$0 –$18,450 10%
$18,451 – $74,900 15%
$74,901 –$151,200 25%
$151,201 – $230,450 28%
$230,451 – $250,000 33%
$250,001 – $500,000 37%
$500,001 – $2,000,000 43%
$2,000,001 – $10,000,000 48%
$10,000,001 + 52%
http://www.bernietax.com/#0;0
Senator Sanders’s plan would raise tax revenue by $13.6 trillion over the next decade on a static basis. However, the plan would end up collecting $9.8 trillion over the next decade when accounting for decreased economic output in the long run
A majority of revenue raised by the Sanders plan would come from a new 6.2% employer-side payroll tax, a new 2.2% broad-based income tax and the elimination of tax expenditures relating to healthcare.
According to the Tax Foundation’s Taxes and Growth Model, the plan would significantly increase marginal tax rates and the cost of capital, which would lead to 9.5% lower GDP over the long term
http://taxfoundation.org/article/details-and-analysis-senator-bernie-sanders-s-tax-plan
Sanders’ infrastructure plan was originally introduced in January as a Senate bill called the Rebuild America Act. A summary's laid out on his campaign issues page, Creating Jobs Rebuilding America. The plan calls for spending $1 trillion over the same 5-year period. Here’s what his plan includes:
● A $125 billion National Infrastructure Bank to leverage private capital to finance new projects.
● $75 billion to upgrade our passenger and freight rail lines.
● $12.5 billion to improve airports across the country.
● $17.5 billion to upgrade air traffic control systems.
● $15 billion to improve inland waterways, coastal harbors and shipping channels.
● $12 billion each year on high-hazard dams that provide flood control, drinking water, irrigation, hydropower and recreation across the country; and the flood levees.
● $6 billion a year so states can improve drinking water systems.
● $6 billion a year to improve the wastewater plants and stormwater infrastructure.
● $10 billion a year for power transmission and distribution modernization projects.
● $5 billion a year to expand high-speed broadband networks in underserved and unserved areas and to boost speeds and capacity all across the country.
https://ourfuture.org/20151201/clinton-vs-sanders-infrastructure-plans
Bernie Sanders claims that getting rid of these tax loopholes would raise over $100 billion over a decade:
The check-the-box loophole allows multinational companies to characterize their offshore subsidiaries in different ways to different governments so that their profits are untaxed.
The Hewlett-Packard loophole allows American corporations to use short-term loans from their subsidiaries circumvent the requirement that they pay US taxes on their offshore profits when those profits are brought to the US
The corporate inversions loophole allows an American corporation to merge with a (usually much smaller) foreign corporation and then reincorporate as a foreign company to avoid US taxes even as it continues to operate and be managed in the US
The carried interest loophole allows hedge fund managers to characterize their compensation (which they earn for managing other people’s money) as capital gains, which is subject to lower personal income tax rates than other types of income.
Valuation discounts are restrictions placed on small business property given to family members (to keep the business in the family, for example) which are often meaningless but are claimed to dramatically reduce their value for estate and gift tax purposes.
The real estate investment trust (REIT) loophole allows private prisons, billboard companies, casinos and other companies claim that they're making money from rents to avoid paying the corporate income tax.
http://www.sanders.senate.gov/newsroom/press-releases/sanders-asks-obama-to-close-six-egregious-corporate-tax-loopholes
