Democratic Primaries
Related: About this forumBillionaires should help pay for affordable housing, Bernie Sanders tells Reno crowd
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When I talk about infrastructure, Ill tell you what else Im talking about: The need to build millions of new units of affordable housing, Sanders said in front of a diverse crowd of more than 1,500 supporters gathered for a rally in City Plaza. All over this country, you have people paying 40, 50, 60 percent of their limited incomes in housing
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Noble made headlines this month after going public with a 45 percent rent hike slapped on her Midtown Reno apartment. Without major government intervention, she fears many more will be priced out of their homes.
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At this rate, Nevada wont have any Nevadans left in it.
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She and her husband agreed the real estate market had turned into a game of Monopoly, with very few property owners holding most of the cards.
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https://www.rgj.com/story/news/politics/2019/05/29/bernie-sanders-reno-rally-affordable-housing-crunch/1279248001/
primary today, I would vote for: Undecided
Eliot Rosewater
(31,113 posts)but the ONLY way to achieve those things is by creating a broad based support system within a political party.
The person wanting to accomplish this has to have tremendous support within a party, has to be known as someone they can work with.
For shit to get done, that is.
primary today, I would vote for: Joe Biden
Response to Eliot Rosewater (Reply #1)
Go Vols This message was self-deleted by its author.
obnoxiousdrunk
(2,910 posts)for affordable housing I'm against it.
primary today, I would vote for: Undecided
Uncle Joe
(58,403 posts)primary today, I would vote for: Undecided
obnoxiousdrunk
(2,910 posts)Uncle Joe.
primary today, I would vote for: Undecided
Hassin Bin Sober
(26,335 posts)primary today, I would vote for: Undecided
George II
(67,782 posts)primary today, I would vote for: Joe Biden
Response to George II (Reply #4)
Name removed Message auto-removed
wasupaloopa
(4,516 posts)fall for words without asking how.
primary today, I would vote for: Undecided
SouthernProgressive
(1,810 posts)His thoughts aren't as clear.
I do hope people watch the video.
"in front of a diverse crowd"
I guess there are lots of ways to define that.
primary today, I would vote for: Undecided
George II
(67,782 posts)primary today, I would vote for: Joe Biden
oldsoftie
(12,586 posts)Has anyone told him that there arent enough billionaires to actually pay for anywhere NEAR what all that would cost?
You could double their tax rate & it would still be pocket change.
But in his defense, NO candidate has proposed anything that would raise the real revenues required.
primary today, I would vote for: Joe Biden
Kahuna7
(2,531 posts)plans, it's becoming white noise at this point. Voters aren't stupid and know that the majority of the plans will never become actual policy. These "plans" will also allow the gop to once again label Democrats as tax and spend socialists (not even tax and spend liberals).
IMHO, the candidates should pare their platforms to 2 or 3 major issues, so that voters can better identify what they actually stand for.
primary today, I would vote for: Joe Biden
Honeycombe8
(37,648 posts)There's no doubt they have the money. The billionaires own more wealth together than all the remainder of citizens together. So they have it.
But I'm uncomfortable with this sort of plan that sounds more like punishing someone for making a lot of money than seriously helping others.
The way to handle billionaires is a fair tax system. Then the govt needs to fund certain things; people will pay for the funding in accordance with the fairer tax system.
primary today, I would vote for: Undecided
billpolonsky
(270 posts)...has left the building.
You cant depend on your eyes when your imagination is out of focus. Mark Twain
primary today, I would vote for: Undecided
Uncle Joe
(58,403 posts)primary today, I would vote for: Undecided
appalachiablue
(41,168 posts)primary today, I would vote for: Undecided
GulfCoast66
(11,949 posts)However, it not just billionaires that need taxing, putting aside the fact the we tax income not wealth.
30-40% of Americans are really struggling. 25-30% are barely holding their own. 25% are doing very well. And of course the 1%.
To fund the things this nation need we have to do so many things. But first off is tax the top 25% at a more reasonable level. A group Im in. And my tax rate is absurdly low.
We might be able to sell Americans on that. Might.
But the elephant in the room is defense spending. If we do not cut it by at least 40% there is no way we can take care of the people in this country. I cant see that happening.
Unfortunately, the voting rate of Americans is directly tied to their income. The more money they have, the more likely to vote. Tie that in with the numbers of Americans willing to vote against their interests in support of racist policies and we have a real toxic stew.
primary today, I would vote for: Joe Biden
LibFarmer
(772 posts)All those F-35s must be built in Vermont.
primary today, I would vote for: Joe Biden
Blue_true
(31,261 posts)The way that I think it can be done is to tax every stream of rich people's income at the highest tax rate for the level of income. Super rich people get most of their new wealth through carried interest on investments, currently the tax rate on that is 15% if held beyond a certain time, it should be based on the dollar amount of the income with no games to hide that dollar amount. Also, US citizens (I say ALL rich people in the world) should have to report offshore income and be taxed on it, taking into account foreign income taxes that they pay.
primary today, I would vote for: Joe Biden
LibFarmer
(772 posts)to pay for all of Bernie's slogans.
Bernie's proclamations are already topping $5 trillion in costs. Even if you stripped the Forbes top 400 richest people of every penny of their wealth, it will barely reach $1 trillion.
Math is so nice -- I highly recommend it.
primary today, I would vote for: Joe Biden