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Bernie Sanders: A 90% tax rate sounds fine to me
Hotair ^ | 05/26/2015 | Jazz Shaw

Posted on 05/26/2015 1:11:58 PM PDT by SeekAndFind

This week Vermont Senator and self-avowed socialist Bernie Sanders sat down with CNBC’s John Harwood for an interview on the issues facing all the 2016 candidates. Sanders is technically running for President, and is at least keeping up the public appearance of being serious. (He told Harwood, I think we got a shot to win this thing.) With that in mind, I suppose it’s worth taking a moment to examine some of his answers and remind everyone exactly what’s lurking under the covers of the deep left wing of the Democrats.

While it may seem like a bit of a dog bites man story, Democrats are renowned for being in love with higher taxes. How does Bernie measure up on that score?

SANDERS: … If my memory is correct, when radical socialist Dwight D. Eisenhower was president, the highest marginal tax rate was something like 90 percent.

HARWOOD: When you think about 90 percent, you don’t think that’s obviously too high?

SANDERS: No. That’s not 90 percent of your income, you know? That’s the marginal. I’m sure you have some really right-wing nut types, but I’m not sure that every very wealthy person feels that it’s the worst thing in the world for them to pay more in taxes, to be honest with you. I think you’ve got a lot of millionaires saying, “You know what? I’ve made a whole lot of money. I don’t want to see kids go hungry in America. Yeah, I’ll pay my fair share.”

A ninety percent tax rate. Think about that for a moment. Even the worst tax and spenders in the mainstream of the Democrat Party would never say that aloud, but Bernie Sanders at least can boast of the virtue of honesty. He’s willing to have the government come and take ninety cents out of every dollar you earn if you commit the sin of being too successful in modern America. I’m the first to admit that I’ve expressed many doubts about the practical effectiveness of the Laffer Curve in real world economics, but I’m confident that 90% falls pretty far down the starboard side of that one.

Bernie Sanders also feels that everyone is lying to the American public. But who are the liars?

HARWOOD: I read an interview that you did about the corporate media. And you said the corporate media was reluctant to call out people for lying in public debates. You’re on corporate media right now. Who’s lying in our politics?

SANDERS: I’m the ranking member of the Budget Committee, OK? Leader of the opposition. The Republican budget does the following: It throws 27 million people off of health care by ending the Affordable Care Act and cutting Medicaid by $440 billion. Have you seen that in print? Have you seen that statement? There is a reality that goes on here. And you have many people who try to be, “Oh, I’ve got to be even-handed here and even-handed there. You got the Koch Brothers there, Bernie Sanders there.” That’s nonsense. And I think a lot of right-wing people get away with murder because the media doesn’t call them out on it.

There’s a line to be drawn between healthy skepticism and outright paranoia. Wherever it is that Bernie Sanders lives inside his head, he can no longer even see that line. Some of this interview reads like a transcription of a doctor’s interview with a mental patient.

Even CBS News has had trouble painting him as anything other than fringe. Let’s remember a few of his favorite proposals from the past.

He was one of the founding members of the Congressional Progressive Caucus. He’s warned colleagues against being too friendly to the interests of corporate America, criticizing the close ties between some Democrats and Wall Street. He supports Obamacare but would elect to go further and institute a single-payer healthcare system. He’s proposed a $1 trillion infrastructure funding bill. He’s called for a $15 dollar an hour minimum wage, far exceeding President Obama’s proposal to hike the minimum wage to $10.10 an hour. He’s proposed expanding Social Security benefits and paying for it by raising taxes.

Sanders still gets an F from the NRA on gun control, though curiously he has voted on the right side of some Second Amendment issues, leading observers to call him the Second Amendment Socialist. He’s called for the seizure and nationalization of the oil and gas industry, and wants to break up the banks. The guy is so far to the Left that he wouldn’t even officially associate himself with the Democrats until he decided to run for President.

What’s the point of all this? Look… I understand that cable news has a lot of hours to fill every day, but continuing to treat Bernie Sanders as a legitimate challenger to Hillary Clinton and a viable candidate for the presidency is a disservice to the public. The man couldn’t be elected anywhere outside of Vermont and it’s time to lump him in with Vermin Supreme where he belongs.


TOPICS: Culture/Society; Government; News/Current Events; Politics/Elections; US: Arkansas; US: Maryland; US: Massachusetts; US: New York; US: Vermont
KEYWORDS: 2016election; 2ndamendment; akadeblasio; banglist; berniesanders; cnbc; cromnibus; doddfrank; election2016; elizabethwarren; fauxahontas; johnharwood; lieawatha; martinomalley; maryland; massachusetts; newyork; secondamendment; socialism; taxes; vermont
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To: SeekAndFind

21 posted on 05/26/2015 1:25:28 PM PDT by Carpe Cerevisi
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To: SeekAndFind

Bernie is the only honest progressive Marxist. Punks like Obama and McConnell lie about it.


22 posted on 05/26/2015 1:26:09 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: SeekAndFind

This crazy old communist nut job belongs in a mental ward.


23 posted on 05/26/2015 1:28:02 PM PDT by july4thfreedomfoundation (The so-called Southern Poverty Law Center is a hate group.)
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To: SeekAndFind

FDR wanted a 100% top tax rate. It was his way of instituting a maximum wage in addition to a minimum wage.

