gut
Senior Member
gut
Senior Member
posted by BR1986FBAnd all of this "free" college tuition he plans on giving away? With the taxes he's looking to impose, who is going to WANT to work? His numbers don't add up but fools are buying into it because it's "new", "fresh" and "edgy." He's their "bro!"
I've stated this many, many times. The equivalent to our FICA in Europe averages 50% higher. That's 7% off the top of your paycheck right there (because, yes, companies are going to pass that tax on to you LOL). Then you have to deal with a VAT that's at least 20%...on almost everything you buy. And, of course, higher marginal tax rates, as well. But don't forget about the real kick in the nuts - higher unemployment and slower growth.
A LOT of Bernie Bros are going to be outraged wondering what happened to all the rich people that were going to pay for the "free" shit.
The implicit "deal" offered by socialism is everyone above the average income (just over $50k in the US) is going to be a net loser giving some of theirs to people below the average. I'm willing to bet a large percentage of pro-socialism voters in the US incorrectly believe they will either benefit, or that someone else will pay for it.