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

[Ray From Cleveland]

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.

Just because people don't qualify for the mortgage tax deduction doesn't preclude them from buying homes. After all, 'It's the American Dream!'

The problem with buying homes today are they're almost all over-priced.

I dumped mine because the taxes were as much as the damn mortgage. Happy I did it...I didn't realize how much work a house was until I stopped doing it.

That is the trend in America today. Great for us landlords. But most give up home ownership because of all the things that break in the home they don't know how to repair or it costs too much to repair.

I'm in a nice apartment-with full garage-for not much more than just my property taxes. Bonus: utility bills are much lower now.

My cousin gave up her house several years ago and is renting a house instead. She said she wished she would have done it much sooner. Her house was falling apart due to her ex husband not being handy or caring about the place.

It's good now, but if the demand becomes too great because of people that don't want the problems with owning a house, rental prices increase; a supply and demand type of thing. My last available rental unit was open last year. It took me time to get it together, so it wasn't ready until the beginning of the year when the weather up north is totally crappy and nobody moves. I couldn't believe the response I got from my Craigslist ad. I must have gotten a dozen replies. I usually don't even get that in the spring.

So I checked out my competition. Some of the prices these landlords were asking was pure robbery. But.....they can get it because of the demand.

 

[TheDude]

$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.

More accurately: interest rates have been so low lately it often simply is not worth it to do so.

Correct. I can no longer itemize, thanks to the housing crisis and incompetence/passing the buck by the hands of an Obama admin. That's cool for me, because I managed around the crisis to come out ahead. As for people claiming it's better to rent, I can only speak for the west...........If you don't own a home or let it go into the dumps, you will fall behind. Perfect example is my situation. I owe 65K on a place worth 450K. Great neihborhood, custom home on a half acre, and 10 minutes to the center of town. My taxes and insurance are $3,800 annually, and despite that my entire mortgage/insurance/tax is $720 monthly. $720 will get you a one bedroom apt.

 

[Rustic]

View attachment 122629

Twitterers respond with how many houses do you need?
Once again, the lack of self awareness of the left is mind boggling.

Sanders Asks How Many Yachts Billionaires Need, Twitter Asks How Many Houses He Needs

The old senile piece of shit is a fucking hypocrite and should be treated as such...
it's no one's business on what other people have and don't have

 

[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.

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.

You aren't proposing to lower rates, douche bag. You only want to eliminate deductions. The net effect is a tax increase.

Go fuck yourself.

See? I told you guys pseudocon tards like bripat wouldn't read the GOP plan!

 

[g5000]

"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!

Homeowners do get to keep more of their money, moron.

Nope. They are paying higher tax rates and higher home prices.

Jesus H. Christ. Read the links I provided so you don't sound like such a retard.

You are being a total rube falling for the hoax which is stealing from you.

 

[g5000]

Sanders believes that the American worker isn't making enough money. That IS true.

That's only half of Sanders' belief system. He also believes rich people don't NEED their money and that it is okay to steal it from them.

 

[g5000]

The operating principle behind a man like Bernie Sanders and the people who support him is the quote I have in my signature by Ronald Reagan: We have so many people who can't see a fat man standing beside a thin one without coming to the conclusion the fat man got that way by taking advantage of the thin one.

 

[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.

More accurately: interest rates have been so low lately it often simply is not worth it to do so.

Depends on the price of the property.

 

[g5000]

Once again, for the willfully stupid and innumerate rubes:


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]

His vacation home was inherited by his wife when her parents died, she swapped it for a cottage closer to where they live so they can utilize it.

Not one of the news articles have ever said inherited, it's all he purchased. But if that's the theme you're going for then why would you insist everyone but him have their inheritance taxed so the wealth can't be just given to someone like...Oh, I don't know maybe a senator who never made a dime on his own and should be the least deserving of any inheritance? Shouldn't the government get that property?

If the yacht had a US flag flying you might be correct, but, say the yacht is flying under one of many foreign flags, the US would have no authority under maritime law.

A Senator NEVER makes a dime on his own?

What yacht? We are talking about the socialist Sanders and his THIRD home. And yes he has never made any money in the private sector. He went from welfare and food stamps to ...well, better welfare with a fancy government title and no work requirement.

He worked for the government. That's a job.

 

[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.

If employees were better paid we'd not have a $20T debt.

It is ill-gotten gains.

How do you figure that????

The middle class where the IRS receives 72% of their collection would have paid more in taxes.

 

[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.

If one has a mortgage they can deduct the interest, no matter what their income is.

I hope you don't do you own taxes!

Personal deductions vs. itemized deductions.

 

[Remodeling Maidiac]

Sanders is arguably a certifiable loon.

 

[OnePercenter]

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.

Sanders believes that the American worker isn't making enough money. That IS true.

Then it's up to the American worker to do something about that--not the government.

Except the American worker has a HUGE problem. Republicans and their ignorant middle class followers.

