwindling working taxpayers. Seniors pay a monthly premium and deductibles and co-pays. If it truly becomes medicare for all then the free rides need to be removed and all pay premiums, deductibles and co-pays. If not then it is just swinging the freebie Medicaid bunch into medicare without them paying for anything like it is now anf dorcing folks with real employer based health plans into the federal medicare nightmare.
This communist Loon, Sanders just needs to go away.
If Hillary had won in November, this s—t would already have been passed.
Think of that when criticizing DJT....
bmp