Sanders Tweets 'How Many Yachts Do Billionaires Need? How Many Cars?

[g5000]

A Better Way: Tax Reform (Individual)

 

[g5000]

https://abetterway.speaker.gov/_assets/pdf/ABetterWay-Tax-PolicyPaper.pdf

Many of these tax preferences, sometimes referred to as “tax expenditures,” are special-interest giveaways that are masked as tax breaks instead of direct grants. For fiscal year 2016, such “spending” through the tax code amounts to more than $1.4 trillion, or almost three-fourths of the amount of revenue raised by the entire Federal income tax. When Washington picks winners and losers with the tax code, the American people ultimately pay higher tax rates and keep less of their hard-earned money.

 

[OnePercenter]

$1.4 trillion in annual tax expenditures. That is by far the biggest reason we have a $20 trillion debt, and Republicans are more guilty of putting them in the tax code than Democrats. It's a way to raise debt and taxes undetected by the ignorant herd which has been convinced they are getting to keep more of their own money when in fact they are being robbed.

If a man builds a better mousetrap, he deserves every dollar he earns. Bernie Sanders considers that person to be the thief, and Sanders believes that entrepreneur should be severely punished.

That kind of wealth is beautiful and good. Sanders and his envious leeches wants you to bleev it is ill-gotten gains.

But there is an entirely different kind of wealth concentration which has been occurring for quite some time now right under your noses. This kind of wealth concentration is achieved through legislation which tilts the playing field to the advantage of sclerotic special interests who can no longer compete on a level playing field.

And these thieves have all the legal protections of the State to rob you blind.

"Tax expenditure" is a euphemism used by tax and spend left-wingers to raise your taxes. It's propaganda. According to g5000, if you get a tax deduction for your mortgage, you're a thief who is robbing the food used to feed children. Notice that the "tax expenditure" cranks do now want their changes in the tax code to be revenue neutral. They want to eliminate the deductions without any corresponding reduction in the rates.

It's all a scam by big government douche bags.

Eighty percent of American workers don't get paid enough to deduct mortgage interest.

 

[g5000]

https://abetterway.speaker.gov/_assets/pdf/ABetterWay-Tax-PolicyPaper.pdf

Numerous other exemptions, deductions, and credits for individuals riddle the tax code, making it less fair for those who cannot take advantage of such provisions and more complicated for everyone. These special-interest provisions require higher tax rates to compensate for the lost revenue, thus raising taxes on others and hurting the economy by reducing the incentives to work, save, and invest.

 

[g5000]

I've said it hundred times on this forum if I've said it once. These pseudocon tards don't know a conservative principle when one bites them in the ass.

Eliminating tax expenditures is a core conservative principle. One which was propounded by at least FOUR of the GOP candidates in this last election.

But the pseudocon tards chose the huckster instead. Because Mexicans and because Muslims.

 

[g5000]

$1.4 trillion in annual tax expenditures. That is by far the biggest reason we have a $20 trillion debt, and Republicans are more guilty of putting them in the tax code than Democrats. It's a way to raise debt and taxes undetected by the ignorant herd which has been convinced they are getting to keep more of their own money when in fact they are being robbed.

If a man builds a better mousetrap, he deserves every dollar he earns. Bernie Sanders considers that person to be the thief, and Sanders believes that entrepreneur should be severely punished.

That kind of wealth is beautiful and good. Sanders and his envious leeches wants you to bleev it is ill-gotten gains.

But there is an entirely different kind of wealth concentration which has been occurring for quite some time now right under your noses. This kind of wealth concentration is achieved through legislation which tilts the playing field to the advantage of sclerotic special interests who can no longer compete on a level playing field.

And these thieves have all the legal protections of the State to rob you blind.

"Tax expenditure" is a euphemism used by tax and spend left-wingers to raise your taxes. It's propaganda. According to g5000, if you get a tax deduction for your mortgage, you're a thief who is robbing the food used to feed children. Notice that the "tax expenditure" cranks do now want their changes in the tax code to be revenue neutral. They want to eliminate the deductions without any corresponding reduction in the rates.

It's all a scam by big government douche bags.

Eighty percent of American workers don't get paid enough to deduct mortgage interest.

That's right. The more wealth you have, the bigger the government gift you get from the MID.

The MID adds an average of 13 percent to the price of your house. And who benefits from higher home prices?

The builders, the banks, and the brokers. That's why they spend so much money on lobbying and campaign contributions to keep the MID alive.

 

[g5000]

Why Now's the Time to Kill the Mortgage Interest Deduction

Proponents of the deduction argue that it's a key component to keeping home prices up.

Do you hear that? An open admission the deduction drives up the cost of housing!

As much as homebuilders argue that eliminating the deduction would hurt them, economists agree that the biggest impact would be on the highest-priced homes, with more reasonably priced real estate seeing little or no impact from getting rid of the deduction.

Homebuilders whining about losing their government tit.

 

[OnePercenter]

$1.4 trillion in annual tax expenditures. That is by far the biggest reason we have a $20 trillion debt, and Republicans are more guilty of putting them in the tax code than Democrats. It's a way to raise debt and taxes undetected by the ignorant herd which has been convinced they are getting to keep more of their own money when in fact they are being robbed.

