Picture credit: The Huffington Post
Recently graduating from a left-leaning university, in a left-leaning city, with a majority left-leaning friends, all of whom are overly-equipped with cuddle bears and safe spaces, every day Ive had to suffer through hearing about the glorious socialist utopia that would come about with a Bernie Sanders presidency.
Having actually studied political science, focusing heavily on various countries policies and economics, I have to fight a constant urge where I dont lower myself to the lefts standards and go on a peaceful protest rampage. Fortunately, it has never come to that. Being well-equipped with a basic knowledge of economics and morality, one can ask three simple questions to stun any Bernie bro.
This is probably one of the best arguments against Sanders specific idea of socialism, as his views are radical even for a modern socialist.
While socialism never works in the long run, as we have seen with Venezuelas collapse and Sweden and Denmarks reduction in benefits and fragile economic systems, there are measures that can prolong its life.
Sweden and Denmark, both the golden standard for socialists, have some the lowest corporate tax rates in the world. In Sweden and Denmark, the corporate tax rate is 22 percent; whereas in the United States, we have a whopping tax rate of 38.9 percent; the second highest in the world. For socialism to be sustainable, even if it is only in the short run, Sweden and Denmark understood the necessity for investment. They needed incentives for companies to move to their country and employ their population.
As mentioned before, this still isnt enough to save them from disaster that occurs from any type of economic change, which usually leads to heightened unemployment, budget imbalance and increased deficit, and the inevitable removal or reduction in welfare benefits. However, Sweden and Denmarks policy on low corporate tax rates is something Bernie never addresses. Hedoesnt understand this and seeks only to ridicule corporations and the wealthy; the very people that provide the economic means to make socialism as sustainable as it will ever be. Could you imagine a millennial wrapping his head around the idea of lowering tax rates for those evil corporations? Me neither.
This is, arguably, the biggest flaw in Sanders socialist dream.
While this should be common knowledge for a Bernie supporter, youll find many dont actually know the answer or have looked at the in-depth causal effect of what is proposed.
Quoting from Bernie Sanders official site, he states: There is something profoundly wrong when the top one-tenth of one percent owns almost as much wealth as the bottom 90 percent. While this figure is mostly accurate, there are debates about its validity. Politifact references fellow libertarian Daniel Mitchell when he argues that tax laws in the late 20th century required high income taxpayers to report capital income, while middle income citizens didnt have to. Despite this fact, Mitchell goes on to say that the rich arent rich because the poor are poor; the rich are rich, because they are innovative and provide services which others want.
Back to the question at hand. While Bernie mostly relies on demonizing the wealthy, there are instances where he provides a plan to redistribute the wealth.
They consist of raising taxes on the rich, raising the minimum wage, providing government-funded youth programs, and other expensive programs, all to be billable to higher income individuals. At this time, the top 10 percent already pay 68 percent of all federal income taxes and 53 percent of all federal taxes in general.
What happens when that tax rate widens and the wealthy pay more in taxes and middle class pays less? If you believe those in the top 10 percent are millionaires, youre very wrong. The income for the top 1 to 10 percent is between $380,354 to $113,799. In other words, essentially anyone that owns and operates a successful business. The people that took a risk with their own money, bet on themselves, and came out positive; the people that are providing jobs to the middle class; the people that have to put payroll on their own credit card and often use their own funds to invest in their company; those are the people that Bernie Sanders wants to tax even more, and he hides that fact by having the public perceive the top 10 percent as fat oil men sitting on a mountain of cash.
By redistributing wealth, you are essentially taking money from those that provide the jobs for everyone else, invest and take rise, and essentially keep the economy going. Not only is it morally wrong, but economically idiotic.
The American Dream is based on an idea that anyone can succeed in this country if they have the desire to work hard enough. It is one of the major reasons that America has had the most successful economy since World War II.
The government, specifically under Reagan and Clinton, facilitated an environment where people could achieve anything, because the government would interfere as little as possible. It is why the Reagan and Clinton years (despite the Democrats stance on the economy today, Clintonomics was very much in favor of being enterprise-friendly and making the government smaller) were some of the best economic years in American history.
