Difference between revisions of "Bernie Sanders(Tax Reform)"

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[[Bernie Sanders | Bernie's]] [[Tax Reform]] [[Bernie Sanders(Tax Reform)| (section page)]]
 
[[Bernie Sanders | Bernie's]] [[Tax Reform]] [[Bernie Sanders(Tax Reform)| (section page)]]
  
Prevent large corporations from shifting profits overseas to avoid paying US taxes.  Increase taxes on capital gains and dividends. Close loopholes on corporate taxes. [https://berniesanders.com/issues/income-and-wealth-inequality/(BSWII)]
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Prevent large corporations from shifting profits overseas to avoid paying US taxes.  Increase taxes on capital gains and dividends. Close loopholes on corporate taxes. [https://berniesanders.com/issues/income-and-wealth-inequality/ (BSWII)]
  
 
*6.2 percent income-based health care premium paid by employers
 
*6.2 percent income-based health care premium paid by employers

Revision as of 16:51, 26 January 2016

Bernie's Tax Reform (section page)

Prevent large corporations from shifting profits overseas to avoid paying US taxes. Increase taxes on capital gains and dividends. Close loopholes on corporate taxes. (BSWII)

  • 6.2 percent income-based health care premium paid by employers
  • 2.2 percent income-based premium paid by households.
  • Progressive income tax rates.

Under this plan the marginal income tax rate would be:

37 percent on income between $250,000 and $500,000. 43 percent on income between $500,000 and $2 million. 48 percent on income between $2 million and $10 million. (0.08% of population) 52 percent on income above $10 million. (.01% of the population)

  • Taxing capital gains and dividends the same as income from work
  • Limit tax deductions for rich
  • The Responsible Estate Tax

Creation of progressive estate tax on the top 0.3 percent of Americans who inherit more than $3.5 million.

(BSWHC)