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Bernie Sanders Political Analysis

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Socialism is an economic theory of social organization that believes that the means of making, moving, and trading wealth should be owned or controlled by the community as a whole. For the 2016 presidential election, there are traditionally two political parties: republicans, and democrats. However, Bernie Sanders is a self proclaiming socialist, but for his campaign, is running under the democratic political party. Bernie Sanders' thoughts and ideas are severely flawed and his lack of leadership positions are very evident. His inability to provide sound solutions to current problems and realistic evidence of how his ideas will be executed are simply troubling. Granted his socialist ideas sound appealing and convincing, Bernie Sanders would …show more content…

Whether it's increasing taxes for a specific social class, or conjuring up new taxes for the People as a whole, Bernie Sanders plans to rely heavily on the taxation of the People to pay for his future policies and plans. Evidence of this claim can be seen throughout Sanders' solutions for providing the finances for not only free public college, but his entire Medicare for All policy. For instance, based off of income alone, Sanders' has three different taxes to fund his Medicare for All plan. The first tax applying to all people is the 6.2% income tax that your employers will evidentially take right out of your pay check before even seeing it. On top of that, another income tax of 2.2% will be taken out after the 6.2% deduction has already taken place. These two taxes are for all persons and are unavoidable. However, it does not end there. For high income individuals making $250,000 annually, another income tax of 37% will be taken out. The amount of flaw in that specific tax is incredible. Under Bernie Sanders' plan, if you make below $250,000 annually, your income tax rate is 25%. Although if you make over $250,000, or just cross that line financially, your new income tax rate is 37%. Hypothetically, an individual makes $245,000 annually. At an income tax rate of 25%, his take home salary with just this one tax taken out would be $183,750. However, if an individual makes $255,000 annually, with an income tax rate of 37%, his take home salary would be $160,650. This being said, the man that should be making $10,000 less that the other, is actually taking home $23,100 more. Sadly, the taxes don't end there. To further funding Medicare for All, those making $2 million- $10 million yearly will find a new income tax rate of 48%. Being only 2% away from half their entire yearly salary, an individual that should be making $2 million a year will only take home a

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