Posted by Guest (Post 1219801)

Amazing thought process ---- by in essence rearranging the deck chairs on the Titanic our economy will be saved ! beyond belief .
Also with respect to " the death tax " these monies were already taxed when they were income and when they generated dividends .
You need to understand the mechanism and importance of Capital Formation . We already have the highest Corporate Tax Rates in the World ! We need to give our corporations financial incentives in the form of new tax policy to encourage them to bring back into the US Economy the Billions and Billions of dollars that they are holding outside of the US .
Just too much to even bother trying to explain . However it is an argument that I would expect to be put forward by a 20 year old political science major .

Posted by Guest (Post 1219907)

Do we? There is such thing as the effective tax rate. The Sorry State of Corporate Taxes | Citizens for Tax Justice

Take a look at the large corporations that are paying no federal income taxes. These 26 Companies Pay No Federal Income Tax

If you give the major corporations incentives to bring the billions back into the country, there is no guarantee that they will put the money back into the economy via job creation.

Both parties are kissing the butt of the rich and powerful people, and large corporations. It is almost a given incentives to bring money back into the US via reducing the rate tax is a road to nowhere. They are not paying federal income taxes now. So, what tax rate is less than zero?

Posted by Guest (Post 1219907)

Do we? There is such thing as the effective tax rate. The Sorry State of Corporate Taxes | Citizens for Tax Justice

Take a look at the large corporations that are paying no federal income taxes. These 26 Companies Pay No Federal Income Tax

If you give the major corporations incentives to bring the billions back into the country, there is no guarantee that they will put the money back into the economy via job creation.

Both parties are kissing the butt of the rich and powerful people, and large corporations. It is almost a given incentives to bring money back into the US via reducing the rate tax is a road to nowhere. They are not paying federal income taxes now. So, what tax rate is less than zero?

Posted by Guest (Post 1220029)

There are approx. 30 MILLION corporations in America. And you are concerned about 26 that are legally not paying their "fair share" of taxes. I bet there are more than 26 Democrats in congress that cheat on their taxes every year. Wow dude, is that the best you can do, 26? Big deal. Like your idol says, "what difference does it make?"

Let's face it, you liberals are very, very greedy. And very, very dependent.

Posted by Guest (Post 1220034)

The Waltons are collectively worth as much as 40% of the population. And the 40% are greedy. figures

Posted by Guest (Post 1220034)

The Waltons are collectively worth as much as 40% of the population. And the 40% are greedy. figures

Posted by Guest (Post 1219771)

Do you say these things to make people laugh?
Have you ever read Bernie's platform?

The U.S. is home to some of the world's wealthiest families and corporations. It is a land of opportunity for many; however, among developed nations America has the highest rates of income inequality. Income inequality has been rapidly rising in America since the late 1970s. Income inequality has a host of social-economic consequences, and the topic has become a cornerstone issue for the socialist senator from Vermont, Bernie Sanders. His campaign is heavily focused on the economy, but more than that, his economic policies are heavily focused on reversing the upward trend in income and wealth inequality.

Focusing on the Wealth and Income Gap
Sanders has made it clear that tackling income inequality is a critical aspect of his presidential campaign:“Are we prepared to take on the enormous economic and political power of the billionaire class or do we continue to slide into economic and political oligarchy?” states Sanders on his campaign website.

Many of Sanders’ proposed policies aim directly at reducing the income inequality gap. From increasing the minimum wage to challenging Wall Street, here's a brief overview of Sanders' policies. (For related reading on income inequality, see: A Brief History of Income Inequality in the United States).

Empowering the 99 Percent
Sanders contends that the current federal minimum wage of $7.25 an hour is entirely inadequate, calling it “starvation pay.” Adamant that no one working over 40 hours a week should be living in poverty, he proposes a “living” minimum wage of $15 an hour that would be introduced over the next few years.

Throughout the past century, union membership rates having declined drastically; moreover, the current corporate environment discourages union participation. Sanders promises to “strengthen the labor movement” as a means of reducing income inequality. He also wants to increase workers’ influence and strength by promoting more worker-owned cooperatives.


Inequality between the rich and poor is not the only type of inequality Sanders wishes to focus on. He also aims to eliminate the pay gap between men and women performing similar work. As well, Sanders seeks to highlight issues of racial inequality.

