Commerce and limited government are the best tools for alleviating poverty.

For more: http://www.libertarianism.org/media/around-web/what-motivated-adam-smith

So, allow me to drop some knowledge on ya
  • <p><b></b> $795 billion?! That is what? Still less than 1/7th the cost of the Iraq war will cost American taxpayers.<p/><b></b> Also the estimated total price of free education is $80 billion over ten years, so $8 billion a year. Lets see with 122 million Americans paying Federal taxes that is about $0.18/day/person. Oh my god, $65.70/year to pay for college so OUR society is EDUCATED, which will in turn make America great again.<p/><b></b> The sign of a successful society is an educated society. As of right now even if you get a degree in Electrical Engineering you may still become a Mc'Donald's manager or a secretary.<p/><b></b> Even still, it will be people who trade on Wall St. that pay 0.5% tax on every transaction to pay for this. If you don't want to pay for people's college then don't gamble on Wall St.<p/><b></b> Gerald Friedman, who has a PhD in economics from Harvard University, has independently analyzed all of Bernie Sanders proposals and it will actually save us $5 trillion, while also reducing our federal deficit by $2.9 trillion. It's worth noting that there are 810 economists, including 210 who have PhD's in economics, and 7 Nobel Prize Laureate economists, who agree with Bernie Sanders proposals.<p/><b></b> Let's discuss Sanders "free stuff"<p/><b></b> Free college for all?<p/><b></b> Tuesday, May 19, 2015, Sanders introduced legislation to help make public 4-year colleges and universities tuition free, called the "College for All Act."<p/><b></b> Funding for this legislation would come from a 0.5% tax on stock trades, a 0.1% tax on bonds, and a 0.005% tax on derivatives. "It has been estimated that this provision could raise hundreds of billions a year."<p/><b></b> Universal Healthcare?<p/><b></b> Funding for this bill would be paid by a 6.7% payroll tax on employers a, 2.2% - 5.2% income tax on employees (dependent on income bracket from less than $200k a year to over $600k a year), an 5.4% tax on modified adjusted gross income exceeding $1 million, and a .02% tax on securities transactions.<p/><b></b> It is also worth noting that with all the programs Bernie bill would eliminate, the costs of those programs would essentially transfer to Bernie's health program, providing additional funding.<p/><b></b> Green energy initiatives?<p/><b></b> Funding for this proposal would be paid on $20 carbon tax per ton of carbon emissions, rising by 5.6% per year over 10 years.<p/><b></b> "This fee would apply to only 2,869 of the largest fossil fuel polluters, covering about 85 percent of U.S. greenhouse gas emissions, according to the Congressional Research Service. The Congressional Budget Office estimates this step alone could raise $1.2 trillion in revenue over ten years and reduce greenhouse gas emissions approximately 20 percent from 2005 levels by 2025." (bill summary)<p/><b></b> Imported fuels would be charged the same carbon free, unless the exporting country has a similar climate program and already charges a fee on carbon. The bill would also end fossil fuel subsidies. From this, "approximately $300 billion would go to debt reduction over ten years".<p/><b></b> Increased wages?<p/><b>This bill proposes the follow wage adjustments:</b> <p/><b></b> + Minimum wage - $9 in 2016, $10.50 in 2017, $12.00 in 2018, $13.50 in 2019, and $15 in 2020.<p/><b></b> + Tipped min wage - $3.15 in 2016, then increased $1.50 each year until matching standard minimum.<p/><b></b> + Youth min wage - can be no less than $3.00 less the standard minimum.<p/><b>Bernie Sanders also has proposals to reduce the deficit. These include:</b> <p/><b></b> + End offshore tax havens<p/><b></b> + Establish .03% tax on Wall Street speculators<p/><b></b> + End tax breaks and subsides for big oil, gas, and coal companies<p/><b></b> + Establish as estate tax on inherited wealth over more than $3.5 million<p/><b></b> + Tax capital gains and dividends the same as work<p/><b></b> + Repeal 2001 and 2003 Bush tax breaks for the top two percent<p/><b></b> + Establish a currency manipulation fee on China and other countries<p/><b></b> + Reduce unnecessary spending at the Pentagon<p/><b></b> + Require Medicare to negotiate for drug prices<p/><b></b> + End mass incarceration (costs billions of dollars a year)<p/><b></b> Bernie is the only candidate who is talking about the issues affecting the world right now. Everyone else is pandering to the fear mongers, manufacturing false issues or vowing to make things worse in order to satisfy their lobbyists.<p/><b></b> If you don't like socialism; stop driving on roads, sending your kids to public school,using emergency services, libraries, parks, and many more of the socialist programs.<p/></p>
  • <i><b> PLEASE DO NOT EDIT AND/OR REMOVE THE INFORMATION IN THIS</b> </I>
Bernie explains how raised taxes saves families thousands in health costs

Voter: “Senator Sanders, the first thing I hear about you is you’re going to raise taxes on the middle class. I support my family on a salary of $41,000 a year. I’m wondering, if you raise my taxes, how does that help me?”