 

[OnePercenter]

I would object...I do not want to lose the pay!

Perhaps you misunderstood. My idea is for Americans to work 4-10 hour days instead of 5-8 hour days. If you put in OT, then of course that has to be considered. Companies that work 6-8 hour days could be cut to 5-10 hour days and so on.

It couldn't apply to everybody just like 5-8 hour days we have today, but 5-8 hour days are considered the standard that the majority live by.

I haven't worked an 8 hour day in ten years.

Well like I said, one rule can't apply to everybody just like it doesn't apply to everybody today. But for those that do work 5-10 hour days, I think it would be great to change that standard.

Are you paid for all 50 hours, or is your employer taking advantage of you?

What???? What does that have to do with what I was talking about? Explain please.

If you are paid 40 hours plus 10 hours overtime why would one complain?

 

[12icer]

His vacation home was inherited by his wife when her parents died, she swapped it for a cottage closer to where they live so they can utilize it.

"
Bernie Sanders Buys His Third House
The perpetually aggrieved Vermont senator helps himself to a modest lakefront property."

Bernie Sanders Buys His Third House

The guy is a hypocrite and there is nothing you can say or do to change it.

Don't stop there --- explain.

No need to explain liberal hypocrisy it is evident in every thing they do or say.

 

[OnePercenter]

"Vermont magazine Seven Days reported Tuesday that the 74-year-old senator and his wife, Jane Sanders, have purchased a four-bedroom house on the shore of Lake Champlain for roughly $600,000. Jane told Seven Days that they had recently sold a house in Maine that had belonged to her family since the 1900s, and used the proceeds to purchase the new property, which is located in North Hero (population 803, as of the 2010 census). With this purchase, Sanders now owns at least three houses, the others being in Burlington, VT, and Capitol Hill in D.C."

One must always remember that the people advocating things like socialism never intend it for themselves. Just us lil folk.

Of course. The Socialist/ Communist way is for nobody to have money except for people in government.

Doesn't the company you work have any directly or indirectly publicly funded contracts? That would make you one of the people you hate.

No, we don't. All our customers are private businesses just like us.

None of those private businesses benefit directly or indirectly publicly funded contracts?

Any Enterprise Zones?

 

[Ray From Cleveland]

Perhaps you misunderstood. My idea is for Americans to work 4-10 hour days instead of 5-8 hour days. If you put in OT, then of course that has to be considered. Companies that work 6-8 hour days could be cut to 5-10 hour days and so on.

It couldn't apply to everybody just like 5-8 hour days we have today, but 5-8 hour days are considered the standard that the majority live by.

I haven't worked an 8 hour day in ten years.

Well like I said, one rule can't apply to everybody just like it doesn't apply to everybody today. But for those that do work 5-10 hour days, I think it would be great to change that standard.

Are you paid for all 50 hours, or is your employer taking advantage of you?

What???? What does that have to do with what I was talking about? Explain please.

If you are paid 40 hours plus 10 hours overtime why would one complain?

It has nothing to do with overtime or anybody complaining. My comment was that instead of working 5-8 hour days, we would be better off working 4-10 hour days. That's all.

 

[Ray From Cleveland]

"Vermont magazine Seven Days reported Tuesday that the 74-year-old senator and his wife, Jane Sanders, have purchased a four-bedroom house on the shore of Lake Champlain for roughly $600,000. Jane told Seven Days that they had recently sold a house in Maine that had belonged to her family since the 1900s, and used the proceeds to purchase the new property, which is located in North Hero (population 803, as of the 2010 census). With this purchase, Sanders now owns at least three houses, the others being in Burlington, VT, and Capitol Hill in D.C."

One must always remember that the people advocating things like socialism never intend it for themselves. Just us lil folk.

Of course. The Socialist/ Communist way is for nobody to have money except for people in government.

Doesn't the company you work have any directly or indirectly publicly funded contracts? That would make you one of the people you hate.

No, we don't. All our customers are private businesses just like us.

None of those private businesses benefit directly or indirectly publicly funded contracts?

Any Enterprise Zones?

HTF would I know that? I work for a delivery service and all our customers are private industry--not government contracts.

 

[OnePercenter]

View attachment 122629

Twitterers respond with how many houses do you need?
Once again, the lack of self awareness of the left is mind boggling.

Sanders Asks How Many Yachts Billionaires Need, Twitter Asks How Many Houses He Needs

Dude, he's a socialist.

Did you say something about lack of awareness?

You do realize that yachts are a tax dodge. They're an excellent way to bring monies to the US without paying tax.

You mean something like what John Kerry did?

No at all. Kerry's yacht broker who charters his boat when he wasn't using it to off-set the costs moved the boat to their location. Nothing illegal, just perceived illegal by the deceivers and eaten up by the ignorant.

I never said it was illegal. He did store his boat where the taxes were cheaper.

His yacht broker did because it was placed in charter.