Bloomberg running for president.

[Gman]

Bernie is an "Independent" running as a "Democrat". I can understand the Dems not feeling comfortable with him representing the party.

[spqrzilla]

https://twitter.com/iowahawkblog/sta...64352323555328

[Great-Kazoo]

Bernie is an "Independent" running as a "Democrat". I can understand the Dems not feeling comfortable with him representing the party.

The regular D's are not comfortable with the bern's ideology. As were the never trumper R's, when trump got the nomination. The status quo doesn't like being upset, ever.

[Gman]

Last time around it was pretty obvious that people weren't happy with the establishment parties on either side. Hillary just did a better job of rigging the DNC to prevent anyone but her getting the nomination. The Republicans didn't rig things to prevent Trump from getting the nod without their blessing (probably due to the RNC being very ineffective). I think the Dems are comfortable with Bernie's ideology, they're just not comfortable about being honest about it.

[FoxtArt]

Bernie wants the highest marginal income tax rate to be 79%+

E.g. If you're a top income earner, you keep only 21% of your income (from that bracket*), before we even factor state tax. Let's not forget there's a lot of democrats with money too.

Just getting the nomination might throw the economy into a recession from the equity reaction alone... so beware of that ya'll, I did warn you. Be careful with your investments around the "nomination" timeframe.

* Common misconception: You are actually taxed at the rate of all the lower brackets, first, up to their respective income threshold. When you break into a new tax bracket, it is only that income above that bracket line that is taxed at that higher rate.

Surprisingly the young gay millennial is considered more moderate and would have less of an equity effect. Even more surprising he (BootyGig) lacks support in the younger crowd, but makes up for it with the fogeys. What a bizarre election.

Something of note: Remember that in Co, registered independents can participate in either side. I'm not sure what the more effective strategy is though... support Booty, and hope that in worst case, if T didn't get elected we get the lesser of all the evils, or support some close-second that has less of a chance of beating Trump altogether. Who that would be, no clue, and probably no chance of them getting a nom anyway. At any rate, CO independents can have more influence at this stage in the election than we will in November, when we all become irrelevant.

[whitewalrus]

May have been the reason Bloomberg is buying his way in...doesn't want to pay the tax rates the others are proposing.

[Gman]

Something of note: Remember that in Co, registered independents can participate in either side. I'm not sure what the more effective strategy is though... support Booty, and hope that in worst case, if T didn't get elected we get the lesser of all the evils, or support some close-second that has less of a chance of beating Trump altogether. Who that would be, no clue, and probably no chance of them getting a nom anyway. At any rate, CO independents can have more influence at this stage in the election than we will in November, when we all become irrelevant.

This is why I changed my registration to "unaffiliated" after the last election. Now that the state pays for the parties' candidate selection, and the primaries are 'open', there's no real advantage to being registered with either party.

[MrPrena]

Speaking of 79%+ INCOME TAX

Idiot vs reality.

Idiots thinks that billionaires gets multi million dollar salary/pay check to be a billionaire.

Reality is that they take home $1 per year income, and take dividends and exercise stock options and warrants , or dispose position for cap gain taxes.

Let the socialist raise it to 79%. Moderate rich suffers, but super rich will STILL get richer.

I use the same damn playbook from them.
I am planning to ONLY pay myself a ~$12k+ this year.

If my right pocket has a bigger hole, I will utilize my left pocket and take coin out of the left pocket.

[Gman]

The top 3% already pay 1/2 the taxes. The stuff Bernie is talking about giving away is our entire budget many times over. He's playing a class warfare game. He went after millionaires until he was one, so now his target is billionaires. He's a hypocrite that takes advantage of the naive, yet protects himself as one of the ruling elite.

[FoxtArt]

Oh jeeeeeeeeez. Did you guys hear Bloomberg has a terminal disease and has only a little over 10 months to live?

https://www.yahoo.com/news/hillary-c...151839865.html