As a Democrat, I read with interest Blaine Lotz’s “Other Views” piece endorsing Hillary Clinton.
You identify him as chair of the Beaufort County Democratic Party. His view reads as a party endorsement, which I find to be unethical to print before the Democratic nominee is determined.
He questions how Bernie Sanders will pay for his proposals. Here are the answers:
The Rebuild America Act will be funded by taxing corporate offshore income.
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College for All will be funded by Wall Street speculation tax.
The Social Security Expansion Act will be funded by removing the payroll tax cap for earnings above $250,000.
The Employ Young Americans Now Act will be funded by closing the carried interest loophole.
Twelve weeks of paid family and medical leave will be funded by an additional 0.2 percent payroll tax.
The Keep Our Pension Promises Act will be funded by closing tax loopholes on estate taxes and artwork.
The Responsible Estate Tax Act will be funded by instating progressive estate taxes on inheritances over $3.5 million and closing estate tax loopholes.
The End Polluter Welfare Act will be funded by ending tax breaks and subsidies for fossil fuel companies.
The Medicare for All Health Care Plan will be funded by a 6.2 percent income-based health care premium paid by employers, a 2.2 percent income-based premium paid by household, progressive income tax rates, taxing capital gains and dividends the same as income from work, limiting tax deductions for the rich, adjusting the estate tax, and savings from health tax expenditures.
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