If a man builds a better mousetrap, he deserves every dollar he earns. Bernie Sanders considers that person to be the thief, and Sanders believes that entrepreneur should be severely punished.

That kind of wealth is beautiful and good. Sanders and his envious leeches wants you to bleev it is ill-gotten gains.

But there is an entirely different kind of wealth concentration which has been occurring for quite some time now right under your noses. This kind of wealth concentration is achieved through legislation which tilts the playing field to the advantage of sclerotic special interests who can no longer compete on a level playing field.

And these thieves have all the legal protections of the State to rob you blind.

"Tax expenditure" is a euphemism used by tax and spend left-wingers to raise your taxes. It's propaganda. According to g5000, if you get a tax deduction for your mortgage, you're a thief who is robbing the food used to feed children. Notice that the "tax expenditure" cranks do now want their changes in the tax code to be revenue neutral. They want to eliminate the deductions without any corresponding reduction in the rates.

It's all a scam by big government douche bags.

See? The tards have been convinced they are getting to keep more of their money! What a beautiful scam.

What innumerate tards like bripat don't get is that every tax deduction, credit, or exemption HAS TO BE MADE UP FOR WITH HIGHER TAX RATES.

That's right. They are no different than food stamps. They are government gifts paid for by every taxpayer. Our rates are as high as they are because of the $1.4 trillion in government gifts these poor dumb bastards take.

And when you read the current Republican individual and business tax reform plans, they make this fact very, very clear.

Tards like bripat obviously have not gotten the memo.

Except $1.00 in social welfare equates to $1.70 in the economy, whereas $1.00 spent in corporate welfare equates to ZERO in the economy. I see nothing wrong with social welfare, but I'd like to see a $15.00 national minimum wage.

 

[g5000]

How Would Reforming the Mortgage Interest Deduction Affect the Housing Market?

One widely cited 1996 study by Dennis Capozza, Richard Green, and Patric Hendershott estimated that eliminating the mortgage interest and property tax deductions would reduce housing prices in the short term by an average of 13 percent nationwide, with regional changes ranging from 8 to 27 percent.

 

[g5000]

The $1.4 trillion tax expenditure hoax: "I get to keep more of my own money!"

You are paying more for your house, and thus making the builder richer at your expense. You are borrowing more from the bank, and thus paying more interest to the bank.

And EVERYONE is paying higher tax rates.

You are NOT getting to keep more of your own money. Tax expenditures are a MASSIVE government wealth transfer scheme up the food chain.

And that, boys and girls, is how wealth gets UNNATURALLY concentrated into the hands of the few.

That's not capitalism. That's not free enterprise. That is thievery.

 

[OnePercenter]

I've said it hundred times on this forum if I've said it once. These pseudocon tards don't know a conservative principle when one bites them in the ass.

Eliminating tax expenditures is a core conservative principle. One which was propounded by at least FOUR of the GOP candidates in this last election.

But the pseudocon tards chose the huckster instead. Because Mexicans and because Muslims.

Conservative principles are the cause of the middle class financial hardships.

 

[OnePercenter]

$1.4 trillion in annual tax expenditures. That is by far the biggest reason we have a $20 trillion debt, and Republicans are more guilty of putting them in the tax code than Democrats. It's a way to raise debt and taxes undetected by the ignorant herd which has been convinced they are getting to keep more of their own money when in fact they are being robbed.

If a man builds a better mousetrap, he deserves every dollar he earns. Bernie Sanders considers that person to be the thief, and Sanders believes that entrepreneur should be severely punished.

That kind of wealth is beautiful and good. Sanders and his envious leeches wants you to bleev it is ill-gotten gains.

But there is an entirely different kind of wealth concentration which has been occurring for quite some time now right under your noses. This kind of wealth concentration is achieved through legislation which tilts the playing field to the advantage of sclerotic special interests who can no longer compete on a level playing field.

And these thieves have all the legal protections of the State to rob you blind.

"Tax expenditure" is a euphemism used by tax and spend left-wingers to raise your taxes. It's propaganda. According to g5000, if you get a tax deduction for your mortgage, you're a thief who is robbing the food used to feed children. Notice that the "tax expenditure" cranks do now want their changes in the tax code to be revenue neutral. They want to eliminate the deductions without any corresponding reduction in the rates.

It's all a scam by big government douche bags.

Eighty percent of American workers don't get paid enough to deduct mortgage interest.

That's right. The more wealth you have, the bigger the government gift you get from the MID.

The MID adds an average of 13 percent to the price of your house. And who benefits from higher home prices?

The builders, the banks, and the brokers. That's why they spend so much money on lobbying and campaign contributions to keep the MID alive.

What is 'MID?'

 

[g5000]

So fuck Bernie Sanders. The solution to a thief who has police protection is not to raise taxes on the guy with the bigger house.

That's sheer stupidity and will only exacerbate the problem.

