Arianrhod
Gold Member
- Jul 24, 2015
- 11,060
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Complicated Tax plan. Too much to paste! a quick snip of highlight....no to mention new brackets.
Details and Analysis of Senator Bernie Sanders’s Tax Plan
Limits the value of additional itemized deductions to 28 percent for households with income over $250,000. *******WTH? how you supposed to plan for that?
Payroll Tax Changes
Creates a new 6.2 percent employer-side payroll tax on all wages and salaries. This is referred to by the campaign as an “income-based health care premium paid by employers.”
Creates a 0.2 percent employer-side payroll tax and 0.2 percent employee-side payroll tax, to fund a new family and medical leave trust fund.
Applies the Social Security payroll tax to earnings over $250,000, a threshold which is not indexed for wage inflation.
Any possibility you might post the actual tax plan instead of an analysis of the tax plan you didn't post?