91% was the result of compromise with Republicans.


24 posted on 05/26/2015 1:28:21 PM PDT by Buckeye McFrog
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To: Oldeconomybuyer

I don’t see anything like honesty in Sanders just because he openly preaches socialism.

More like raw arrogance, and the self-absorbed certainty that he’s right while everyone else is wrong.


25 posted on 05/26/2015 1:32:44 PM PDT by elcid1970 ("The Second Amendment is more important than Islam.")
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To: SeekAndFind

Why stop at 90% Bernie? Why not 100% or 110% or 125%? Why do we give these fools the time of day, let alone elect them to office?


26 posted on 05/26/2015 1:33:40 PM PDT by anoldafvet (Why is it when Hillary "smiles" , I am reminded of a grinning shark?)
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To: SeekAndFind

Why stop at 90% Bernie? Why not 100% or 110% or 125%? Why do we give these fools the time of day, let alone elect them to office?


27 posted on 05/26/2015 1:33:42 PM PDT by anoldafvet (Why is it when Hillary "smiles" , I am reminded of a grinning shark?)
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To: EQAndyBuzz
Put a little box on your tax return which asks you if you want to give more. See how many do.

They actually did this in Massachusetts back in 2005. When they lowered the state tax rate from 5.85% to 5.00%, all the bleeding heart liberals kicked and screamed. So they put a checkbox on the tax form for all the bleeding-heart liberals to pay at the higher rate, if they so chose.

Again, we are only talking an additional 0.85%, which on an annual salary of $50,000 a year, would amount to $425 in additional taxes - or about $8.17 a week.

All the bleeding hearts had to do was go without a couple of frappuccinos at Starbucks each week.

Want to take a bet on how many of the three and a half million taxpayers in Massachusetts elected the higher rate?

1,162.

Or 0.000332%, in case your calculator doesn't have that many decimal places.

The following year (2006), the number of people signing up to pay the higher tax dropped to 424.

28 posted on 05/26/2015 1:34:26 PM PDT by SamAdams76
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To: All

I think it is neat that the democrats finally get a candidate that is an avowed communist;

One that doesn’t even pretend to think that capitalism (tempered with a little socialism of course) might be a good idea.


29 posted on 05/26/2015 1:35:43 PM PDT by LegendHasIt
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To: SeekAndFind

Does Bernie return 90% of his taxpayer-funded salary to the US Treasury? If not, why not?


30 posted on 05/26/2015 1:36:03 PM PDT by ozzymandus
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To: SeekAndFind

When even the French people blanched at the imposition of the 75% tax rate, Bernie Sanders’ suggestion of a 90% tax rate won’t fly even in the Democratic Party.


31 posted on 05/26/2015 1:36:33 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: SeekAndFind
90%...only 90%, Bernie? Why not 95% for all effective January 20, 1981? That would be great...

Oh by the way,except for Burlington, Bennington, Rutland, Barre, Montpelier and Brattleboro..most citizens hate this nutcase. Visit a small town in Vermont and you'll see conservative people...

32 posted on 05/26/2015 1:55:18 PM PDT by ExCTCitizen (I'm ExCTCitizen and I approve this reply. If it does offend Libs, I'm NOT sorry...)
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To: SeekAndFind

At least Bernie Sanders is honest about making you a slave of the state.

5.56mm


33 posted on 05/26/2015 2:03:16 PM PDT by M Kehoe
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...
This comes as no surprise -- but has ANY so-called journalist grilled Sanders, O'Malley, or DeBlasio about the Clinton Cash scandal, or Benghazi, or what they actually think about anything to do with the alleged front-runner? I didn't think so. Partisan Media Shills ping. Thanks SeekAndFind.

34 posted on 05/26/2015 2:11:37 PM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW!)
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To: SeekAndFind

I never realized Republican former General Dwight David Eisenhower was a radical socialist!


35 posted on 05/26/2015 2:17:51 PM PDT by sargon
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To: SeekAndFind

I never realized Republican former General Dwight David Eisenhower was a radical socialist!


36 posted on 05/26/2015 2:18:19 PM PDT by sargon
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To: SeekAndFind
He’s willing to have the government come and take ninety cents out of every dollar you earn if you commit the sin of being too successful in modern America.

You know that's not how it works, right?

37 posted on 05/26/2015 2:23:44 PM PDT by Wolfie
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To: SeekAndFind

Well Bernie anyone looking to destroy a Nation would agree with you. A 90 percent rate is a good thing. Now be a good little communist and go home.............


38 posted on 05/26/2015 2:24:30 PM PDT by SECURE AMERICA (I am an American Not a Republican or a Democrat.)
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To: SeekAndFind

As long as it doesn’t apply to Bernie and his buddies.

But the reality is 90 percent is way too low for the likes of Sanders. They’d like to see that at least ten percentage points higher — maybe even more. Across the board.

They think we’re their property.


39 posted on 05/26/2015 2:24:36 PM PDT by TBP (Obama lies, Granny dies.)
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To: MIchaelTArchangel
I was shocked to learn he is not yet 74! I thought he was well into his 80s.

Well, senility hits some people at younger ages than others.

40 posted on 05/26/2015 2:26:12 PM PDT by TBP (Obama lies, Granny dies.)
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