Bernie Sanders Gets A Clue, Says Tax Cut Bill Helps Middle Class [VIDEO]

Bernie Sanders Gets A Clue, Says Tax Cut Bill Helps Middle Class [VIDEO]

Bernie Sanders Gets A Clue, Says Tax Cut Bill Helps Middle Class [VIDEO]

Bernie Sanders is a socialist who firmly believes the government is the only entity qualified to handle our money. Which means Bernie really didn’t like the Tax Cut Bill. Letting us keep OUR money? Must. Not. Happen.

Sen. Bernie Sanders, I-Vt.(AP Photo/Carolyn Kaster)

His stance on the bill was ridiculous.

Bernie, get a freaking clue! That single mom wouldn’t be paying any taxes due to her income bracket! Furthermore, that family making $500K sends a LOT more of their $$ to the IRS. This from the guy who said Republicans were out of touch. Uh huh… RIIIGHT.

Exactly. However, that didn’t stop good ole Bernie from doubling down on TEH STOOPID and throwing doomsday predictions into the mix.

Dramatic much Bernie?

Well, the Treasury is still intact and the sky hasn’t fallen. In fact, that middle class that Three Houses Bernie is so concerned about? The ones he’s SURE are going to suffer the most from this tax bill?

Oops!! In fact, via Legal Insurrection, here’s a few ways this tax bill helps American individuals and businesses.

The proposal would maintain seven individual income tax brackets at slightly different rates: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent. The top rate would fall from the current 39.6 percent. The House originally proposed collapsing the system to four brackets, saying it would simplify the filing process.

The bill would scrap the personal exemption but increase the standard deduction to slightly less than double its current level. It would go to $12,000 for an individual or $24,000 for a family.

It would drop the corporate tax rate to 21 percent from the current 35 percent. The change would take effect next year.

The plan would set a 20 percent business income deduction for the first $315,000 in income earned by pass-through businesses.

The bill would scrap Obamacare’s provision that requires most Americans to buy health insurance or pay a penalty. Doing so is projected to lead to 13 million fewer people with insurance and raise average Obamacare premiums, according to the nonpartisan Congressional Budget Office.

The plan would eliminate the corporate alternative minimum tax, which the Senate added back to its plan at the last second to raise money. House leaders and corporate groups said the tax would stifle research and development.

The estate tax, or so-called death tax, would remain but the exemption from it would be doubled.

The child tax credit would double to $2,000 per child from $1,000. It would be refundable up to $1,400 and start to phase out at $400,000 in income.

The plan would limit state and local tax deductions. It would allow the deduction of up to $10,000 in state and local sales, income or property taxes.

Bernie finally had to bow to reality … and admit those darn tax cuts will help.

Man oh man, admitting that the tax cut is a ‘very good thing’ must’ve caused him some serious indigestion!

Not only that, but he wants MORE tax cuts or something. In other words, Bernie is kinda sort of acting conservative!

How much do you want to bet that Bernie’s accountant crunched numbers and found out that Three Houses Bernie will benefit from these tax cuts as well?

Happy New Year Bernie! Welcome to reality and enjoy your tax cuts!

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3 Comments
  • harleycowboy says:

    How much of OUR money are we getting back? Sorry Bernie “The Millionaire” Sanders. When you start paying “your fair share” then we might not call you a “secret capitalist” behind your back.

  • harleycowboy says:

    I like the lip biting photo. Bernie suddenly realizes he has to admit the truth and he can’t stand it.

  • harleycowboy says:

    “The bill would scrap Obamacare’s provision that requires most Americans to buy health insurance or pay a penalty. Doing so is projected to lead to 13 million fewer people with insurance…”
    How many of these people would go without insurance anyway?

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