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Armstead

(47,803 posts)
32. I think if you look at his overall programs and message....
Sun Aug 30, 2015, 11:05 PM
Aug 2015

you'll see where he would cut and how he proposes to raise money.

I am not a financial guy or an economist, so I am not going to get into the weeds on that particular proposal. It's possible it would work, it's possible not as you presented it. You'll have to find someone more expert than I...Or, better yet -- if you really ant to know, contact his campaign and ask for an explanation.

However, I am smart enough to know that we have a tax system that has been rigged over the last 30 years to deplete government by tax scams, corporate subsidies, and our economy has gotten totally skewed by the hyperactive and shady investment vehicles.

And Sanders is clear about his priorities, including things that can be cut or reduced and realigned to move towards a more balanced system that does not bleed from unaccountable pirate hyper-capitalism. That is not "pie in the sky." It was more balanced in the past, in terms of corporate responsibility and a more progressive tax system. IT can be again, of we exercise the will to do it.

So yeah, he's a politician. But also yeah, other candidates, including Clinton, make big promises. On balance, I trust Sanders, not on blind faith butt a knowledge of his record and his character. And if yuo look back, he was very prescient about many things that happened, when most politicians either gad a lack of foresight or chose to ignore them.

What is the daily volume (in dollars) on the various stock exchanges? 1939 Aug 2015 #1
as I mentioned hill2016 Aug 2015 #2
So you would factor out JackInGreen Aug 2015 #18
I've included hill2016 Aug 2015 #19
I'm sorry JackInGreen Aug 2015 #20
like I said in my OP hill2016 Aug 2015 #21
I didn't call you any names JackInGreen Aug 2015 #23
difference hill2016 Aug 2015 #25
No time for love doctor Jones JackInGreen Aug 2015 #26
ok hill2016 Aug 2015 #27
Financial transaction taxes tend to raise less money than forecast, PoliticAverse Aug 2015 #3
Where did this come from? rogerashton Aug 2015 #4
you're confusing two things. hill2016 Aug 2015 #5
So you just made it up. rogerashton Aug 2015 #6
yeah hill2016 Aug 2015 #7
A wealth tax at the federal level would likely require a constitutional amendment. n/t PoliticAverse Aug 2015 #8
why would it? hill2016 Aug 2015 #11
The Constitution limits Congress' taxing power. PoliticAverse Aug 2015 #12
You may be correct but.... Armstead Aug 2015 #9
yeah but hill2016 Aug 2015 #10
Well, at least you didn't make that line up: rogerashton Aug 2015 #13
Difference I see is that the Deemocrats gave up even trying 30 years ago Armstead Aug 2015 #14
You're stereotyping Armstead Aug 2015 #16
in your view hill2016 Aug 2015 #22
I think if you look at his overall programs and message.... Armstead Aug 2015 #32
Great analysis. Bernie is going to have to.... SonderWoman Aug 2015 #15
thank you hill2016 Aug 2015 #24
just wondering hill2016 Aug 2015 #17
Well, you convinced me.... daleanime Aug 2015 #28
The tax would need to increase the cost of doing business for some investors Motown_Johnny Aug 2015 #29
sorry hill2016 Aug 2015 #30
which is why I said half, and then rounded down Motown_Johnny Aug 2015 #31
$70 billion is the estimate of needed funds to provide free college in all public univ. virtualobserver Aug 2015 #33
Any tax that would slow the rate of high frequency trading sounds good DJ13 Aug 2015 #34
Please see this memo from Political Economy Research Institute University of Massachusetts-Amherst think Aug 2015 #35
The FTT was tried and failed in Sweden booksandpencils Aug 2015 #36
Latest Discussions»Retired Forums»2016 Postmortem»Sanders' financial transa...»Reply #32