Trump Wins Indiania!!!
9 years ago
From Dasher E. Corgi's Orange Room Office Desk.
tonight Donald Trump wins the Republican Indiana Primary beating out Ted Cruz by double digits.
Next State: California in June.
Next State: California in June.
i love my Freedom and i love the USA.
Trump is to much of a Enigma. Not to mention, brazen in his fast action way of speaking. I am really hoping it will be outsider vs outsider
What draws you trump most?
I know most focus on his mass deportation ideas or the wall. But I am talking about things like his tax policies. Even returns he wants to put Cruz on the Supreme Court.
And in your view is Bernie sanders unamerica? Which one of his many proposals do you not agree with? His tax based systems like collage and healthcare? Or his foreign-policy?
Also I am not trying to make you or anyone else mad. Just trying to understand.
I'm a Republican, and I argue against the Dems based on the country's debt perspective, and I keep watch on the Federal Debt Clock (URL provided:http://www.usdebtclock.org/). And as far as I'm concerned, Bernie's tax policies will not do a dent in our nation's debt what so ever, even if we did a 99% tax rate on the wealthy 1%; they still have the option to LEAVE THE COUNTRY. And this is what I can't wrap my head around: Bernie Sanders; wants to tax the wealthiest 1% who CREATE JOBS FOR ALL 330 MILLION PEOPLE IN THE U.S.. And I have a friend of mine who is also a Democrat, whom I did the math for; couldn't reach a common consensus. So here's my calculation. I don't mind if I'm wrong or if something's off, I'll be giving reasons as I go along here.
So, Bernie's Tax Policy... AFTER The 1% Have Decided to Leave The Country...
U.S. Population (Several years ago, not updated yet): 309,111,872
Total Income Per Citizen: $10,121
Tax Rate (General): 64%
$10,121 x 0.64 = $6,477.44/Citizen as if the 64% were the 0% Tax Rate (for reference).
$6,477.44 x 309,111,872 = $2,002,253,604,167.6 Total U.S. Income Per Year
$10,121/0.35 (35% Tax Increase Added to 64%) = $28,917.14/Citizen
$28,917.14 x 309,111,872 = $8,938,631,278,286 Total U.S. Income Per Year
U.S. National Debt: $19,267,924,815,620 (last 6 numbers were randomly chosen based on speed of debt increase a second)
Previous Calculation: $18,512,126,190,900/$8,938,631,278,286 = 2 Years And One Month Until Debt Is Paid Off
But here's the Kicker: At what Cost?
U.S. TOTAL DEBT: $165,731,887,800,200 (Most of this we can't pay off, as they are fixed debts [fixed=permanent])
Rundown, Continued
U.S. Population (Reiterated): 309,111,872
Total DEBT Per Citizen: $57,489
Debt Per Tax Payer: $155,200
U.S. Work Force: 149,019,829 (And Dwindling)
Official Unemployed: 7,782,480 (And Rising)
Income Tax Payers: 119,274,754
: (2000) 154,294,488
^- 35,019,734 Decrease (Unknown if % of Income Tax Payers Are equal to Work Force, Given Current U.S. Population Size)
Median Income: $29,003
Revenue Per Citizen: $8,991
That's all I got.
I understand big numbers are scary http://youtu.be/Jlr0taBZIlk here are trumps and teds tax plan explained and there is a other video that does Hillary's and Bernie's plans
Well are a nation we will always have debt. And I don't see cutting any services helping
Do you know what fuels job growth and the economy? Purchasing. Do you know who does the vast majority of purchasing? Regular citizens like you and I. Money we get, get's spent on things. That generates jobs. It creates a demand. You know what happens to money that the wealthiest 1% get? Some of it gets donated, some of it gets invested in new business, but most of it gets invested in the NYSE, and the rest all sits in bank accounts, accruing interest and generating wealth for the bank holder.
Of the four options I just gave(which I admit is a simplification, but a necessary one), only one of those options generates jobs. Buying stocks on the stock exchange, trading stocks on the stock exchange, which statistically is where the vast majority of billionaires and millionaires wealth goes(for the purpose of generating more wealth) does not generate jobs. The company does not get the money. The person they bought the stocks from, usually other shareholders, gets the money. A companies actual worth on the stock exchange is based almost solely on what other people are willing to pay for a share of it's stock. You can buy and buy and buy a companies stock, and demand will drive the price of that stock through the roof. But the company? Doesn't see a single change in it's assets. It doesn't see a single change in it's ability to grow organically.
And that is why we have an issue right now. For the last twenty years, the rate at which wealth moves towards the upper one percent, and away from the lower 99% has increased. It goes into the bank accounts of people like the Walton Family, who pay their employees wages that they aren't even able to actually live off of, seeing at 79% of walmart employees are eligible for government assistance. They buy and trade stocks. They have mutual funds. They keep their money in the bank.
How many jobs do you think are actually created by buying priceless works of art? By buying a mansion? By buying a jet? Because the amount of people who actually work for companies and business' who generate these types of luxury goods that the super wealthy purchase is a fraction of the total US work force.
So no, I'm sorry. But the richest one percent are not 'job creators'. They are the CEO's and majority shareholders of corporations who do generate jobs, but taxing them personally does not effect the amount of job growth. That's nonsense.
You want to fuel the economy? You want a robust, growing economy? Then you need an economy that pays high enough wages to a large enough number of employed citizens, so that they have the expendable income to go out, by things, and fuel economic growth. YOU DO NOT get that by the wealthiest citizens of this country sitting on vast hordes of wealth.