 

[g5000]

$1.4 trillion in annual tax expenditures. That is by far the biggest reason we have a $20 trillion debt, and Republicans are more guilty of putting them in the tax code than Democrats. It's a way to raise debt and taxes undetected by the ignorant herd which has been convinced they are getting to keep more of their own money when in fact they are being robbed.

If a man builds a better mousetrap, he deserves every dollar he earns. Bernie Sanders considers that person to be the thief, and Sanders believes that entrepreneur should be severely punished.

That kind of wealth is beautiful and good. Sanders and his envious leeches wants you to bleev it is ill-gotten gains.

But there is an entirely different kind of wealth concentration which has been occurring for quite some time now right under your noses. This kind of wealth concentration is achieved through legislation which tilts the playing field to the advantage of sclerotic special interests who can no longer compete on a level playing field.

And these thieves have all the legal protections of the State to rob you blind.

"Tax expenditure" is a euphemism used by tax and spend left-wingers to raise your taxes. It's propaganda. According to g5000, if you get a tax deduction for your mortgage, you're a thief who is robbing the food used to feed children. Notice that the "tax expenditure" cranks do now want their changes in the tax code to be revenue neutral. They want to eliminate the deductions without any corresponding reduction in the rates.

It's all a scam by big government douche bags.

Eighty percent of American workers don't get paid enough to deduct mortgage interest.

That's right. The more wealth you have, the bigger the government gift you get from the MID.

The MID adds an average of 13 percent to the price of your house. And who benefits from higher home prices?

The builders, the banks, and the brokers. That's why they spend so much money on lobbying and campaign contributions to keep the MID alive.

What is 'MID?'

Mortgage Interest Deduction.

The MID alone transfers an extra $80 billion to homebuilders and bankers out of the pockets of homeowners.

Every year.

And the ignorant herd has been fooled into bleeving they are getting to keep more of their own money. Jesus!

 

[g5000]

I provided a link to the 35 page Republican tax reform plan many times on this forum, including above in this topic.

Not one pseudocon will read it. Because it is longer than a tweet.

They have never read it. Ever.

And they will continue to parrot the $1.4 trillion lie.

 

[g5000]

"How many yachts do billionaires need?"

Liberals with commie tendencies throw the word "need" around quite carelessly.

How much midget porn does anyone need?

How many TVs does a person need?

How many pets do you need?

You want to go down this road, commies? Bring it!

 

[Cellblock2429]

I disagree with Sanders...As long as they pay their taxes and workers then they should have a thousand with all I care.

It isn't about being rich that is the problem! The problem is treasonous outsourcing, tax offshoring and fucking over their workers.

/---- why won't Hillary pay her female works as much as the men ?

 

[Ray From Cleveland]

$1.4 trillion in annual tax expenditures. That is by far the biggest reason we have a $20 trillion debt, and Republicans are more guilty of putting them in the tax code than Democrats. It's a way to raise debt and taxes undetected by the ignorant herd which has been convinced they are getting to keep more of their own money when in fact they are being robbed.

If a man builds a better mousetrap, he deserves every dollar he earns. Bernie Sanders considers that person to be the thief, and Sanders believes that entrepreneur should be severely punished.

That kind of wealth is beautiful and good. Sanders and his envious leeches wants you to bleev it is ill-gotten gains.

But there is an entirely different kind of wealth concentration which has been occurring for quite some time now right under your noses. This kind of wealth concentration is achieved through legislation which tilts the playing field to the advantage of sclerotic special interests who can no longer compete on a level playing field.

And these thieves have all the legal protections of the State to rob you blind.

"Tax expenditure" is a euphemism used by tax and spend left-wingers to raise your taxes. It's propaganda. According to g5000, if you get a tax deduction for your mortgage, you're a thief who is robbing the food used to feed children. Notice that the "tax expenditure" cranks do now want their changes in the tax code to be revenue neutral. They want to eliminate the deductions without any corresponding reduction in the rates.

It's all a scam by big government douche bags.

Eighty percent of American workers don't get paid enough to deduct mortgage interest.

So that means only 20% do? Well then........ if there is any truth to that, I should be rolling in the money since the 80% are on rent or some sort of alternative living, because anybody paying a mortgage currently gets that tax write-off. People should be pounding my door down to get an apartment at any price.

 

[OnePercenter]

I provided a link to the 35 page Republican tax reform plan many times on this forum, including above in this topic.

Not one pseudocon will read it. Because it is longer than a tweet.

They have never read it. Ever.

And they will continue to parrot the $1.4 trillion lie.

Here's my plan where everyone wins....


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2017 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 1000 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2017 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

My plan would reduce small business costs for employees and taxes to 30%. That's a 15%-30% drop.

My plan would put BILLIONS into the economy daily.

My plan would put the $100 trillion plus currently owned by corporate America back into the economy.

My plan would end all welfare.

My plan would significantly increase social security and pension payments.

My plan would hold prices for 10 years, thus eliminating inflation.

 

[TheDude]

All I can say is thank our GOD this symbol of hypocrisy and weakness wasn't elected POUS. Can you imagine our state of affairs in 4-8 years with this guy? If you want everything that doesn't work and nothing accomplished, Sanders is an ideal candidate.