The Hill: Study Shows All Except Wealthiest Would Benefit From Sanders' Proposals

[amborin]

http://thehill.com/policy/finance/279201-study-most-would-see-net-benefits-from-sanderss-proposals

All but the wealthiest households would see net income gains under Democratic presidential candidate Bernie Sanders’s proposals, according to a report released Monday.

“For most households, additional government benefits would more than offset the tax increases,” the non-partisan Urban-Brookings Tax Policy Center (TPC) said in the report.

Sanders has released a number of proposals to expand and create new social-insurance programs. These include single-payer healthcare, comprehensive coverage for long-term services and supports, expanding Social Security benefits, free college tuition at public universities and paid family leave. The candidate has proposed paying for these programs through tax changes for individuals and businesses.

TPC in March estimated that Sanders’s tax plan would raise $15.3 trillion over 10 years. Everyone would pay more taxes under his plan, and most of the new revenue would come from the wealthy.

The Sanders campaign complained that TPC’s tax analysis was “inaccurate and one-sided” because it did not look at the benefits people would receive from the candidate’s spending proposals.

TPC Director Len Burman told reporters that the center “thought the Sanders campaign had a point.”

The center’s latest analysis looks at who wins and who loses once Sanders’s new government benefits are taken into account as well.

TPC found that the average tax burden would increase by about $9,000 in 2017 but the average amount of benefits would increase by more than $13,000. As a result, households would on average receive a net income gain of almost $4,300 under Sanders’s proposals, TPC said.

[Trust Buster]

1. The proposed new government benefits would explode the deficit.

[amborin]

2. not accurate!

[Zynx]

5. That's what those same studies said. $33 trillion in new benefits and only $15 trillion in taxes.

[PufPuf23]

11. You are making that up.

The poster is one of DU's gaslight generators.

Trust Buster is an apt pun.

[Armstead]

3. Interesting as the Brookings tends to be centrist and moderate

https://en.wikipedia.org/wiki/Brookings_Institution
As a 501(c)(3) non-profit organization, Brookings describes itself as independent and non-partisan. A 2005 academic study by UCLA concluded it was centrist in that it was referenced as an authority almost equally by both conservative and liberal politicians in congressional records from 1993 to 2002.[15] The New York Times has referred to the organization as liberal, liberal-centrist, centrist, and conservative.[16][17][18][19][20][21] The Washington Post has described Brookings as centrist and liberal.[22][23][24][25] The Los Angeles Times described Brookings as liberal-leaning and centrist before opining that it did not believe such labels mattered.[26][27][28][29] In 1977, Time Magazine described it as the "nation's pre-eminent liberal think tank".[30] Newsweek has described Brookings as centrist[31] while Politico has used the term "center-left".[32] In addition, the left-wing, media watchdog group Fairness and Accuracy in Reporting describes it as conservative.[33][34][35][36]

[Octafish]

4. Bernie believes the powers of Government should serve all.

Contrast with 32 years of trickle down economics, which benefit the rich and super rich.

[Ned_Devine]

6. I'm really glad to see responses from people with such high post counts like you and Armstead

It gives credence to OPs like this one. Thank you both for all of your contributions during this ridiculous primary season.

[Octafish]

7. You are most welcome, Ned_Devine!

Last edited Mon May 9, 2016, 08:09 PM - Edit history (1)

Democracy means ALL have an equal voice in how government runs. Going by the way some treat others on DU and real life makes it obvious the concept is foreign to them. I'd blame their upbringing, education and news media for their hierarchical one-up delusion, but that would absolve them of their own central role in their problem: failing to follow the Golden Rule by treating others like they would like to be treated -- with respect.

[Jitter65]

8. You simply cannot talk about raising taxes on everyone and win against the GOP.

You can be 100% correct but history proves you can't win with being honest about taxes.

[hobbit709]

9. So we should emulate the Republicans and sell out all but the 1% you say.

[Uncle Joe]

10. Kicked and recommended.

Thanks for the thread, amborin.

[liberal_at_heart]

12. K&R

[MrMickeysMom]

13. Here's proof from more than 8 years ago

This Frontline examination of health care cost world-wide pretty well puts those who don't like to read on notice.

You can't ignore this anymore, America.

http://www.democraticunderground.com/1017368551#post2

[ecstatic]

14. Great. He should concede and get back to work so a bill can be ready

within Clinton's first 100 days.

[AzDar]

15. K & R