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Old 11-02-2019, 02:54 PM
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You think heath care is expensive now just wait until its free. How many thing has the gubernment improved when they takeover?

War on Drugs Fail
War on Poverty Fail
War on Terrorism
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Old 11-02-2019, 04:34 PM
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52 trillion? LOL. Is that even a real number? Sounds like a made up number, like a Bazillion.

1 bazillion Space bucks. That's my plan I'm a runnin.
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Old 11-02-2019, 05:38 PM
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And what about infrastructure, education, energy, immigration, etc? Sounds like a typical bull$hit democratic plan to enslave us even further. Look at any city run by democrats and you'll see whats coming if they get elected. Hey pocahontas here's a graphic on what just 1 trillion looks like and if we have to print $52 trillion to make your plan work we wont have any forests left in America for all the paper we will need to print it on. Dumb bitch
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Old 11-02-2019, 06:51 PM
dontbuypotteryfromme dontbuypotteryfromme is offline
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Quote:
Originally Posted by Steve_In_29 View Post
Quote:
Originally Posted by Dixie_Dude View Post
She also said she would take a certain percentage of billionaires "Net Worth". This is the total of what they are worth. Jeff Bezo's is worth about $70 billion, but almost all of it is in Amazon stock, not cash. So he would have to sell off $7 billion of his Amazon stock to pay his tax just the first year. Same with Bill Gates, about $6.8 billion and Warren Buffet about $6 billion. Their net worth is not in money but in stock ownership of their companies. So after 10 years, the government will own Amazon, or put Bezo's completely out of business taking his net worth, not a portion of his earned income.

Liberals don't understand that billionaires and millionaires don't own cash money, but property, stock in their companies, factories, railroads, airlines, etc. They will not all be able to sell 10% of their net worth, the value of their companies would drop, there would be a stock market crash worse then the Great Depression. Millions would be laid off. Taxing the wealthy out of existance would destroy the country. I know small business owners who have a net worth over $1 million. One owns backhoes, trackhoes, dump trucks, welding machines, trenching machines and is a pipeline contractor. His money is in his company, and in his business. He only pays himself and his family members about $50,000 a year. Any excess profits pay for new equipment and equipment maintenance and maybe a bonus at the end of the year. He has 3 sons, two are equipment operators, and one is a welder. They hire 3 laborers at starting pay of $10 an hour. If a laborer is good and he keeps them, he gives them good raises to keep them.

Socialists don't work for a living, they become conservatives when they get a job.
You think the ones that come up with these stupid ideas don't know this?


Hey LibShooter give us your libtard explanation for how what Dixie_Dude just typed isn't true.
We haven't exactly read a single qualified opinion on this though.

I mean flat earth sounds plausible if you don't have the background to understand it.

So throwing out a random set of figures from nowhere and then expecting a bunch of non economists to refute it is pointless.

Start with the real story and then you could have an honest discussion.
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Old 11-02-2019, 07:01 PM
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Originally Posted by dontbuypotteryfromme View Post
We haven't exactly read a single qualified opinion on this though.

I mean flat earth sounds plausible if you don't have the background to understand it.

So throwing out a random set of figures from nowhere and then expecting a bunch of non economists to refute it is pointless.

Start with the real story and then you could have an honest discussion.
You dont have to be an economists to know that when you are 20 trillion dollars in debt that adding over 5 trillion to that debt per year isnt a smart idea.
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Old 11-02-2019, 11:36 PM
Steve_In_29 Steve_In_29 is offline
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Originally Posted by dontbuypotteryfromme View Post
We haven't exactly read a single qualified opinion on this though.

I mean flat earth sounds plausible if you don't have the background to understand it.

So throwing out a random set of figures from nowhere and then expecting a bunch of non economists to refute it is pointless.

Start with the real story and then you could have an honest discussion.
It's not random figures it was what she proposed.

It doesn't take a rocket scientist to understand that forcing every billionaire and large corporation to liquidate 10% of their assets so the money can go to the .gov is going to have BAD affects.

As was pointed out, it's not as if billionaires are like Scrooge McDuck with a vault full of money they go swimming in. Most of that wealth is in hard assets. Assets that in most cases can't simply be sold off to raise cash.
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Old 11-02-2019, 11:42 PM
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Here's a question people rarely ask but ought to: Who is going to end up with the money? When money gets spent, it doesn't evaporate. It isn't going to be used as band-aids. Somebody is going to get that money. It isn't going to be us.
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Old 11-03-2019, 04:35 AM
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My father has been talking about this idea from the Senator of late. As he has been pointing out to me, employers do not pay tax in the traditional sense. Employers or companies pass taxes onto the consumer. Higher corporate taxes will undoubtably result in higher prices of consumer goods, such as food, electronics, books, etc.

So the Senator is somewhat correct in saying no direct taxes will be placed onto the middle class with her idea. Instead it will be an indirect tax increase on the middle class, as companies will raise the prices of their products to pay for the tax.
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Old 11-03-2019, 05:43 AM
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Originally Posted by Basic Human Unit View Post
Here's a question people rarely ask but ought to: Who is going to end up with the money? When money gets spent, it doesn't evaporate. It isn't going to be used as band-aids. Somebody is going to get that money. It isn't going to be us.
China and the Middle East will own the USA.

Plus she's forgetting that pensions (401K and pension funds ) are largely invested in the stockmarket. I doubt many people will enjoy ( whats left of their ) pensions.
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Old 11-03-2019, 07:29 AM
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Originally Posted by Basic Human Unit View Post
Here's a question people rarely ask but ought to: Who is going to end up with the money? When money gets spent, it doesn't evaporate. It isn't going to be used as band-aids. Somebody is going to get that money. It isn't going to be us.
It will get ****ed away on some fanatical democratic idea while padding the pockets of politicians who created it.....thats all they have done with our tax dollars for the past 60 years. Then they cant figure out why we are so deep in the hole so they come up with some other retarded plan that will never work but yet can give themselves a damn raise every year without fail despite their F- performance.