Sanders' other reforms intended to help those at the bottom include providing Medicare for all, eliminating tuition at public colleges and universities and reducing interest rates on student loans.

Taking Away Free Lunch for the Super-Rich
A press release issued last June unleashed a proposal from the Vermont senator for a number of tax reform policies that would raise rates on the wealthy and eliminate loopholes. (To read more, see: Carried Interest: A Loophole in America’s Tax Code).

Included in the proposal were plans for lowering the estate tax exemption level, increasing the estate marginal tax rates, creating a billionaire surtax, and ending loopholes that allow billionaires to avoid taxes by setting up dynasty trusts or avoid estate taxes. Further, he plans to raise the cap on taxable income that goes towards Social Security. Sanders is also proposing a financial transaction tax aimed at reducing different forms of risky and unproductive speculative trading.

A central prong of Sanders' plan seeks to ensure the wealthy do not have an unfair economic advantage. In short, he hopes to challenge Wall Street’s current status of being “too big to fail”. His proposals to reform Wall Street include: breaking up big banks, limiting huge financial institutions from being able to make risky speculations with insured deposits, capping credit card rates at 15%, and limiting bankers’ abilities to get rich from taxpayer bailouts.

How Sanders' Proposals Would Impact the Economy
While Sanders’ policy proposals will help to reduce economic inequality, there are some that would argue, that these reforms could have negative implications for the overall economy. They argue that increasing tax burdens on the super rich punishing the nation's most productive class and could lead to lower investments and overall production. In short, they argue that extending benefits to the poorest means rewarding the most unproductive class, creating disincentives for hard work.

However, Sanders’ proposals are fairly modest and are not looking to eliminate all economic incentives. Proponents of Sanders' work argue that tilting the balance of economic rewards in favour of the poor is likely to benefit the overall economy rather than hurt it. They argue that the rich tend to have much lower marginal propensities to consume than the poor. Thus, for every extra dollar of income the rich earn they spend less of it than the poor. In an economy that seems to be struggling with a lack of aggregate demand, redistributing incomes from the wealthy to the poor is likely to spur economic growth to the benefit of all.

The Bottom Line
As a self-proclaimed socialist, Bernie Sanders is campaigning on a platform that promises to empower the bottom 99% through minimum wage reforms and strengthening the labor movement while increasing taxes and eliminating tax loopholes for the super rich. With income inequality reaching highs not seen since before the Great Depression Sanders aims to champion the 99%.



Read more: A Review of Bernie Sanders' Economic Policies | Investopedia A Review of Bernie Sanders' Economic Policies | Investopedia
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Posted by Guest (Post 1220050)

Dear Guest:

You express yourself like a millennia who has been thoroughly indoctrinated into social diversified and inequality issues and at the expense of economic realities meaning learning to only emote and not to think

People since the beginning of time have been jealous of those whom they perceive have more. Its why one of the Ten Commandments says "Thous shalt not covet thy neighbors goods". Its a canard when some tells poor people they can get richer by taking away from the rich. Its a political illusion by politicians to get votes by getting a collection of people to follow their absurdities and frankly its a waste of time and energy

The Obama Administration is the Sanders agenda and because of it we have never had the historic recovery seen in the past.

We are 7 years past the recession of 2008 and we are limping along, median wage is down people actually participation in the economy is at its lowest level in many a year. The FED is in concert with Obama and they are contributing to this delay

Obama's spending is out of control, focused in the wrong areas and has been the least effective. Obama's regulations are strangling corporations. Businesses are sitting on huge amounts of cash but given Obama's anti-business bent they refuse to invest and use their cash to buy back their stock or invest overseas. I don't blame them its called capitalism and not communism

Obama had from the beginning of his first term set out to "get the man" but forgot he is the man....meaning he had the responsible to bring the country together and get the economy moving. Instead he maintained his role as community organizer causing disruption and division both here and abroad.

You speak of unions. Unions were perhaps necessary in the 1930's but after World War II the country expansion and the creation of technology created supply and demand and coincided with increases in educational pursuits by prospective employees.

Unions, especially public unions are very damaging to our economy. Public unions demand more but offer less in quality and production. they are sending many a city bankrupt because of commitment to medical benefits and pensions.

