The New American Politics thread

[RyZ]

Vox: Bernie Sanders's tax hikes are bigger than Donald Trump's tax cuts

http://www.vox.com/2016/3/4/11161616...-policy-center

[Nobama]

Originally Posted by Senator Clay Davis

you just pointed out how Trump is anti-free trade. All those things you listed occurred because of free trade. Trump wants to stop them by...ending free trade. Oh and Yesbama keeps making the economy hum. Trump will destroy it like most of his business ventures.

There is a difference between free trade and taking it in the rear like the USA is currently doing. Running a huge deficit with EVERY country is no way to run a country. Maybe you see this differently?

And if you really think Obama has done a good job in the last 8 years with taking huge loans to keep things a float then there is really nothing I can say to you to wake you up. Just keep doing what your doing and all will be fine right?

[Senator Clay Davis]

Originally Posted by Nobama

There is a difference between free trade and taking it in the rear like the USA is currently doing. Running a huge deficit with EVERY country is no way to run a country. Maybe you see this differently?

And if you really think Obama has done a good job in the last 8 years with taking huge loans to keep things a float then there is really nothing I can say to you to wake you up. Just keep doing what your doing and all will be fine right?

Trump is anti-free trade. You cannot deny that undeniable fact. He wants imports from virtually every country to be tariff'd. That by definition makes trade less free. Nevermind that the US will be hit with retaliatory tariffs that will damage exports, and make trade even more expensive (and of course...less free).

And since you aren't American, why do you seem to be so deeply vested in Trump despite that fact he'll have no impact on your life ever? Or is it that you hope a Trump win will open the worldwide floodgates to moronic racists getting into political office in other countries?

[indes]

I was just trying to look for 1st world countries running surpluses. It doesn't look good lol, how long can we all just keep running deficits before everything comes crashing down?

[Senator Clay Davis]

So here's a list of the web domains the Trump Organization owns, presumably to not get trolled. Some of these are pretty hilarious.

[Parallex]

Originally Posted by Senator Clay Davis

Trump is anti-free trade. You cannot deny that undeniable fact. He wants imports from virtually every country to be tariff'd. That by definition makes trade less free. Nevermind that the US will be hit with retaliatory tariffs that will damage exports, and make trade even more expensive (and of course...less free).

Thus proving that Nobama and Trump have something in common... neither one of them undestand how international trade works.

[Bagor]

[wittynickname]

Originally Posted by RyZ

Vox: Bernie Sanders's tax hikes are bigger than Donald Trump's tax cuts

http://www.vox.com/2016/3/4/11161616...-policy-center

While those tax increases for the middle/lower class look extreme, that needs to be tempered with the idea of universal health care. I paid nearly $2000 last year for health insurance as a single person in good health, and due to that good health I paid minimal copays or deductibles. For someone with health issues that needs to see specialists, that $2000/yr skyrockets, and for a family that insurance cost is dramatically higher, so the tax increase would still result in a net gain for most lower/middle class people/families.

[jammies]

Deficits are out of control, but tax hikes are a bad idea. What has the rhetoric been for the last 36 years? Oh yes, "cut spending". And how is that working out?

[Vulcan]

Originally Posted by wittynickname

While those tax increases for the middle/lower class look extreme, that needs to be tempered with the idea of universal health care. I paid nearly $2000 last year for health insurance as a single person in good health, and due to that good health I paid minimal copays or deductibles. For someone with health issues that needs to see specialists, that $2000/yr skyrockets, and for a family that insurance cost is dramatically higher, so the tax increase would still result in a net gain for most lower/middle class people/families.

Many think that Canadians pays more in income tax than Americans but it's not always true.

Federal Income Taxes
U.S. federal income tax brackets range from 10% to 35% for individuals. On the Canadian side, the range is 15% to 29%. In the U.S., the lowest tax bracket bumps to 15% at $8,500 and to 25% at $34,501. The bottom Canadian bracket stays at 15% until $41,544. This is the bulk of the reason that lower-income Canadians are often better off than Americans in an identical tax situation. On the other hand, the IRS taxes the richest Americans at 35% whereas the top federal tax rate in Canada is 29%. Rich Americans, however, have access to many tax deductions that Canada's Alternative Minimum Tax does not allow.