Eff them all they aint worth the votes they think they should get
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Old 11-03-2019, 07:37 AM
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Originally Posted by Cranberry View Post
My father has been talking about this idea from the Senator of late. As he has been pointing out to me, employers do not pay tax in the traditional sense. Employers or companies pass taxes onto the consumer. Higher corporate taxes will undoubtably result in higher prices of consumer goods, such as food, electronics, books, etc.

So the Senator is somewhat correct in saying no direct taxes will be placed onto the middle class with her idea. Instead it will be an indirect tax increase on the middle class, as companies will raise the prices of their products to pay for the tax.
This^^^^^^^^

Makes one wonder if it's a setup to institute federal price controls. You know, because power.
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Old 11-03-2019, 07:50 AM
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This^^^^^^^^

Makes one wonder if it's a setup to institute federal price controls. You know, because power.
We pay more than enough in taxes through other means...this BS has to stop
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Old 11-03-2019, 08:10 AM
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$5.3 trillion works out to over $16k per man, woman and child, legal or illegal, in the US. Maybe Sen Warren should offer the plan on a voluntary basis and see how many of even HER supporters actually buy in.
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Old 11-03-2019, 08:55 AM
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Something not mentioned in the Senator's plan is health care waste. Hundreds of billions of dollar per year could be saved if someone in government cracked down on health care spending waste.

There are many reports on this topic. A recent one came out last month from Humana. It's report claims nearly a trillion dollars per year is wasted on unnecessary health care costs.

I wonder why the Senator didn't address this?

https://www.cnbc.com/2019/10/07/stud...ear-in-us.html

excerpt:

....A groundbreaking research study released Monday by Humana reveals that $1 out of every $4 spent on health care in the U.S. annually is being wasted. It's a situation that needs to be addressed by the industry at a time when consumers are grappling with spiraling medical costs....

...Our researchers at Humana recently completed this multiyear study, published this month in the Journal of the American Medical Association. The study puts a spotlight on the nearly 25% of our country's annual total health-care spending that can be deemed as waste, or between $760 billion and $935 billion each year.....
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Old 11-03-2019, 09:14 AM
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More plan details from Saturday Night Live.

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Old 11-03-2019, 11:31 AM
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If the 2020 election breaks bad... I will liquidate the 401k, pay the taxes and do something else with it. You KNOW they will try to get their meat hooks into those accounts.
I keep a very close eye on 401k and Roth account laws. I'm old enough now to get out of mine without a huge penalty and will liquidate those fast. Bad move in some ways because mine make money but I'll be damned if I just let the feds get more involved in any part of those (than they already have).

I'd guess if that should happen it'd be time to buy a lot of silver and gold because it would signal the end for many people. Some people pooh silver and gold assets, but it's wise to use that part of the market as a backup, and by that I mean hands-on assets not those silly plans where you don't really have it in your hands.
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Old 11-03-2019, 12:20 PM
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You think heath care is expensive now just wait until its free.
When they are free, hospitals will become flophouses. A place to hide out, get some food and a bed and an MRI. Homeless people, battered women, deportables, workers wanting some down time, dads with dementia, teenagers who didn't do their homework, anyone wanting some attention... just show up with backaches and stomach aches - hey, it's free medicare for ALL.

52 Trillion? we should be so lucky.
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Old 11-03-2019, 12:35 PM
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This will usher in a bail-in of Independent assets like bank acts, savings accts, retirement savings plans, etc. Gold and silver are good wealth protections but so are vacuum sealers and shovels.

A friend always wonders how many elderly will choose a scoped rifle followed by three hots and a cot with free medical care and an orange jumpsuit......or starvation, once thier spouse and dog are dead. Crazy and bizarre years ago but plans like this move that goalpost much closer to a sad reality.
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Old 11-03-2019, 01:13 PM
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When they are free, hospitals will become flophouses. A place to hide out, get some food and a bed and an MRI. Homeless people, battered women, deportables, workers wanting some down time, dads with dementia, teenagers who didn't do their homework, anyone wanting some attention... just show up with backaches and stomach aches - hey, it's free medicare for ALL.

52 Trillion? we should be so lucky.
That's pretty much how it works in the Army's free medical system.

Basically you can go into a clinic and see that it's overcrowded with perfectly healthy 20 year old soldiers faking various ailments just trying to get out of work.

What makes that even better is that once Docs have been in the service long enough to realize that many are faking it, they stop caring and quit believing anyone altogether. Afterwards, the quality of care soon plummets. The docs just wind up giving Motrin to everyone no matter the ailment..

So that's how a free system will be here. Overcrowded, doctors that don't care anymore, and virtually no one receiving any useful help.

All of this and more coming to our healthcare system for the low low price of 52 Trillion. Yay for us
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Old 11-03-2019, 01:37 PM
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That's pretty much how it works in the Army's free medical system.

Basically you can go into a clinic and see that it's overcrowded with perfectly healthy 20 year old soldiers faking various ailments just trying to get out of work.

What makes that even better is that once Docs have been in the service long enough to realize that many are faking it, they stop caring and quit believing anyone altogether. Afterwards, the quality of care soon plummets. The docs just wind up giving Motrin to everyone no matter the ailment..

So that's how a free system will be here. Overcrowded, doctors that don't care anymore, and virtually no one receiving any useful help.

All of this and more coming to our healthcare system for the low low price of 52 Trillion. Yay for us
I like the one in Idiocracy with the 3 probes and the stoner doctor.
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