Bernie Sanders

Tax system

• Progressive tax
• Higher %
• more money you make the more you get taxxed!!

Bernie is keeping the progressive tax plan but are making people that get paid higher get a higher %.

Tax plan

• There is a 6.2% income-based health care premium paid by employers and a 2.2% income-based premium paid by households. The plan calls for capital gains and dividends to be taxed as ordinary income. In doing its computations, Tax Foundation assumed that the current net investment income tax would be eliminated. There are higher marginal income tax rates starting from $250,000 at 37% with new brackets of 43%, 48% and a 52% rate over $10 million. Tax Foundation assumes that the 2.2% also goes on the higher earners, making the top individual rate 54.2%. Those are the biggest changes in the individual area.

Advantages

• For the poor to have opportunity to rise up
• rich is stabalized.
• more you make the more it goes up

Disadvantages

• Rich has to pay higher taxes
• cut down on trades

I do agree with what Bernie Sanders want to do and I would support him for it because he wants whats best for the ones that cant pay for health insurance and so the less wealthy can make money and have a chance