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Dorian Shades of gray
CNN
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Comments by "Dorian Shades of gray" (@dorianshadesofgray2981) on "Watch Sanders' reaction to projected win in Nevada" video.
@Deb Hammersley Bernie’s socialism means free, education, free comprehensive health cover for all including illegals, heavily taxing businesses and the rich. So when all the companies offshore and the rich move overseas to tax havens , whose taxes do you think is going to be used to pay for all this free stuff? Expect to see your effective tax rate to go up over 60%
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@HeY Table Bernie is offering free higher education and free comprehensive healthcare . Australia , Canada and Japan don’t have free University . There are a few Nordic countries that offer both but their effective tax rates are around 60%.
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@Lurah25 in those years and now the super rich found ways to minimise their taxes. As Warren Buffet once said he pays a lower percentage tax rate than his secretary. People like Elizabeth Warren are proposing ways to close some of these tax minimising loopholes and are looking to introduce a wealth tax. So of if loopholes are closed and the super rich start losing significant amounts of money , then they will find ways to minimise their tax or find tax haven countries to move to.
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@Darth Wheezius he’s not my top heavyweight , but I’m a bit surprised he lost.
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@Darth Wheezius I watched highlights of the previous fight and Fury did well to get up after Wilder knocked him down the second time. I haven’t seen the highlights of this fight up yet , but looks like it was over pretty quickly.
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@Darth Wheezius just watched the highlights , pretty crappy fight, surprised the towel was thrown in as Wilder is the type of guy who can knock you out anytime. I haven’t followed heavy weight boxing that much but have got to say ,they look really slow and lumbering compared to the past greats .
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@Deb Hammersley you’ve got the taxes wrong . Aus $ 18000 is equivalent to around US $12000 and both systems result in zero tax. An Aus $90000 income would result in a tax of Aus $ 18390, in the US Aus $90000 is equivalent to US$60000 which has an equivalent tax of Aus$9600. So in the US the taxes are significantly less . Australia also has a Medicare Levi ranging from1.0 % to 1.5% to pay for the public health cover and you pay for it whether you have private coverage or not. Australia also has a GST of 10% so cost of living is a lot higher in Australia. Everyone believes there should be affordable universal basic health cover, however Bernie wants comprehensive cover for everyone including the millions of illegal immigrants living in the US. That means dental , optical etc. In Australia Medicare does not cover dental , optical or any other ancillaries and I note again that everyone above a certain income pays for this universal healthcare through a Medicare Levy. The next problem with Australian Medicare is the waiting period for elective surgery on things like knee or hip replacements where people could be waiting over a year to get the surgery. Australia also doesn’t have free university education and Bernie wants that as well. All these things will increase the tax rate, for example in Denmark where education and healthcare is “free” the effective tax rate Is around 60%. I also don’t think it’s fair that tax payers should pay for the University education of others. If you want to further your education then you pay for it yourself and I’m happy with using a HECS like system for the US
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