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/biz/ - Business & Finance

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14352609 No.14352609 [Reply] [Original]

>Senator Sanders (I-VT) would enact a number of policies that would raise payroll taxes and individual income taxes, especially on high-income households.
>According to the Tax Foundation’s Taxes and Growth Model, the plan would significantly increase marginal tax rates and the cost of capital, which would lead to 9.5 percent lower GDP over the long term.
>On a static basis, the plan would lead to 10.56 percent lower after-tax income for all taxpayers and 17.91 percent lower after-tax income for the top 1 percent. When accounting for reduced GDP, after-tax incomes of all taxpayers would fall by at least 12.84 percent.

Source: https://taxfoundation.org/details-and-analysis-senator-bernie-sanders-s-tax-plan

How can anyone be in favor of this?

>> No.14352862

>>14352609
>high-income households
1913 declare 250,000 as highest bracket...gold was 35oz at time so that was equiv of 7000 oz/year (10M year present day)
debase currency for next 100 yrs...dropping value of dollar by 99%
dont move $250k as "high" limit...now its middle class

>> No.14352959

>Get rid of all government issued student loans which cannot be more than 10% of your monthly income
>Decrease after-tax income by 10% for everyone
HMMM WAIT A MINUTE

>> No.14352990

>>14352609
There's a lot or retards in America

Lock and load

>> No.14352992

>>14352609
back to pol, retard

>> No.14353037

If you aren't rich how can you not be in favour of this? are you some kind of cuck?

>> No.14353156

>>14353037
having second thoughts about that art history degree?

>> No.14353192

>>14353156
larping as a millionaire on a mongolian forum cuck? thats sad

>> No.14353219

>>14353037
based bernie dabbing on richfags

>> No.14353269

>>14352609
Because when you're a loser, everyone else has to be one too

>> No.14353308

>>14353192
this post >>14353269 describes your mindset. You just assume that just because you're sad and pathetic, working at mcd's, etc., that is somehow means everyone else is the same as you. that's called PROJECTION.

>> No.14353409
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14353409

>>14353308
>you either work at mcdonalds or you are a millionaire, there is nothing in between

lmao what a retard. I bet you have a 10k link stack and think you are rich and successful

>> No.14353679
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14353679

>why don't people without student loan debt or who've erstwhile paid off their student loans want to pay the sextuple-digit debts of double-digit iq retards?

This is an incentive in the literal sense for bad actors to become worse actors for the next generation of students. They intend to pay the schools off rather than reform the failed Higher Education Act of 1965 that'd put us into this mess so they can continue to produce compromised commie retards in these adult daycare centers while having the rest of the country foot the bill in various underhanded ways.

>> No.14353719

>>14352609
open casket 2020!!! who /berniebro/ here :D

>> No.14353801
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14353801

>>14353679
big brain post

>> No.14353815

>>14352609
100% in favor of this

>> No.14353955
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14353955

>> No.14354119
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14354119

Not pictured: an additional 6% federal payroll tax (a tax based on your wage your employer pays). Currently state payroll taxes are for example 7% in my home state, this would make payroll taxes 13%

>> No.14355161

>>14353801
who is this broad?