Bernie Sanders plan is to go against this logical concept, and label the successful and wealthy as the enemy and everyone else as the victim. So, if a successful economy is determined by innovation and a strong working class as Reagan and Clinton proved how do you incentivize people to take risk on themselves and open businesses or try to get a promotion and make more money, when the more money you make, the more is taken away?
* Braden Paynter is your average Joe Schmoe, who loves his country and all the freedom it entails. He has received an education in political science and international politics, being one of the few in his class to emerge without shouting leftist propaganda at the top of his lungs.
The main BeingLibertarian.com account, used for editorials and guest author submissions. The views expressed here belong to the author and do not necessarily reflect our views and opinions. Contact the Editor at editor@beinglibertarian.email
Like Loading...
Continued here:
3 Questions for Bernie Supporters - Being Libertarian
- KISS Army horing the US Army [Last Updated On: November 7th, 2009] [Originally Added On: November 7th, 2009]
- Post-Election: Liberal Columnist Peter Beinart says GOP now has a "libertarian thrust" [Last Updated On: November 7th, 2009] [Originally Added On: November 7th, 2009]
- Indiana Gov. Mitch Daniels goes Libertarian: Orders 10% Cut for State Agencies [Last Updated On: November 7th, 2009] [Originally Added On: November 7th, 2009]
- Libertarian Group calls for Apology from Obama for his insulting and inappopriate Remarks after Ft. Hood [Last Updated On: November 7th, 2009] [Originally Added On: November 7th, 2009]
- Now the responsibility of American Muslims is to expose the Radical Jihadists among us [Last Updated On: November 7th, 2009] [Originally Added On: November 7th, 2009]
- Lt. Col. Ralph Peters on Hasan, calling it like it is [Last Updated On: November 7th, 2009] [Originally Added On: November 7th, 2009]
- Rush County Residents Start Effort to Organize County [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Libertarian Party of Marion County Announces Second Annual Canned Food Drive [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Cato: Federal Education Results Prove the Framers Right [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Bell: If a picture is worth a thousand words, what's a word worth?... [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Maguire: How I will Vote on Wishard This Tuesday [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Contrary to Popular Belief... There IS an Election TODAY [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- That Would be Perfect: Stop the RTA [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Press Release: Libertarian Party Reaction to Voters Defeating the RTD [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- An Easy Way To Email Your Senators on Obamacare and Responsible Energy Policy [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- The Bell Curve: Oh yeah, that's a lot better... Property Tax "solution" Destroying Indiana Small Business [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Libertarian City Councilman Mark Byrne, Port Huron, MI wins endorsement of Local Paper for Reelection [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- WASHINGTON STATE: Race for King County Executive one to watch [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Closeted Republican could be elected Atlanta's next Mayor [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Obama will own a Corzine loss [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Jason Shih, Photo of Corzine Staffer busted for Drugs [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Sarah Palin blasts Biden over Energy Hypocrisy [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Murder in Arizona: Father runs over Daughter in so-called "Honor Killing," she had become "too Westernized" [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Races to Watch for Libertarian Republicans 2009 [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- HUGE NEWS OUT OF TEXAS!! Scores of Democrat County Officials Switch to Republican [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Chris Christie Wins!!! [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Dedicated to Governor-Elect Chris Christie and the Citizens of the Great State of New Jersey [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Republicans win 6 new Seats in Virginia House of Delegates [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Post-Election Party Switchers from Democrat to Republican: 8 so far in Texas [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Libertarian Party Election Results: 5 Victories, 1 Heartbreaking Loss, 1 Big 2nd place finish [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Rand Paul questioned on his Libertarian ties, Father's controversial Foreign Policy views [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Libertarian "RINO" wins County Council seat in Erie, Pennsylvania [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Republicans sweep Westchester County, New York on Anti-Tax message [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- GOP Congressional candidate Alan West says Fort Hood tragedy "proof" Jihadists infiltrating our Military [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- TEXAS STATE REPRESENTATIVE SWITCHES TO REPUBLICAN!!! [Last Updated On: November 8th, 2009] [Originally Added On: November 8th, 2009]
- Minnesota DFL may have a Big Problem on its hands for 2010: Lynne Torgerson [Last Updated On: December 12th, 2009] [Originally Added On: December 12th, 2009]
