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2020 Democratic Challengers VII: Bon Voyage Beto

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  • 2020 Democratic Challengers VII: Bon Voyage Beto

    To the last post, the employer pays it to the extent that the corporation pays taxes. They don’t. The consumer does.

    Or in this case, wages are probably going to be suppressed to account for it.
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  • #2
    Re: 2020 Democratic Challengers VII: Bon Voyage Beto

    And workers shifted to contractor status (which is already a dumb loophole to begin with). Also the article explains how it’s an indirect tax in the middle class and why it’s not a great funding mechanism/less progressive/harder to enforce than the payroll tax alternative.

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    • #3
      Originally posted by dxmnkd316 View Post
      To the last post, the employer pays it to the extent that the corporation pays taxes. They don’t. The consumer does.

      Or in this case, wages are probably going to be suppressed to account for it.
      Its the same amount as they pay now. The consumer may pay for it, but no more than they're already paying for it.
      What kind of cheese are you planning to put on top?

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      • #4
        Re: 2020 Democratic Challengers VII: Bon Voyage Beto

        Sure, if we just assume that the corporation isn’t going to adjust in any way to exploit the massive loopholes in her plan.

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        • #5
          Originally posted by dxmnkd316 View Post
          To the last post, the employer pays it to the extent that the corporation pays taxes. They don’t. The consumer does.

          Or in this case, wages are probably going to be suppressed to account for it.
          Corporations definitely pay their payroll taxes, which is all this is. I’m guessing that many (most?) companies that currently offer a health plan as a benefit contribute more than $9500 per employee, so those companies would actually come out ahead.

          I’m sure this would be obvious when you see the wages rising as those companies equitably share that windfall with employees!
          If you don't change the world today, how can it be any better tomorrow?

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          • #6
            Originally posted by LynahFan View Post
            Corporations definitely pay their payroll taxes, which is all this is. I’m guessing that many (most?) companies that currently offer a health plan as a benefit contribute more than $9500 per employee, so those companies would actually come out ahead.

            I’m sure this would be obvious when you see the wages rising as those companies equitably share that windfall with employees!
            Bingo.
            Mookie’s company just got a 50% discount and mookie’s bill went up.

            Back to the drawing board Lizzie
            a legend and an out of work bum look a lot alike, daddy.

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            • #7
              Re: 2020 Democratic Challengers VII: Bon Voyage Beto

              I think the payroll tax idea is perfectly fine, but it needs to be a percentage, not fixed, and it needs to include all compensation, otherwise companies will pay their CEOs $1 of salary and $20M of stock options. You want to have a high-paid CEO who will be part of the 1%? Fine, no problem - but you’re going to be paying for the healthcare of hundreds of poor people at the same time.
              If you don't change the world today, how can it be any better tomorrow?

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              • #8
                Re: 2020 Democratic Challengers VII: Bon Voyage Beto

                How about then based on global revenues?

                >$5mm is 20% of total paid compensation
                $1mm - $5mm 10%
                <$1mm 7.5% of total comp
                a legend and an out of work bum look a lot alike, daddy.

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                • #9
                  Re: 2020 Democratic Challengers VII: Bon Voyage Beto

                  Learned this morning from Corey Booker no less that Stock Buybacks were illegal at one time. And, I looked it up this morning and was totally not shocked to learn that it happened in the same administration that codified trickle down economics as the economic engine of the United States of America.

                  Boy are we a ****ing stupid country.
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                  Originally Posted by dropthatpuck-Scooby's a lost cause.
                  Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

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                  • #10
                    Re: 2020 Democratic Challengers VII: Bon Voyage Beto

                    Mixed polling in battleground states




                    But in an Emerson poll for Michigan

                    "I went over the facts in my head, and admired how much uglier the situation had just become. Over the years I've learned that ignorance is more than just bliss. It's freaking orgasmic ecstasy".- Harry Dresden, Blood Rites


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                    • #11
                      Re: 2020 Democratic Challengers VII: Bon Voyage Beto

                      Those polls are worth considering. While I believe in my heart that running farther left will bring out a new electorate I am not willing to risk another four years of fascism to prove it. I could be wrong and that's not the way I want to find out.

                      Because Biden just wants to be president before shuffling off this mortal coil, and has no governing philosophy of his own, it could work to run him and inundate his administration with principled democratic socialists while leaving the "sanitized for your protection" facade intact. That would be the opposite of what Democrats usually do (c.f. Obama, campaign as a liberal, govern as a centrist).

                      Of course a hardcore left veep would help demonstrate bona fides, but I don't see Warren adding as much to Biden as say Harris.
                      Last edited by Kepler; 11-04-2019, 08:57 AM.
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                      • #12
                        Re: 2020 Democratic Challengers VII: Bon Voyage Beto

                        I'd be more worried about Biden in a general election campaign than I would be if he was actually President. If he ended up winning I picture him as a go along get along kinda guy like he was when in the Senate. That's not a good thing but solid Dem leadership in Congress ought to keep him in line. He'd almost be like a Constitutional monarch, just putting an official stamp on whatever bills crossed his desk.
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                        • #13
                          Re: 2020 Democratic Challengers VII: Bon Voyage Beto

                          Originally posted by Kepler View Post
                          Those polls are worth considering. While I believe in my heart that running farther left will bring out a new electorate I am not willing to risk another four years of fascism to prove it. I could be wrong and that's not the way I want to find out.

                          Because Biden just wants to be president before shuffling off this mortal coil, and has no governing philosophy of his own, it could work to run him and inundate his administration with principled democratic socialists while leaving the "sanitized for your protection" facade intact. That would be the opposite of what Democrats usually do (c.f. Obama, campaign as a liberal, govern as a centrist).

                          Of course a hardcore left veep would help demonstrate bona fides, but I don't see Warren adding as much to Biden as say Harris.
                          Quite a few were predicting this summer that a Biden/Harris ticket stood the best chance of dumping dumb. Might be an accurate assessment, even if neither is the first choice for many, since the target group is so small and the jursdictions at play are so few that they are hard to predict. This is a one-and-done, not total goals, format.
                          Last edited by burd; 11-04-2019, 09:49 AM.

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                          • #14
                            Re: 2020 Democratic Challengers VII: Bon Voyage Beto

                            Biden won't initiate reform and won't inhibit it. The aggressiveness of change will come from the People and the Congress. In that regard very much like Obama. It will be harder to the Noise Machine to generate End Times Catastrophe fear and paranoia about him, although obviously they'll try and the 25% will fall for it. The gun nuts and Bible fondlers will be no less insane, and Dump will still be a 24/7 font of evil gibberish.

                            Anyway, still a long, long way to go before the nomination fight even gets going. No actual primaries until February 11.
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                            • #15
                              Re: 2020 Democratic Challengers VII: Bon Voyage Beto

                              Harris closes campaign offices and fires staff in NH. She's all but done.
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