Read more: Do Canadians Really Pay More Taxes Than Americans? | Investopedia http://www.investopedia.com/financia...#ixzz41zEtRCpD
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Also our income taxes help pay for our healthcare.

Healthcare
No discussion of U.S. versus Canadian taxes would be complete without comparing the healthcare systems in both countries. The income taxes that Canadians pay partially fund the country's socialized health plan, where everyone has equal access to medical facilities, practitioners and procedures for no additional cost. In the U.S., health care must be paid for out-of-pocket or through a health care insurance plan. Premiums for these plans averaged out at $4,824 per person as of 2009, not including amounts paid for co-pays and deductibles.

Read more: Do Canadians Really Pay More Taxes Than Americans? | Investopedia http://www.investopedia.com/financia...#ixzz41zFbLGIM
Follow us: Investopedia on Facebook

[Azure]

Low unemployment, rising wages. Good time to increase taxes, and implement universal health care.

[wittynickname]

Originally Posted by Vulcan

Many think that Canadians pays more in income tax than Americans but it's not always true.

Also our income taxes help pay for our healthcare.

I'm not sure if my comment came across wrong, I'm fully in favor of Bernie's plan, of a more Canadian plan in general. I was agreeing with his idea--yes it raises taxes, but it eliminates many of the excessive healthcare costs that Americans have to deal with. The US already pays an insane amount for healthcare per capita as it is, so it makes no sense for us to not ensure that everyone has access to healthcare. Beyond that, by introducing a medicare for all system, hopefully it would mean that we could start to negotiate down the cost of healthcare services and medications in this country.

[Vulcan]

Originally Posted by wittynickname

I'm not sure if my comment came across wrong, I'm fully in favor of Bernie's plan, of a more Canadian plan in general. I was agreeing with his idea--yes it raises taxes, but it eliminates many of the excessive healthcare costs that Americans have to deal with. The US already pays an insane amount for healthcare per capita as it is, so it makes no sense for us to not ensure that everyone has access to healthcare. Beyond that, by introducing a medicare for all system, hopefully it would mean that we could start to negotiate down the cost of healthcare services and medications in this country.

No, I was just trying to re-enforce the idea that Bernie's tax increases may mean that a person may have more disposable income in the end.

[Nobama]

Originally Posted by Senator Clay Davis

Trump is anti-free trade. You cannot deny that undeniable fact. He wants imports from virtually every country to be tariff'd. That by definition makes trade less free. Nevermind that the US will be hit with retaliatory tariffs that will damage exports, and make trade even more expensive (and of course...less free).

And since you aren't American, why do you seem to be so deeply vested in Trump despite that fact he'll have no impact on your life ever? Or is it that you hope a Trump win will open the worldwide floodgates to moronic racists getting into political office in other countries?

If free trade to you means trade deficits with every country the USA deals with then yes, he and I are against that. We cannot keep giving money to foreign countries while borrowing more and more money to keep things going in North America. I don't know how you can't see that as being a terrible idea??

As for your second comment, I see how people spin wanting to deport illegal immigrants as being racist but I just can't understand how people can get behind others that have blatantly broken the law by being in a country without proper documentation and thus paying zero taxes and contributing zero to society. You break the law in a country your visiting you get deported. At least this is how my world works, I don't know why others feel that is racist? I go to Mexico and try and live there permenatly and the authorities find out and deport me.... Is that racist?

[Nobama]

Originally Posted by Parallex

Thus proving that Nobama and Trump have something in common... neither one of them undestand how international trade works.

Please enlighten me on how having billions in trade deficits with Mexico, China, UAE and etc benefit the economy in the USA? Yes I understand the goods are cheaper to purchase but at what cost to the overall economy? Obama recently had to borrow 4 trillion dollars to keep the lights on in his administration until November. Is your solution to keep borrowing money until infinity? It's worked up until this point right? Maybe if Bernie is voted in he can incorporate the Trudeau plan in that "Everything is Awesome" and free healthcare for all with lower taxes. If you can't get it yourself don't worry.... The government will get it for you

[CorsiHockeyLeague]

I see what you mean on the racism point, but the argument is cast in a deliberately tribal way. We are Americans, they're not like us, so we're against them, get rid of them. Whether it's racist or just xenophobic- and there are surely elements of both to varying degrees depending on which particular Trump supporters you happen to talk to about it - it's clearly based on manipulatable flaws in human psychology / the way people think and operate in groups. It's stoking the mob.

