Bernie Sanders Bad Ideas are in the news as he pushes himself forward into the 2020 Democrat race in spite of being behind in the polls. On Tuesday, Bernie Sanders, 77, upped the ante on a wealth tax, saying that “billionaires should not exist.” His platform is full of freebies from “medicare for all” to medical coverage for illegals, free college for all, the Green New Deal, and various other amazingly expensive ideas.
His platform also includes eliminating everyone’s past due medical debt. The rest of the world has had to declare bankruptcy over those bills, but now he wants the government to pick up the tab. It seems he wants the government to pick up the tab on pretty much everything. The problem with all of that is: at some point the money runs out.
There should be no billionaires. We are going to tax their extreme wealth and invest in working people. Read the plan: https://t.co/RJDLvX5H4c
— Bernie Sanders (@BernieSanders) September 24, 2019
Fox noted: “Our tax on extreme wealth would only apply to the wealthiest households in America and would cut the wealth of billionaires in half over 15 years, which would substantially break up the concentration of wealth and power of this small, privileged class,” Sanders said in an email to supporters announcing his plan.
And he said that he would “use the revenue to fund our affordable housing plan, universal childcare, and help fund our work to guarantee health care as a right for every man, woman, and child in this country…
…Sanders, in order “ensure that the wealthy are not able to evade the tax,” is calling for creating a national registry and beefing up third-party reporting requirements, increasing funding for the Internal Revenue Service and requiring the IRS to perform audits of 30 percent of those in the 1 percent bracket and audits of all billionaires.
He’s also calling for a 40 percent exit tax on the net value of all assets under $1 billion and a steeper 60 percent on assets over $1 billion “for all wealthy individuals seeking to expatriate to avoid the tax.”
His wealth tax is higher than Elizabeth Warren’s proposal, according to Fox. But Bernie is officially a millionaire with three separate properties. ‘Billionaires shouldn’t exist,’ but what about millionaires? By the end of 2017, Sanders’ net worth was assessed at over $2 million. How does that fly with the “wealth tax” idea?
Has Bernie ever owned a business? Not exactly. He once founded a nonprofit called American People’s Historical Society, which made documentaries.
Has Bernie ever held a 9 to 5 job? Actually, most of his previous employment before election wins was probably part-time in nature, according to PolitiFact. He held some ‘odd jobs’ like an aide at a psychiatric hospital (I’ll just leave that right here), a freelance writer, a preschool teacher and a carpenter. He was once the Mayor of Burlington, Vermont. He is basically a professional politician.
Were any of his bills enacted? Actually yes, 7 non-controversial bills that he sponsored were enacted:
H.J.Res. 132 (102nd): To designate March 4, 1991, as “Vermont Bicentennial Day.”
H.R. 1353 (102nd): Entitled the “Taconic Mountains Protection Act of 1991.”
H.J.Res. 129 (104th): Granting the consent of Congress to the Vermont-New Hampshire Interstate Public Water Supply Compact.
H.R. 5245 (109th): To designate the facility of the United States Postal Service located at 1 Marble Street in Fair Haven, Vermont, as the “Matthew Lyon Post Office Building.”
S. 893 (113th): Veterans’ Compensation Cost-of-Living Adjustment Act of 2013.
S. 2782 (113th): A bill to amend title 36, United States Code, to improve the Federal charter for the Veterans of Foreign Wars of the United States.
S. 885 (113th): A bill to designate the facility of the United States Postal Service located at 35 Park Street in Danville, Vermont, as the “Thaddeus Stevens Post Office.”
In other words, nothing of any consequence.
In 1974, Sanders ran for office while collecting unemployment benefits. There is no evidence he was actually collecting ‘welfare’ at the time.
Bernie’s Bad Ideas
Bernie Sanders claims to be a “Democrat Socialist” in an attempt to distance himself from actual Socialism. But everytime he opens his mouth, real socialism comes out. There is absolutely no difference in his brand of socialism and the real deal. They all tout the “working” people as the base of their ideology. But that system never helps working people, it only helps the rich get richer. Ask Venezuela.
By the way, his wife, Jane, was eventually not charged in a land fraud scheme regarding the University of Vermont.
His background includes praising both the Communist regimes of Fidel Castro and the Soviet Union. Just three years after Sanders praised the Soviet Union, it ceased to exist.
Video: @BernieSanders, University of Vermont, 1986, recalls his excitement watching Castro’s revolution “rising up against the ugly rich people.” & his sick feeling watching JFK speak out against communism in Cuba.
— The Reagan Battalion (@ReaganBattalion) February 21, 2019
All in all, Bernie Sanders bad ideas are…bad. His pay-for-everything ideology would destroy America’s economy and standard of living, our rights, and our hope for the future. The 2020 Democrats all embrace pieces and parts of his platform, some to the fullest extent. It’s the march toward socialism. Let’s stop it.
Featured photo: screenshot of Bernie Sanders from 2016