Bernie Sanders

Discussion in 'Politics Discussion' started by Rosyrain, Aug 12, 2015.

  1. JR Ewing

    JR Ewing Super Moderator Staff Member

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    More taxes and regulations only has the opposite effect - it will NOT stimulate, and more businesses will fail or even voluntarily shut down because their incentives are taken away by big govt. Why should I continue to run my business if the government is going to take most of my money, and allow me to make no more money than any of my employees? Why not just close up shop, stay home, and collect a check every month from the govt?

    For the first time in our history, we're now having more businesses close up here in the US than start up in the past 7 years. That's a very bad sign.
     
  2. baudwalk

    baudwalk Senior Investor

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    JR, welcome to the thread's funny room and toga party. Food fight! :) Tough at times, but here's hoping some of the conservative ideas thrown at the liberal wall stick.
     
  3. baudwalk

    baudwalk Senior Investor

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  4. Gloryontheway

    Gloryontheway Guest

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    I like Bernie Sanders. First, he was born and raised in Brooklyn, New York a true New Yorker. I am from New York. Being from Brooklyn, he would be able to handle anything that comes his way. He also wants to raise the Social Security payments. That's going to get him so many votes. He wants to raise the minimum wage. That's going to get him even more votes. And finally he wants to restore the middle class. With that kind of talking, he may be able to out beat Hillary Clinton.
     
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  5. petesede

    petesede Guest

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    name a politician from any party that doesn´t want to ´restore the middle class´.. I would be willing to bet that those exact words are in every presidential candidates speech for the last 20 years.

    The American middle class is fine, they just need to stop buy ******s every year and instead save money for their children. The gov´t did nothing to the middle class, the middle class just got selfish and instead of ´ I want my children to have a better life than me so I will sacrifice for them´... we have a society where parents are much more selfish than they were back when we had a ´restored middle class´. The greatest generation is the greatest generation because they are the last generation, that on a whole, suffered and sacrificed for their children. Oh, but don´t say that outloud, because some mom on her ******18 smartphone will tweet you and tell you that it is not her fault that he kids don´t have money for college as she takes a sip of her $6 double chocolate iMocha.
     
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  6. baudwalk

    baudwalk Senior Investor

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    Pray tell, how is he going to raise the Social Security payments and the minimum wage? The $18 trillion national debt is obscene and the feds are borrowing more money just to make interest payments. The USA has the most sovereign debt in the world (http://www.businessinsider.com/graph-worlds-debt-share-by-country-2015-8).

    Before someone gets upset with me, yes, the other candidates on both sides of the aisle should answer this question too.
     
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  7. spaceboytaylor

    spaceboytaylor Active Member

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    As for the people worried about getting deeper into dept, I think you're foregtting that some of the core ideas of socialism are about weath distribution, not just willy nilly spending. Bernie Sanders plans to attack the billionare class and Wall Street who have been evading fair taxation for years and will get rud if those tax havens that they've been exploiting to get out of paying money to the government. These people who are only 0.1% of the country, own almost 90% of the population's money combined. If these people would stop being crooks and evading taxes with stupid loopholes, then the country would be fed an incredible amount of money. Mix this with slightly increased taxes, less war funding, and an exponential amount more jobs stimulating the economy, and you have a more healthy country.
     
  8. JR Ewing

    JR Ewing Super Moderator Staff Member

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    http://www.cnbc.com/2015/04/13/top-1-pay-nearly-half-of-federal-income-taxes.html

    http://www.heritage.org/federalbudget/top10-percent-income-earners

    The idea that the wealthy don't pay much or any taxes is false. The rich and the small and large corps are the job creators.

    It's true that the very wealthy and the very large corps can often successfully lobby for special favors, but the idea that they pay no taxes is false.

    Keep in mind that income is often taxed more than once - particularly investment income. For example, the idea that the big hedge fund managers only pay taxes on realized capital gains and nothing else is false. The fund itself may pay limited amounts of investment taxes if it uses a tax-efficient investment strategy... but the managers and other employees of the funds pay taxes on income, and the fund or its owners will pay corporate and/or individual income taxes on admin and performance fees, depending upon how the fund is set up.

    Someone like Mitt Romney who is retired already paid many millions in taxes on most of his $250 mil nestegg when he was earning it and putting it away. Now he pays taxes on interest, dividends, realized capital gains, mandatory IRA distributions, etc on that nestegg.
     
  9. baudwalk

    baudwalk Senior Investor

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    http://www.nytimes.com/2015/10/03/y...ssive-trading-could-be-a-boon-to-returns.html

    Sanders proposes a tax to curb excessive trading. This missile suggests that a tax would induce behavior modification, protecting investors from themselves. I say bullfeathers. If I want to day trade (not to suggest I would do so), why should government control my non-criminal activity? Government should stay out of my business. Nuts.
     
  10. anorexorcist

    anorexorcist Well-Known Member

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    I don't live in The United States, so I'm not really informed about Bernie, but until now based in the things that I have read on the internet he seems to be a good candidate, he supports LGBT+ rights, doesn't seems to be racist and he actually looks more relaxed, approachable and humble than Donald Thrump.
     

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