[Vulcan]

Originally Posted by Nobama

Please enlighten me on how having billions in trade deficits with Mexico, China, UAE and etc benefit the economy in the USA? Yes I understand the goods are cheaper to purchase but at what cost to the overall economy? Obama recently had to borrow 4 trillion dollars to keep the lights on in his administration until November. Is your solution to keep borrowing money until infinity? It's worked up until this point right? Maybe if Bernie is voted in he can incorporate the Trudeau plan in that "Everything is Awesome" and free healthcare for all with lower taxes. If you can't get it yourself don't worry.... The government will get it for you

Well they don't benefit the US economy but according to some the US taxes the rest of the world by forcing them to use the petrodollar which skews the deficit. It's also been said protecting the petrodollar was the real reason for the Iraq invasion.

When the industrialized age first began the U.S. was the top producer and exporter of petroleum. The U.S. would only accept payment for it's oil in the form of dollars. This would force other nations to open up their markets to us. We would use our dollars, which were backed by gold at the time, and use it to pay for goods and services from other countries. After this trade the other nations would then use their dollars as payment for our oil. This would create a huge demand for dollar reserves. Nations would now have to stock up on dollar reserves in order to pay for its oil, otherwise each nation would have to open its markets to the U.S., trade its goods for dollars, and then buy its oil. It only made sense to stock up on dollars in order to purchase oil whenever needed.



This was the tax on other nations which led to the U.S. becoming an empire. The rest of the world was now paying the U.S. "two apples for one orange" and the huge transfer of wealth began flowing into the U.S. This payment for oil denominated in dollars became known as petrodollars.



Today, countries keep a stockpile of dollars so whenever they need oil they go straight to OPEC. Because bankers are always increasing the money supply which causes inflation, the countries that have these stockpiles of dollars are being taxed a second time.

http://www.deathtocounterfeit.com/petrodollars.htm

[Parallex]

Originally Posted by Nobama

Please enlighten me on how having billions in trade deficits with Mexico, China, UAE and etc benefit the economy in the USA?

You don't know how free trade benefits the economy? I don't have time to give you an economics lesson but let's just say that the alternative is stagflation due to the inflationary effect of tariffs on products and the job losses that will result from retaliatory action on the part of other nations.

The solution to a trade imbalance is to up your exports (which helps everyone world wide) nor regressionist protectionism *which hurts everyone).

[T@T]

Originally Posted by RyZ

Vox: Bernie Sanders's tax hikes are bigger than Donald Trump's tax cuts

http://www.vox.com/2016/3/4/11161616...-policy-center

I have a hard time believing Sanders is going to have someone making $10m a year (pro athlete for example) paying 63.7% federal tax. If that's the case all the free agents will flock to Canada.

[Nobama]

Originally Posted by CorsiHockeyLeague

I see what you mean on the racism point, but the argument is cast in a deliberately tribal way. We are Americans, they're not like us, so we're against them, get rid of them. Whether it's racist or just xenophobic- and there are surely elements of both to varying degrees depending on which particular Trump supporters you happen to talk to about it - it's clearly based on manipulatable flaws in human psychology / the way people think and operate in groups. It's stoking the mob.

Trump has stated many times he supports legal immigration. What people don't understand is when someone goes through the process of immigrating to another country it takes resources, both money and time to complete the process. Do you think the people that go through this process support their peers who ignore the laws and sneak across the boarder to live in a country as an illegal immigrant? No they don't. They believe exactly what Trump and his supporters believe. If you want to live in a foreign country - no problem, just go through the legal process. And if your in a country illegally then you will be deported. No racism, discrimination or xenophobia about any of this. Just the fact that the USA has laws and if they are not being practiced then what's the point of having legal immigration? You might as well just open the door to your house and let everyone in and take whatever they want!