How many jobs will his spending programs create? Who cares? The unemployed will merely kick back and relax; enjoying their new generous benefits. I want to be unemployed under a Sanders administration. I’ll collect my guaranteed living wage, a generous unemployment housing subsidy should take care of my meager mortgage, my health care will be free, I shall walk the Earth, like Cain, in Kung Fu.
Thanks Bernie!In addition, Sanders wants to eliminate tax deductions used by oil, gas and coal industries, add a financial transactions tax on the value of stocks, bonds and other financial assets traded in the U.S., and raise the estate tax rate while lowering the exclusion.
I did not know this was part of his plan, I love it. Have even a small tax on the movement of stock will generate huge amounts of revenue and slow day traders down enough as to keep them from creating too many bear market bubbles.
Also, this article is terribly written, throwing out numbers in such a way that does nothing to contextualize them or illustrate either their short or long term issues. While I am perfectly aware that moving away from an economy that is as fluid as the US’ will cause issues in the next decade even if it is done correctly, this article does nothing to explain the WHY’s these shifts will cause such problems.
I like that the Tax Foundation has a portion of their website dedicated to telling journalists how to describe them. Now I know for sure that they are non-partisan and don’t need to go to SourceWatch to find out about their ties to ALEC and the Kochs!
How Should Journalists Describe Us?
The Tax Foundation is a non-partisan research think tank, based in Washington, DC.
I got to watch the debates with my very conservative family (trump supporters) and was warned that if we vote for Sanders than we will need to be ready to pay taxes. They also like the flat tax and think it will mean they will pay less than the current system (yet they heard Cruz say 20% and they said “that’s too high”). They also believe corporate taxes are too high and that is why we need to lower them to get the companies to bring the money back to the states and share with the workers. If they pay less taxes, they will spend more money on workers.
I did have some success when they talked about the Keystone Pipeline, they thought it was for strictly US companies to use and not for Multinationals to get the oil out to international waters and skip paying taxes on it. Then they asked who would pay for it, I told them we would, to which the reply was “Donald would renegotiate that and have Canada pay for it.”