- New Poll: 39% of Israelis believe Obama is a Muslim [Last Updated On: December 12th, 2009] [Originally Added On: December 12th, 2009]
- Since Obama elected "Worst Year" for Homegrown Islamic Terrorism [Last Updated On: December 12th, 2009] [Originally Added On: December 12th, 2009]
- A Pro-Islamist President? Obama's ties to the Muslim World exposed [Last Updated On: December 12th, 2009] [Originally Added On: December 12th, 2009]
- Libertarian Party of Marion County Holds Holiday Party to Benefit Second Helpings [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Tippecanoe County Libertarian Party Plans to Walk in Christmas Parade [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- NRA: Bloomington, Indiana Herald-Times Treats Law-Abiding Gun Owners like Registered Sex Offenders! [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Kole Hard Facts of Life: Great Post On Copenhagen Global Warming Issues [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- SchansBlog: ClimateGate extravaganza [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Scherschel: A Letter to the Editor of the Bloomington Herald Times [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Press Release: Libertarian Party of Johnson County Wants Voters To Decide on Jail Expansion [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- LPIN HQ Seeks Interns in 2010 [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Cato: More Federal Health Care Fraud [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Indiana Election Division Releases Important 2010 Election Guides [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Mahmoud Ahmadinejad preparing Holy War against the United States [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Pro-Liberty Students in Iran Protest Against the Government [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- It's Official! Tea Party Movement founded by Libertarian Republicans and that settles it! [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Good news for Republicans against Dodd; All three GOPers come out ahead [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Massachusetts GOP: We have a candidate [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Libertarian Republican bloggers discuss Climategate, Health Care and Hot Political Races [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Panel votes against Impeachment for Libertarian Republican Gov. Mark Sanford [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Reid Senate Plan includes Individual Mandates: $750 Fine for Non-Compliance [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- OHIO: More gains in latest poll for Fiscal Conservative John Kasich [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Yet another bigtime incumbent Dem calls it quits; Rep. Brian Baird (WA) faced increasingly tough Reelection [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- RCP running average for Obama Approvals drops to 48.9% [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Sarah Palin, Ron Paul ticket 2012? Sarah on Top [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Libertarians attacked by Leftists at Welcoming Event in Copenhagen [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Baucus mistress Melodee Hanes sleeping her way to the Top [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Not the First Time Baucus has had a Sex Scandal: Harrassment Allegations back in 1999 [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Baucus "Bimbo Eruption" gains Criticism back Home; Calls for his Resignation [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Senator DeMint officially endorses Michael Williams for US Senate - Texas [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- WISCONSIN: Terri McCormick for Congress [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Nancy Pelosi as Stalin: One California Korean-American says it fits [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Abolish Medicare says Glenn Beck [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Glenn Beck on Barbara Walters: Describe my politics? "Libertarian, Maximum Freedom" [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Obama is a Muslim entering Pop Culture [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Fed Bureaucrats get big raise in Compensation: Private Sector workers grow Poorer [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Obama Administration launches Massive Assault on Financial Privacy [Last Updated On: December 13th, 2009] [Originally Added On: December 13th, 2009]
- Tucker Carlson to launch new Journalist Website: Promises not to "suck up" to Obama [Last Updated On: December 14th, 2009] [Originally Added On: December 14th, 2009]
- Michele Bachman: Time to KILL SOCIALISM! [Last Updated On: December 14th, 2009] [Originally Added On: December 14th, 2009]
- IDAHO: Democrat switches to Republican to run against libertarian-leaning Dem Rep. Walt Minnick [Last Updated On: December 14th, 2009] [Originally Added On: December 14th, 2009]
- Did the Missoulian cover up for the Max Baucus Affair? [Last Updated On: December 14th, 2009] [Originally Added On: December 14th, 2009]
- And now some good old-fashioned Hardcore Right-wing Punk Rock from Wyoming [Last Updated On: December 14th, 2009] [Originally Added On: December 14th, 2009]
- Obama's approval ratings take another dip at RCP [Last Updated On: December 14th, 2009] [Originally Added On: December 14th, 2009]
- Adam Andrzejewski for Illinois Governor: Deserving of Conservative and Libertarian support [Last Updated On: December 15th, 2009] [Originally Added On: December 15th, 2009]