A warning from Bernie Sanders to America
- Thread starter nottyboi
- Start date
We blame them for cheating the rules to get rich and stay rich.
Nobody expects them to give their money away, that's what taxes are for.
Tax them, make them pay the same tax rate as teachers and cops.
Bernie is decades late. America is already an oligarch country.
What some of you are not understanding is when you gut the middle class of America, you basically won't have an America.
What some of you are not understanding is when you gut the middle class of America, you basically won't have an America.
Not all Billionaire started from scratch. In fact, most had a big head start in life.
So they were born into it. Who cares, good for them.
Who cares? well, the 300 million people who work but can't make ends meet.
The country, the society has to work for everyone.
You are dreaming. There will always be different economic "classes". Accept it and move on with your life.
No dream. This is very real.
Your whole economic model is based on the middle class being prosperous. If they continue to get poorer, what are you going to do? You're no better than a 3rd world country.
Look at this thread made yesterday. China spends billions to improve the country for everyone.
In America, they are still using rail infrastructure from 1890's.
Better watch out what you accept and move on with.
Billionaires used to be taxed at a higher rate in the USA in the 1950s. Much higher. There was much less inequality then.
However, the USA tax code was written to favor the hedge fund types, who get their income taxed as capital gains not earned income as those of us who get fortnightly paycheques do. Since Reagan almost all the changes in USA tax code have favoured the very wealthy. So it was rigged. I begrudge no rich people and most of them I can admire and say "good on ya".
Folks like Warren Buffet and Michael Bloomberg have talked alot about how taxes are bent to their favour.
However, the USA tax code was written to favor the hedge fund types, who get their income taxed as capital gains not earned income as those of us who get fortnightly paycheques do. Since Reagan almost all the changes in USA tax code have favoured the very wealthy. So it was rigged. I begrudge no rich people and most of them I can admire and say "good on ya".
Folks like Warren Buffet and Michael Bloomberg have talked alot about how taxes are bent to their favour.
Reagan was a disaster. The famous trickle down theory. In the long run the trickle downed towards moving production abroad. Paying pennies abroad so more could go down to the pocket of a few.
Now some orange idiot politicians is capable to make his monkey followers believe tjat these jobs will come back
why?
capitalism and access to affordable reliable energy have done a great job of reducing world wide abject poverty
Extreme poverty: How far have we come, and how far do we still have to go?
The world has made immense progress against extreme poverty, but it is still the reality for almost one in ten people worldwide.
ourworldindata.org
if you were really concerned about inequality you would focus on the 8% left hand tail instead of the miniscule right hand green tail
but no
you and the loonie left liberals want to restrict access to fossil fuels kill innovation and turn the 8% red into 58% red
Medical bills account for 40% of bankruptcies - PMC
pmc.ncbi.nlm.nih.gov
This says at least 40%
However there is a lot of not reporting reasons, so they think 50% up to 60+% is actually happening.
And yes is does happen quite regularly. Deductibles alone are now as high as $14,000. Then coverage denial comes in, drug costs, copays, no insurance and more. Also trying to protect spouses.
Sorry dude, it's nasty down there. And btw medical results in job losses, extra loans on mortgages and yes, loaning money to family to save their lives. Would you let let your kid die? Think about it.
so if this is true ( I am skeptical) then the Canadian Governments (Provincial / Federal) are assuming all that bankruptcy risk for the benefit of approx. 50,000 Canadians (assuming a 10:1 US / CAD) >> how long before Canada govts become bankrupt?
Canadas universal health care system is not sustainable and the moron Justin Trudeau & irresponsible provincial liberal / NDP govts has accelerated the time line for its demise
500,000 is 0.015% of the population
not at all sufficient to demand the remaining 99.85% of the population immunize this tiny group from theses bankruptcies
that is what health care insurance premiums are for
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Per year. Which means since 1999 that's 12.5 MILLION. And that is the number of bankruptcies, not the number of people affected by it. You can easily triple it by adding spouses and children. Suddenly in the last 25 years that's 10% of the population who experienced this.
Then on top if that how many didn't go bankrupt but we're severely affected. Retirement savings wiped out. Home had to be sold. Divorced to protect spouses.
And as to why this doesn't affect universal healthcare it's simple. We have a price schedule and no price gouging. They will charge 100 bucks for a Tylenol, 25 bucks per diaper to a new mother, and so many other egregious charges Hollywood would be accused of bad writing if they put it in a movie. 300 for an insulin module that costs 30 bucks here. Same brand.
Ask any American of average means what they prefer. They will happily tell you Canada, warts and all. We have problems too. But ours are solvable.
And btw healthcare premiums have continued to skyrocket. With deductibles up to $14,000. And denial rates average 16%. You think that is a good thing?
the mortality rate in the US is 0.75% per year vs bankruptcy rate of 0.015%
spouses and children are certainly affect by death
you can not protect the public against adverse life events
you can not protect the public against adverse life events
what you call price schedule and no price gouging is really government subsidies
again the risk is borne by govt in Canada
the average American knows diddly squat about Canada let alone our health care system or taxation regime
no it is not solvable and you will sadly get to observe this
an aging demographic, higher than CPI inflation for heath care equipment and materials and excessive govt debt will ensure universal health care is unsustainable
no it is not a good thing
which is exactly why the govt should not be assuming the risk
if Elon Musk , Bill Gates or Jeff Bezos double their wealth does it change your wealth ? NO !
if Elon Musk or Bill Gates Jeff Bezos wealth gets cut in 1/2 does it change your wealth ? NO !
you on the other hand have benefited immensely from the products, services provided by billionaires / millionaires
spite is a terrible foundation for policy making
its the other way around
everyone has to work for the benefit of the country / society
See the difference in opinion is simple. I think healthcare is a human right. And you don't. You think that everything should have have a profit motive. I don't.
I don't think a child should when treatment is available, be allowed to suffer or die, because profit is more important.
I'm not sure you even realize that is what you are being an advocate for.
Depends.
How much are they paying in taxes?
Where will this tax revenue go?
How do we benefit immensely from this?
Spite is when you cut the American working class out the process and the wealth, for your own gain.
The vast majority already do this.
It's the rich that don't care. When it all crashes, the rich can pick-up and move anywhere in the world.
Give the money? What do you mean by "give"?
No one forces you to use their products & services.
You think they're the problem?
Ok let's walk this through...
What if you managed to convinced everyone to stop using Amazon completely.
Tell us what would happen and how that would fix the problem you've been conditioned to believe is caused by successful people.
