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2016 Postmortem

exboyfil

(17,865 posts)

8. Any cap?

Reply to hill2016 (Reply #3)

Sat Nov 21, 2015, 10:29 PM

Nov 2015

Using Social Security receipts as a benchmark that would be $22B which translates to $470/wk for 4 M births and 12 weeks leave.

Sounds like it would work.

Some other numbers to consider.

General revenue is going to need to make at least $150B/yr. more either through taxes or borrowing to pay back current Social Security debt for the next 14 years or so when the Trust Fund will be exhausted. At that point benefits will be 60% or so of current amount unless the cap is removed.

Long Term Care (Medicaid) will continue to rise and that needs to be covered as well.

Medicare etc.

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Highlight:

Poll: Bernie's avg $1.40 per week flat tax so moms can stay home with their newborns is... [View all] MannyGoldstein Nov 2015 OP

K&R to show how ridiculous this whole thing is. HerbChestnut Nov 2015 #1

Oh @#$& you, Manny, you @#$&ing @#$& Kip Humphrey Nov 2015 #2

nice try hill2016 Nov 2015 #3

Pssst..."Flat tax" came from Clinton supporters in order to attack this proposal (nt) jeff47 Nov 2015 #6

flat tax as a percentage hill2016 Nov 2015 #10

This message was self-deleted by its author jeff47 Nov 2015 #11

Why? Because it's less relatable? jeff47 Nov 2015 #13

ha ha hill2016 Nov 2015 #15

Well, so far only one proposal is paid via payroll tax jeff47 Nov 2015 #17

Sanders is not proposing this, Senator Gillibrand is proposing this, Sanders is just one of many Bluenorthwest Nov 2015 #20

Any cap? exboyfil Nov 2015 #8

hill2016 says "let's be honest here" Scootaloo Nov 2015 #12

when have I ever been factually wrong? hill2016 Nov 2015 #16

What I want to know... TDale313 Nov 2015 #4

Nowhere near that long. And they'd claim it was gravitas. (nt) jeff47 Nov 2015 #7

Oh, it would totally have been her idea first Hydra Nov 2015 #19

Do the numbers line up? exboyfil Nov 2015 #5

$1.40 per week is what the median worker would pay. Eric J in MN Nov 2015 #14

Saw that at another post exboyfil Nov 2015 #18

NJ has Paid Family Leave at just over $1 a week. This is doable. nt TheBlackAdder Nov 2015 #9

I voted for looney Republican nonsense Jack Rabbit Nov 2015 #21