STICKER SHOCK: This Is How Much More You Will Pay In Taxes If Bernie Is Elected…

If Bernie beats Hillary Clinton, his voters will be be heading to the polls in November  (provided they can put the bong away and wander out of their parents’ basement).

These are the millennials that Rush Limbaugh often refers to as “Young skulls full of mush.” The Sanders crowd is growing in numbers and show no qualms embracing the Marxist principals preached at his rallies.

Sanders is a self-proclaimed socialist and many of his followers have also assumed that label.

Not that they seem to know what socialism is. A fact illustrated in “man on the street interviews” on various talk radio shows and Water’s World, a weekly segment on Bill O’ Reilly’s Fox News program.

The problem with the socialism’s seductive promise of something for nothing is that someone always has to pay. Those who actually produce goods and services, working to earn their own way in life end up footing the bill.

Prepare yourself for sticker shock when you see the amount of tax burden Bernie purposes in his tax plan.

The Independent Journal reports: A new analysis of the Democratic presidential candidate’s tax plan found that the self-professed socialist would raise federal tax revenue by 34% and cut the after-tax incomes of the wealthiest households in the U.S. in half — all to fund his big-government proposals like universal healthcare and free college tuition.

The Tax Policy Center, which conducted the analysis, found that under a Sanders’ administration:

  • The total amount of federal taxes collected would increase by $15.3 trillion over the next decade;
  • The top 0.1% of earners would be taxed an average federal rate of 63.7% in 2017 – up from 34.2% in 2016; and
  • The middle 20% of American households would see their taxes go up $4,692 in 2017 – resulting in a net loss of 8.5% of their after-tax income.

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Tax hikes of the magnitude outlined in Sanders’s plan can only be described as redistribution of wealth. and another step down the path to communism.

History has a tendency to repeat itself, look at Stalin, Mao, and Castro. The millions that died under these communist regimes are a testament to this never ends well.

Source: The Independent Journal

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