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For those who keep asking: "How is Bernie gonna PAY for his ideas??" check this out (Original Post) dixiegrrrrl Feb 2016 OP
Deceptive and disingenuous cosmicone Feb 2016 #1
Oh, please nichomachus Feb 2016 #3
Exactly. As far as lifting the cap on FICA taxes, I think that is doable. stopbush Feb 2016 #4
Anybody can throw down some numbers. What happens if health care isn't reduced from the $3+Trillion Hoyt Feb 2016 #2
Sanders numbers are pie-in-the-sky. That's what disappoints me the most about him. stopbush Feb 2016 #6
And how does he get it passed? n/t Lucinda Feb 2016 #5

nichomachus

(12,754 posts)
3. Oh, please
Tue Feb 16, 2016, 03:33 PM
Feb 2016

I went to the Hillary site and read her disingenuous pipe dreams. You need to explain how she's going to manage all the pie-in-the-sky claptrap she promises.

"I will ensure that every college campus -- blah blah blah." How does she do that? Wave her magic wand. Does she run every college in the country?

How does she pay for the stuff she's proposing. You need to answer these questions before you continue bashing Bernie.

Most of Hillary's stuff is bait-and-switch bullshit -- and you know it, unless she's planning on declaring herself Empress of America.

stopbush

(24,396 posts)
4. Exactly. As far as lifting the cap on FICA taxes, I think that is doable.
Tue Feb 16, 2016, 04:24 PM
Feb 2016

The argument against it is that rich people shouldn't have to pay more FICA taxes in than they will receive in benefits. But that's a specious argument because,

1. millions of people pay into FICA for their entire lives and die before receiving a red cent in benefits. Many others draw but a few years in benefits. Those decades of FICA payments are not refunded back to the people who paid them. Ergo, the argument that a rich person will be "overpaying" into the fund is selective at best and unfair on its face.

2. the fact is that most Americans pay FICA taxes on 100% of their income, while a person earning, say, $1.2-million a year pays FICA taxes only on the first 10% of income. How is that fair?, and

3. statistically, the rich live longer than the average person, so their actual payout on SS benefits is much greater than the average person. For this reason alone, they should be paying more into the fund than the average person.

 

Hoyt

(54,770 posts)
2. Anybody can throw down some numbers. What happens if health care isn't reduced from the $3+Trillion
Tue Feb 16, 2016, 03:28 PM
Feb 2016

we spend now to Sanders' laughable $1.39 Trillion (Heck, cut out all insurance company profits and you supposedly only save $195 Billion, assuming the government doesn't have to pick up the risk and investment inherent in taking over financing the full system).

Or, Congress simply says how many times do we have to say No. Or people say, wow is it really fair to increase taxes on people making over $250,000 14.4 percentage points, WITHOUT any increase in benefits. By the way, Sanders projections don't include increasing benefits for those on the lower end like he has been promising folks.

Personally, I think a lot of Independents -- mostly GOPers too ashamed to admit it -- will balk at significant tax increases. I realize many will come out better under say a single payer system paying taxes rather than premiums. I would, and have supported it since the 1980s. But over 40% of the populace doesn't support the idea now, and when they look at taxes they will have to pay, they'll support it even less.

Most of those ideas are worthy, just be honest about the cost and how unlikely any of that will happen in the current environment.

stopbush

(24,396 posts)
6. Sanders numbers are pie-in-the-sky. That's what disappoints me the most about him.
Tue Feb 16, 2016, 04:26 PM
Feb 2016

He's supposedly a straight shooter, but he's not being straight about the numbers. Not even close.

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