Bernie Sanders: “Thanks very much for that good question. This is what we are going to do. The United States is the only major country on Earth that doesn’t guarantee health care to all people, and we end up spending far, for more per capita on health care as the people of any other country; Canada, UK, France, whatever. What we are gonna fight for is a Medicare-for-all, single-payer program which will provide comprehensive health care for your family and every family in America. So let me tell you what we do. We raise your taxes, you’re in about the middle of the economy, about 500 bucks, but you know what we’re gonna do for health care? We’re gonna reduce your health care costs by about $5,000. So you’re gonna pay a little bit more in taxes but you’re no longer gonna have to pay private health insurance premiums. Now I’ve been criticized for this, but I believe that healthcare is a right of all people; that we should not have these deductibles and co-payments; we should not be paying the highest prices in the world for prescription drugs. And our Medicare-for-all program will guarantee comprehensive health care to all people and save middle class families thousands of dollars a year.”

Moderator: [to voter] “Does that math work for you?”

Voter: “If it saves me on health insurance premiums, I’ll gladly pay more taxes.”

4

Bernie Sanders says what no other candidate will: “We will raise taxes.”

Breaking with decades of bipartisan political convention, Democratic presidential hopeful Sen. Bernie Sanders (I-Vt.) on Monday night reaffirmed that he would raise taxes on middle-income Americans to fund his Medicare-for-All health care plan. But Sanders claims the middle class will still save money.

Hey Bernie Sanders fans

You want the 1% to pay, what? 90% tax? For all those programs you want, let’s do the math

Say a man brings home one million dollars a year. His wife probably doesn’t work because why would you if your spouse is making that much money? You don’t need to work. If the wife does work, that’s okay, too, but for this example, let’s have the father be the only source of income. The couple has two kids and a dog. The man started in a low level job but worked his way up the ranks in twenty years, and now he’s the CEO or something up there.

Now, if you tax that man 90%, he will only take in $90,000 a year. That’s still a lot of money, don’t get me wrong, but it’s a lot different than currently, where the 1% is taxed approximately 70% already.

But, he still has to pay for his house monthly. Let’s say it’s about $5,000 a month if living in the Upper East Side of New York City. He’s already down $60,000 now.

The family is left with $30,000. He probably wants to send his children to private school in New York, right? It’s about $10,000 a year for each kid. With two kids, he’s down to $10,000 now.

He still has to pay for groceries and cell phone plans and electricity and plumbing and laundry and all those things.

But he should give to charity, too, right? Because he’s in the top 1% and that’s his humanly duty! right? With all of those bills piling up, he probably has $500 in his pocket a year. That’s more than some people, but still.

If a family of four plus one dog only has $500 a year to spend after all that, soon enough, they aren’t even going to have that. Prices will go up, he won’t have enough to donate to charity, rent could go up, his fridge breaks, his kid gets in a car crash.

He wouldn’t have enough money. Then, the one percent would shift to cover the next group of people. Those people were told–no promised that they wouldn’t be taxed, but the top one percent ran out money so someone has to cover the free education and free healthcare and whatever else free stuff you want us to have.

According to bankrate.com, if you get about $350,000 a year, you are the top one percent. I don’t know about you guys, but that’s not what I thought the top one percent was. I thought they would have more money.

You will dry the top one percent out of money. Then, everyone will have to pay for the taxes that they can’t afford because the taxes are already so high. Are you going to be happy when the top one percent only makes five bucks more than you?

taxfoundation.org
Details and Analysis of Senator Bernie Sanders’s Tax Plan
Key Findings: Senator Sanders (I-VT) would enact a number of policies that would raise payroll taxes and individual income taxes, especially on high-income households. Senator Sanders’s plan would raise tax revenue by $13.6 trillion over the next decade on a static basis. However, the plan would end up collecting $9.8 trillion over the next decade when accounting for decreased economic output in the long run.

Inside The Backwards Ideology Driving The Right-Wing Militiamen Who Captured A Federal Building

Two interlocking issues drove what appears to be slightly more than a dozen armed men to seize control of a U.S. Fish and Wildlife Service building in Oregon on Saturday evening. The first was the incarceration, release and eventual reincarceration of two men convicted of arson by a federal court. The second is a much broader dispute over whether ranchers are free to encroach upon federal lands without interference by the federal government itself.