“what we will do is have a four percent tax on income exempting the first $29,000”
Legal Insurrection:
Bernie Sanders likes to talk about making billionaires pay their fair share. But he recently admitted that as far as taxes are concerned, he is coming after pretty much everyone.
During a campaign event in New Hampshire, Sanders revealed that he wants to raise taxes on low-income Americans.
I think 4% is a reasonable federal tax. Should cover defense and basic infrastructure.
That’s it, right? Just the 4%?
Under Bernie’s plan, the first $ 2.00 is tax free. The rest is subject to 75% tax rate.
His idea of your “fair share” is not the same as his.
He will partner with Justice Roberts to declare that all private money is 100% tax money and therefore belongs solely to the Government for its use and abuse!
In his defense, he can’t just tax the rich, since half-way through his first term, there will be no more rich.
Sanders is a bad joke. He’s bought off by Hillary Clinton, never worked an honest job in his life, now he wants to remain in the swamp elite but impoverished the rest of us.
I never felt so rich.
I’m sure it’s just wild coincidence that raising the minimum wage to $15 an hour is an annual income of right around $29000. A 4% jump in the annual tax rate is an ADDITIONAL $2400 for a $60000 income. You’ll pay an extra $200 a month so illegals can get free health insurance. Meanwhile, the entire medical system will turn to shite like in Canada and the UK. Isn’t that nice of Boinee?