Comments by "Life\x27s Adventures" (@bigphillyed) on "What New Hampshire Tells Us About the 2020 Election | NYT News" video.

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  3. @Person McPerson SMH! This is the blind ignorance Bernie spreads. Have you read the actual tax proposals Bernie has set for his medicare for all, free higher education? His proposed medicare for all, will cost the US 4 trillion dollars per year. It will double the current federal budget. Let's just say you trim 250 billion off the defense budget, your still 3.75 trillion short. The anticipated job losses from his M4A will be in excess of 3 million people! He has no golden window for his M4A plan, meaning no deductible no co pay, which experts from both sides say that will increase the actual cost by 25%. So now your real costs are another trillion. Even with Bernies tax proposals to the rich, corporations and individuals, we would need to double the existing corporate tax rate and double the personal income tax rate to pay for that. Now when the economy begins to tank which it will as soon as Bernie would be elected. There would be a couple more million laid off, so now we have M4A with a personal income tax rate of 48% on average and 5 million out of work collecting benefits and not paying taxes. Then bernies free higher education is estimated to cost tax payers 6% and as another 2-4% of student loan forgiveness. So the average american would pay 58% in personal income taxes. What you fail to understand is the fine print of bernies plan, really read it and you will see that his policies will put self-employed and small business out of business in the first year because they will be the hardest hit by his policies and taxes. Next medium to large scale corporations will be forced to lay people off immediately to reduce the proposed 10% payroll tax he wants to put into effect. He also wants to raise corporate taxes, which the US already has insanely high corporate taxes. This will force corporations to lay off, close, or leave the country.
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