Idk what the average federal tax rate would be to pay for her plans but it would be absurdly high. Well over 50%. Probably like 60-70% for anyone that earns 6 figures. That sounds awful to me.
We would run a deficit like we do for everyone else.
Yeah, I don’t think you’re familiar with her policies, particularly the green new deal. I’m not even certain that they’re possible.
They would be expensive, but acting like we would have to raise taxes to pay for all of them while Trump is running a deficit of more than $1 trillion is disingenuous. We would raise taxes and continue running a large deficit, but I don't think effective tax rates would approach 30% on a 100k salary, let alone 60-70%.
Right, you don’t think they would approach 30% bc you’re not actually familiar with her policies.
She wants to:
Cover the entire country in high speed rail
Update every structure in America to the most efficient classification
Convert to all renewable energy
All autos will be electric
Free college
Free healthcare
Free childcare
Forgive all student debt
Every type of paid leave imaginable
Maternity leave of at least one yr
Paid vacation
Paid holidays
Federal job guarantee which I assume will include a pension
Reparations
Open borders
No homeless people (so free housing for anyone that wants it)
Give money to other countries to help them convert to renewables
Reduce working hours
And I’m sure a lot more ideas are forthcoming