What happens in Denmark, could happen here.
The two leading candidates for the Democrat nomination for President, Sen. Bernie Sanders and Secretary Clinton, both mentioned their admiration for the socialist policies of Denmark, and how they have lots of FREE!. People often cite the Scandinavian countries when praising socialism. So, the question becomes, how does Denmark work? Here is a little information.
Denmark has a 60% individual tax rate, and a 25% corporate tax rate. Two things are obvious, the corporate rate is 10% BELOW the highest corporate rate in the United States, and the individual rate is WAY higher than any rate in the United States. Of course, that fits with Senator Sander's plan to have a truly confiscatory tax rate on the rich. After all, how else can you afford FREE!? There is one problem with that, and I doubt that Senator Sanders will be honest about that problem. IT ISN'T JUST THE SUPER RICH THAT PAY THAT TAX IN DENMARK! Well, they do, but so do a lot of other people. How many? If you earn more than $60,000 a year, you are paying that rate! Rich? Check. Super Rich? Check. Middle Class? Check, check, check!
So, will he be honest about the middle class having a federal 60% rate to help pay for FREE!? Maybe, if anyone would, he would. I do have an admiration of sorts for Senator Sanders. He is a Socialist, and he wears that title proudly. I don't think he is playing to the masses like I suspect Secretary Clinton is. He is energetic because he believes what he is saying. It is obvious.
A note to the Republicans on that last concept. Trump has followers because it is obvious that he believes what he is saying. It is no wonder that Bush looks tired. When it comes to limiting government, he says it because he has to, not because it is a core belief.
While I suspect that Rand Paul will surprise people when it comes to actual votes, I doubt that he can win the nomination. As a libertarian, he is a victim of the foreign policy of President Obama and the result of the those policies. Why? It brings foreign policy to the front, and even though I think libertarian principles can work on the international stage, the public wants action. People want America to be great, and they see projecting power as a way to do that. A libertarian Republican like Paul is not necessarily against projecting power, he just wants it done constitutionally, meaning through the Congress, and an actual Declaration of War. If Paul drops, then I would support Cruz, and after Cruz, After Cruz, I would hope that between Carson, Fiorina, and Rubio, could coalesce around a single candidate.
One last thing to close on Denmark. They have recently been moving to the right, and starting to retreat from their socialist policies. They just elected a center right government that wants to be tough on immigration. They see the wave of immigration and know that while their system works with nearly everyone working, when you bring in an underclass that won't assimilate, thus sentencing themselves to abject poverty, that system can't work. It will be bad for Denmark, and all the other European countries, and it would be bad for the US.
Denmark has a 60% individual tax rate, and a 25% corporate tax rate. Two things are obvious, the corporate rate is 10% BELOW the highest corporate rate in the United States, and the individual rate is WAY higher than any rate in the United States. Of course, that fits with Senator Sander's plan to have a truly confiscatory tax rate on the rich. After all, how else can you afford FREE!? There is one problem with that, and I doubt that Senator Sanders will be honest about that problem. IT ISN'T JUST THE SUPER RICH THAT PAY THAT TAX IN DENMARK! Well, they do, but so do a lot of other people. How many? If you earn more than $60,000 a year, you are paying that rate! Rich? Check. Super Rich? Check. Middle Class? Check, check, check!
So, will he be honest about the middle class having a federal 60% rate to help pay for FREE!? Maybe, if anyone would, he would. I do have an admiration of sorts for Senator Sanders. He is a Socialist, and he wears that title proudly. I don't think he is playing to the masses like I suspect Secretary Clinton is. He is energetic because he believes what he is saying. It is obvious.
A note to the Republicans on that last concept. Trump has followers because it is obvious that he believes what he is saying. It is no wonder that Bush looks tired. When it comes to limiting government, he says it because he has to, not because it is a core belief.
While I suspect that Rand Paul will surprise people when it comes to actual votes, I doubt that he can win the nomination. As a libertarian, he is a victim of the foreign policy of President Obama and the result of the those policies. Why? It brings foreign policy to the front, and even though I think libertarian principles can work on the international stage, the public wants action. People want America to be great, and they see projecting power as a way to do that. A libertarian Republican like Paul is not necessarily against projecting power, he just wants it done constitutionally, meaning through the Congress, and an actual Declaration of War. If Paul drops, then I would support Cruz, and after Cruz, After Cruz, I would hope that between Carson, Fiorina, and Rubio, could coalesce around a single candidate.
One last thing to close on Denmark. They have recently been moving to the right, and starting to retreat from their socialist policies. They just elected a center right government that wants to be tough on immigration. They see the wave of immigration and know that while their system works with nearly everyone working, when you bring in an underclass that won't assimilate, thus sentencing themselves to abject poverty, that system can't work. It will be bad for Denmark, and all the other European countries, and it would be bad for the US.
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