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Bernie Sanders' Effective Tax Rate is 13.5%


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Oh, and I won't vote for him. I'll also actively advocate him. Just like I would and do against Cruz and trump.

You won't vote for him but you'll actively advocate him, that makes sense, like about most the rest of your posts.

 

Anyway, I'm done here, maybe someone else will chit chat with you on your feelings for Bernie's "hypocracy".

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If that's true, then you're basically making my point that income taxing, and especially raises of rates at $250k, is bad policy.

 

And it's convenient that his specific but rate hike is just above his income bracket.

 

Why doesn't he advocate killing deductions rather than imposing new taxes that he and other wealthy people will just avoid anyway?

He's mainly going after the millionaire/billionaire class(es) so I refer you back to the 1st link I provided, it's all there... Again, I don't know why you keep bitching about Bernie: don't vote for him!

 

 

You don't seem to grant the same thing to Trump supporters. It's funny when the candidate you support comes under fire finally because his policies would destroy all entrepreneurial spirit in America that you get butt-hurt about it.

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If that's true, then you're basically making my point that income taxing, and especially raises of rates at $250k, is bad policy.

 

And it's convenient that his specific but rate hike is just above his income bracket.

 

Why doesn't he advocate killing deductions rather than imposing new taxes that he and other wealthy people will just avoid anyway?

He's mainly going after the millionaire/billionaire class(es) so I refer you back to the 1st link I provided, it's all there... Again, I don't know why you keep bitching about Bernie: don't vote for him!

 

 

You don't seem to grant the same thing to Trump supporters. It's funny when the candidate you support comes under fire finally because his policies would destroy all entrepreneurial spirit in America that you get butt-hurt about it.

 

No idea what your Trump reference is all about-but Trump is an idiot and dangerous, so one can generalize to his supporters. But as to the entrepreneurial spirit and right wing trickle down b.s., god they've got us to this point, and doin' a darn good job transferring all the wealth in the country to the 1% and hemorrhaging money out of the country into offshore tax havens and the like. God bless the Mur'can entrepreneur!

 

p.s., believe what you will re: Bernie, I'm fairly done arguing with business class apologists--who are the main constituents on this HBoard. The economy functions better from the ground up, when working people have $ in their pockets.

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Specifically, why is trump dangerous? I have a list of reasons, but several of them overlap with sanders. So I'm curious why you support one but not the other.

Trump sets an excellent context for increasing race/religious wars in this country and beyond, since he's pissed off about everyone who is not white and mostly male. What little he has shown as foreign policy, other than the fact that he's generally ignorant, assures a fair amount of hawkish warmongering tendencies, and god forbid he has the nuke codes at his fingertips. He says he's gonna bring back jobs, i.e., manufacturing, but all those trade deals are well down the river and written/enforced by people far above his pay grade. He's a pathological liar, assumes no responsibilty for his bogus words or actions, blames evrybody else. White supremacist groups love him.

 

Uh, well, it's all covered in my "Trumpino" thread.

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I'm still wondering how sanders was able to reduce his taxable income from around $205k to $140k. I know he has a very nice home in his home state, but I assume that's nearly paid off so doubt his interest payment would be in the tens of thousands range. Did the self proclaimed poor man buy a second home? What other deductions is he claiming to get down to only 13.5% effective tax rate?

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I'm still wondering how sanders was able to reduce his taxable income from around $205k to $140k. I know he has a very nice home in his home state, but I assume that's nearly paid off so doubt his interest payment would be in the tens of thousands range. Did the self proclaimed poor man buy a second home? What other deductions is he claiming to get down to only 13.5% effective tax rate?

I dunno, I can see this is keeping you up at nite and I'm sorry for that. Why don't you send him a hand written letter and ask him to explain these matters to you?

 

He prlly has to spend at least 1/2 his time in D.C and that ain't cheap, I assume he isn't sleeping in his office.

 

Hillary makes more in 1 1 hr speech to Goldman Sachs than Bernie makes in a year, so why not go after Hillary. Yeah, I know, "socialist", you just can't get your mind around it, it scares ya.

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I'm still wondering how sanders was able to reduce his taxable income from around $205k to $140k. I know he has a very nice home in his home state, but I assume that's nearly paid off so doubt his interest payment would be in the tens of thousands range. Did the self proclaimed poor man buy a second home? What other deductions is he claiming to get down to only 13.5% effective tax rate?

I dunno, I can see this is keeping you up at nite and I'm sorry for that. He prlly has to spend at least 1/2 his time in D.C and that ain't cheap, I assume he isn't sleeping in his office.

 

Hillary makes more in 1 1 hr speech to Goldman Sachs than Bernie makes in a year, so why not go after Hillary. Yeah, I know, "socialist", you just can't get your mind around it, it scares ya.

He paid $22k in home loan interest last year. But that appears to be from a cash out loan on his home (crazy that we let people deduct the interest on essentially a secured credit card payment).

 

His net worth is somewhere around $500,000.

 

I don't like Hillary either.

 

But more than anything there's something fundamentally wrong with a person paying the same in absolute taxes as someone making almost 50% less than him.

 

Meaning, a person who makes $125,000 pays about $26,000 in federal taxes unless they can reap the benefit of the home deductions, which is a tax break that is disproportionately enjoyed by the wealthy.

 

Bernie and his wife paid about $28,000.

 

This is a prime example of the have nots being forced to subsidize the behavior of the have's. Yet the socialists want to unwittingly expand that unfair and regressive treatment.

 

http://www.taxformcalculator.com/tax/125000.html

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I'm still wondering how sanders was able to reduce his taxable income from around $205k to $140k. I know he has a very nice home in his home state, but I assume that's nearly paid off so doubt his interest payment would be in the tens of thousands range. Did the self proclaimed poor man buy a second home? What other deductions is he claiming to get down to only 13.5% effective tax rate?

I dunno, I can see this is keeping you up at nite and I'm sorry for that. He prlly has to spend at least 1/2 his time in D.C and that ain't cheap, I assume he isn't sleeping in his office.

 

Hillary makes more in 1 1 hr speech to Goldman Sachs than Bernie makes in a year, so why not go after Hillary. Yeah, I know, "socialist", you just can't get your mind around it, it scares ya.

He paid $22k in interest last year. But that appears to be from a cash out loan on his home (crazy that we let people deduct the interest on essentially a secured credit card payment).

 

His net worth is somewhere around $500,000.

 

I don't like Hillary either.

 

But more than anything there's something fundamentally wrong with a person paying less in absolute taxes than someone making almost 50% less than him.

 

Meaning, a person who makes $125,000 pays about $26,000 in federal taxes unless they can reap the benefit of the home deductions, which is a tax break that is disproportionately enjoyed by the wealthy.

 

Bernie and his wife paid about $28,000.

 

This is a prime example of the have nots being forced to subsidize the behavior of the have's. Yet the socialists want to unwittingly expand that unfair and regressive treatment.

 

http://www.taxformcalculator.com/tax/125000.html

 

500K is about 2 Hillary speeches worth.

 

Man, it's really gotten under your skin. I feel for ya.

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