Comments by "justgivemethetruth" (@justgivemethetruth) on "Sen. Bernie Sanders on The O'Reilly Factor" video.
-
Ya see, when O'Reilly jumps right into this thing about taxes,
and asked what his rate will be ... he either doesn't understand
taxes, or he is lying to everyone.
A person does not have a predictable tax rate.
You first small amount of money to goes towards basic survival
is not taxed at all.
Then depending on how much you make in whatever tax bracket
you are taxed depending on that bracket.
So what O'Reilly constantly lies about is the fact that if Bernie says
his tax rate is 40, 50, 60, 70 or 100 percent ... that is only on money
past a certain amount.
So super rick people like say Bill Gates who makes over 20 million
a year might pay 70% tax ... but only on the money he has already
made over 10 million?
The thing is that US tax brackets cheat almost everyone.
There are no tax backet over I think it's 250K ... so your hard working
dentist, doctor, lawyer or small business person pays the same as
a multi-billionaire, in fact, probably more.
What needs to happen is that the brackets need to go up to maybe
2 million, then 6 million than 12 million, and so forth, each with a
higher rate, and each leaving the persons money under that amount
taxable at lower rates.
I don't Bil O'Reilly is smart enough or honest enough to explain that.
1
-
1
-
1
-
1