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In reply to the discussion: Bernie Sanders BLOWS THE LID OFF The ‘Bipartisan’ Plan To CUT TAXES for Corporations and the Wealthy [View all]BainsBane
(53,010 posts)110. Distributional effects of Simpson Bowles
The top quintile will see their after tax income decline by 8%. That means they will pay more in taxes. The top tenth of the 1% will see their after tax income decrease by 11%. That's in one version the committee suggested. More are listed here. http://taxpolicycenter.org/taxtopics/bowles-simpson.cfm
I don't think the plan is ideal, but if you don't have an accurate understanding of what you're talking about, any discussion is meaningless. http://taxpolicycenter.org/taxtopics/bowles-simpson.cfm
It's fine for politicians to engage in hyperbole in front of the cameras. What is not acceptable is for an educated person to believe them.
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Bernie Sanders BLOWS THE LID OFF The ‘Bipartisan’ Plan To CUT TAXES for Corporations and the Wealthy [View all]
Segami
Nov 2012
OP
Being entitled to something is NOT a bad thing...we have to stop allowing the
Sekhmets Daughter
Nov 2012
#11
Paul Ryan's suggestion for a system he said helped his family is to gut it with a voucher system..
midnight
Nov 2012
#100
I believe it. The GOP hate FDR so much they wanted to take him off the dime.
freshwest
Nov 2012
#118
Entitlement is NOT a bad word...stop allowing the GOp to brand you and your language.
Sekhmets Daughter
Nov 2012
#9
Crazy how deep it goes, isn't it? The complete free hand to set conditions
TheKentuckian
Nov 2012
#47
"Every dime of your FICA taxes are spent to pay for the benefits of those already retired." WRONG
Junkdrawer
Nov 2012
#119
I disagree. "Entitlement" has become a dirty word but the way I look at it, Medicare premiums
LoisB
Nov 2012
#10
Whatever. Just one of the many reason they continue to exist. Play on.
Egalitarian Thug
Nov 2012
#28
You're welcome, it's all coming together for good. That thread also has Bernie and Begich's
freshwest
Nov 2012
#49
Go Bernie. One of the very, very few politicians I trust for the truth. n/t
NRaleighLiberal
Nov 2012
#12
Simpson-Bowles finding ways to protect the rich, at the expense of everyone else....
midnight
Nov 2012
#21
That's what I want. Wall Street got bailed out to such a great extent. It is their turn to
Overseas
Nov 2012
#77
I'll add that the drumbeat to eliminate the cap on Social Security altogether has the same motive.
HiPointDem
Nov 2012
#60
Plenty of Middle-Class people (like moi) have modest investments & don't want CG rates raised.
WinkyDink
Nov 2012
#72
actually not. 95% of such investments are held by the top 20%, 40% by the top 1%.
HiPointDem
Nov 2012
#98
This revelation is literally sickening, as my stomach is now upset. I can hardly believe the S.S.
WinkyDink
Nov 2012
#69
thanks for screwing the well being of billions of people blue-dog sociopaths
fascisthunter
Nov 2012
#84
Please remember: Senator Sanders also opposes any Chained CPI for Social Security.
patrice
Dec 2012
#126