Unions in general cost consumer more because of the outrageous demands they make in their contracts.

It why the progressive party caters to union bosses which grant them votes. This is a conflict of interest as respects public union employees because politicians quid pro quo arrangement with public unions is in conflict with taxpayers wishes.

Its why many states are moving to the right to work status

The economy is a big issue in this campaign. But so is defense and foreign policy thanks to the manifest incompetence of Obama

Finally people should stop worrying about rich people and focus on how they will achieve their goals and desired financial status.

Progressives claims of redistribution of wealth reminds me of those scenes in movies were you watch greedy claim jumpers steal another miners gold claim.

Personal Best Regards;

Posted by Guest (Post 1220029)

There are approx. 30 MILLION corporations in America. And you are concerned about 26 that are legally not paying their "fair share" of taxes. I bet there are more than 26 Democrats in congress that cheat on their taxes every year. Wow dude, is that the best you can do, 26? Big deal. Like your idol says, "what difference does it make?"

Let's face it, you liberals are very, very greedy. And very, very dependent.

Posted by Guest (Post 1220062)

Think a little more. Are the lobbyists looking out for you? Why can't you afford your own lobbyist? Are your kids doing better than you? Are most? Are they all lazy and greedy?

Posted by Guest (Post 1220050)

Dear Guest:



People since the beginning of time have been jealous of those whom they perceive have more. Its why one of the Ten Commandments says "Thous shalt not covet thy neighbors goods". Its a canard when some tells poor people they can get richer by taking away from the rich. Its a political illusion by politicians to get votes by getting a collection of people to follow their absurdities and frankly its a waste of time and energy

The Obama Administration is the Sanders agenda and because of it we have never had the historic recovery seen in the past.

We are 7 years past the recession of 2008 and we are limping along, median wage is down people actually participation in the economy is at its lowest level in many a year. The FED is in concert with Obama and they are contributing to this delay

Obama's spending is out of control, focused in the wrong areas and has been the least effective. Obama's regulations are strangling corporations. Businesses are sitting on huge amounts of cash but given Obama's anti-business bent they refuse to invest and use their cash to buy back their stock or invest overseas. I don't blame them its called capitalism and not

You speak of unions. Unions were perhaps necessary in the 1930's but after World War II the country expansion and the creation of technology created supply and demand and coincided with increases in educational pursuits by prospective employees.

Unions, especially public unions are very damaging to our economy. Public unions demand more but offer less in quality and production. they are sending many a city bankrupt because of commitment to medical benefits and pensions.

Unions in general cost consumer more because of the outrageous demands they make in their contracts.

It why the progressive party caters to union bosses which grant them votes. This is a conflict of interest as respects public union employees because politicians quid pro quo arrangement with public unions is in conflict with taxpayers wishes.

Its why many states are moving to the right to work status

The economy is a big issue in this campaign. But so is defense and foreign policy thanks to the manifest incompetence of Obama

Finally people should stop worrying about rich people and focus on how they will achieve their goals and desired financial status.

Progressives claims of redistribution of wealth reminds me of those scenes in movies were you watch greedy claim jumpers steal another miners gold claim.

Personal Best Regards;

Posted by Guest (Post 1220094)

Let me ask YOU about your envy statement. If your next door neighbor (a staunch Democrat) has a Mercedes and a Corvette and is constantly going on luxury cruises, but you find out he pays no Federal income tax on his cash only business with profits of $500,000 AND he gets the low income senior exemption for county tax - are YOU jealous and turn him in? Oh yeah, he encourages his 2 Pit Bulls to use your yard for a bathroom!

Regarding the anti-union stuff, they have gone too far in many things but they still are needed for employee protection.

Posted by Guest (Post 1219629)

Of course, having the highest corporate tax rate in the world might have something to do with it.

Posted by Guest (Post 1220094)

Let me ask YOU about your envy statement. If your next door neighbor (a staunch Democrat) has a Mercedes and a Corvette and is constantly going on luxury cruises, but you find out he pays no Federal income tax on his cash only business with profits of $500,000 AND he gets the low income senior exemption for county tax - are YOU jealous and turn him in? Oh yeah, he encourages his 2 Pit Bulls to use your yard for a bathroom!

Regarding the anti-union stuff, they have gone too far in many things but they still are needed for employee protection.