Senator Bernie Sanders offers “solution” to America’s debt

by Angela Chagnon

Senator Bernie Sanders is offering what his website calls “The Sanders Solution” to reduce America’s debt. As is customary with Sanders’ way of thinking, his plan is mostly dependent on raising taxes and punishing “millionaires and billionaires”.

Some of Bernie’s ideas:

· Repeal “Bush-era tax breaks for the top 2 percent of Americans.”

· 5.4% “surtax on millionaires and billionaires”

· A “Wall Street speculation fee of less than 1 percent on the sale and purchase of credit default swaps, derivatives, stock options and futures”

· Instituting a capital gains and dividends tax

· “A progressive estate tax” on inheritances over $3.5 million

· And, of course, reduce military spending.

Sanders also mentions doing away with tax breaks and subsidies for “big oil and gas companies” and ending “offshore tax shelters”. Not until his last point does he suggest eliminating waste, fraud and abuse.

Read about “Sanders’ Solution” his website here.

 

3 thoughts on “Senator Bernie Sanders offers “solution” to America’s debt

  1. Obama could have been one of our contrys best Presidents.His Ideas would have put us on the right track until they were watered down by the D.C. Monster. They allowed a black President only to set him up to take the blame for the mistakes of the Bush Administration or was it Cheney’s

  2. It is urgent thet the rich and corporate intrests contribute their fare share of taxes and Government Remove people Like Speaker Boehner who is obviously profiting from his actions along with the people he continues to protect. GREED is the engine that now runs this Country. It must be stopped

  3. How can people like me and my family who are workling poor get together to help Senator Sanders effect these changes by protesting in mass. It is evident that most Americans are heading for the poor house. How can we help the Senator force the Rich and corporations pay their fair share.

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