Here's a list of Bernie Sanders' $19.6 trillion in tax hikes

[WestVirginiaRebel]

Fox News:

Sen. Bernie Sanders' populist message has put him in the position to potentially win Democratic nomination contests in both Iowa and New Hampshire, shaking the sense of inevitability that has surrounded Hillary Clinton. As the socialist senator from Vermont gains traction in polls, Clinton has more aggressively attacked his policy proposals, forcing Sanders to release details on how he would pay for his ambitious economic and social agenda.

 

Taken together, Sanders is proposing $19.6 trillion in new taxes over a decade, according to an analysis by the Washington Examiner, of which $14 trillion would come from his healthcare plan alone. To put that in perspective, the Congressional Budget Office projects that federal revenues over the next 10 years will be a total of $41.6 trillion, meaning that Sanders would raise taxes by 47 percent over current levels.

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Bernie's big plan.

[Valin]

Related

President Sanders would quickly run out of other people’s money
Jazz Shaw
January 19, 2016

Say, do you remember that time when Vermont was going to use Obamacare as a jumping off point and build their own single payer health care system? Yeah, Bernie Sanders was all over that one at the time, promoting a socialist vision of the future which would finally see everyone taken care of equally. How did that work out again? (Washington Post, from 2014)

 

Vermont Gov. Peter Shumlin (D) has abandoned a years-long push for a universal health-care system in the state after budget analysts said the program would require what he called “enormous” new taxes…

But Michael Costa, Shumlin’s deputy director of health care reform, concluded the plan would have required an 11.5 percent payroll tax on all Vermont businesses and an income tax hike of up to 9.5 percent. Those taxes wouldn’t have covered transition costs to the new system, which would have amounted to at least $500 million.

(Snip)

The incident is worth bringing up today because, as the editorial board goes on to correctly point out, most of the proposals coming out of the Sanders campaign headquarters are cut from the same cloth. They are promises of the moon without enough fuel to even make it into orbit.

 

This all serves to illustrate the pie-in-the-sky nature of Sanders’ agenda. In addition to a $14 trillion healthcare plan, Sanders wants free college for all. He wants to add significantly to the subsidies for seniors’ prescription drugs. He wants to expand subsidies for solar and wind energy while ending all fossil fuel leases on federal lands. He wants to raise the minimum wage to $15. He wants to subsidize small farmers still further.

The problem is, it will be impossible for a President Sanders to keep such promises without running out of other people’s money to spend and promise. As his questioners pointed out on Sunday, Sanders’ agenda includes substantial tax increases on the middle class. Taken together, his plans that increase taxes by nearly $20 trillion over a decade.

 

(Snip)

[SrWoodchuck]

@Valin @WestVirginiaRebel

 

Androgynous + Intellectually vapid + Clueless = Bernie voter.

 

 

Pic via iOTWReports