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Zach B
CNBC Television
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Comments by "Zach B" (@zachb1706) on "Bernie Sanders goes after billionaires who made 'outrageous profits' during the pandemic" video.
Bernies plan for healthcare would cost America over 33 trillion in 10 years, leading to massive tax increases across the board. 140 million people off of private insurance, put on a national healthcare system that will inevitably be worse. Over a million jobs lost in the insurance sector. Will they be replaced? Less funding into hospitals, lower pay fir doctors and worse treatment to individuals.
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Jimmy Wijaya like what? Are we going to tax toilet paper?
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nuwavghost capital gains are taxed twice, once through corporate taxes (which ARE lower) and then again through income tax. So no, the rich don’t get away paying less tax, they actually pay more
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nuwavghost on the basic level, corporate income is taxed twice. This is good for local business, which is only taxed once. So yes, capitalism helps businessman- but our freedom allows anyone to be that businessman.
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nuwavghost no, COVID-19 did by killing small business and putting people out of work.
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Michael Lyndon yeah the average person will save, but taxes will rise extremely high for the rich. That would hurt the economy in the long run, with the rich investing into other countries more.
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Michael Lyndon the most prominent plan (set by Bernie Sanders) would put a 57% tax on all earnings over $2 million. With more and more jobs being shifted out to China, and other countries who can do it cheaper - imposing such a heavy tax would only hurt us. The best way would be an opt in system with basic cover.
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