TIP: Click on subject to list as thread! ANSI
echo: fidonews
to: ALLEN PRUNTY
from: JANIS KRACHT
date: 2016-05-30 10:40:00
subject: RE: Bashing US Dictators

Hi Allen,

>> Yes. I agree there...Trump is definitely the wrong path, according to
>> what I've read..

>The problem is Janis... they all are wrong path... some of them are more wrong
> path than others but none of them are truly what America needs right now.

> ALL THREE Candidates have good ideas.  I went to EVERY candidates rally when
>they came to Louisville.

That's neat, what a great opportunity to get to hear the candidates "up close".

>  Trump is right on energy and his medical sounds good

President Obama at least has persuaded major polluting countries such as China
to listen to scientists and move with the United States toward cuts in
emissions... Future generations will suffer if Mr. Trump succeeds in reversing
progress made in that area... As far as Trump's medical plans go, I'd have to
check that out further.  I'm not sure where he stands on that 'currently" or
how he figures to pay for it.

> Hillary does have more foreign state experience...

I cannot name anything she's been successful in during the time she was
Secretary of state... 

>can't deny that, but
>working as a government IT director for a law enforcement department, I know
>the laws, regulations, and the do's and do nots of maintaining a government e-
> mail server.  I was badge carryign and unfortunately I internally arrested
> people for less than what she's done.

I believe it...and her most recent feigned innocence of not knowing the law is
ridiculous.

>Bernie seems like a kind old man, and his heart is in the right place.  I even
> shook his hand and after telling him my diabetic plight he said "you'll never
> again worry about that with me."  But where is he going to get all that
> money... you can only tax the rich so much until they are as broke as I am.

His plan to pay for expanding Medicare for everyone in the United States is
multi-faceted actually.  He is going to tax Wall Street speculators, amongst
other things:

from https://berniesanders.com/issues/medicare-for-all/

"This plan has been estimated to cost $1.38 trillion per year."

The Plan Would Be Fully Paid For By:

# A 6.2 percent income-based health care premium paid by employers.
  Revenue raised: $630 billion per year.

# A 2.2 percent income-based premium paid by households.
   Revenue raised: $210 billion per year.This year, a family of
   four taking the standard deduction can have income up to
   $28,800 and not pay this tax under this plan.

   A family of four making $50,000 a year taking the standard deduction
   would only pay $466 this year.

# Progressive income tax rates.
  Revenue raised: $110 billion a year.Under this plan the marginal
  income tax rate would be:
  37 percent on income between $250,000 and $500,000.
  43 percent on income between $500,000 and $2 million.
  48 percent on income between $2 million and $10 million. (In 2013, only
     113,000 households, the top 0.08 percent of taxpayers, had income
     between $2 million and $10 million.)
  52 percent on income above $10 million. (In 2013, only 13,000
      households, just 0.01 percent of taxpayers, had income exceeding $10
      million.)

 #Taxing capital gains and dividends the same as income from work.
  Revenue raised: $92 billion per year.Warren Buffett, the second wealthiest
  American in the country, has said that he pays a lower effective tax rate
  than his secretary. The reason is that he receives most of his income from
  capital gains and dividends, which are taxed at a much lower rate than income
  from work. This plan will end the special tax break for capital gains and
  dividends on household income above $250,000.

#Limit tax deductions for rich.
 Revenue raised: $15 billion per year. Under Bernie's plan, households
 making over $250,000 would no longer be able to save more than 28 cents
 in taxes from every dollar in tax deductions. This limit would replace
 more complicated and less effective limits on tax breaks for the rich
 including the AMT, the personal exemption phase-out and the limit on
 itemized deductions.

#The Responsible Estate Tax.
 Revenue raised: $21 billion per year.This provision would tax
 the estates of the wealthiest 0.3 percent (three-tenths of 1 percent) of
 Americans who inherit over $3.5 million at progressive rates and close
 loopholes in the estate tax.


#Savings from health tax expenditures.
 Revenue raised: $310 billion per year. Several tax
 breaks that subsidize health care (health-related "tax
 expenditures") would become obsolete and disappear
 under a single-payer health care system, saving $310
 billion per year.

Most importantly, health care provided by employers is compensation that is not
subject to payroll taxes or income taxes under current law. This is a
significant tax break that would effectively disappear under this plan because
all Americans would receive health care through the new single-payer program
instead of employer-based health care.
===


> I'm sorry... this year I just see doom clouds all around.

Nah, I'm hoping things work out well for Bernie..

Take care,
Janis

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