A generation of young people coming up with solid educations and not burdened with 150k of student loan debt out the front door will be a generation of investors and small business owners.
@MGBguy:
Giving them "free" college education means they WILL be paying for it. But they'll be paying for everyone else's college education and they'll be paying the rest of their lives. They'll be paying for some who don't even do anything with their education. Outcomes change when paid for with someone else's money, and not for the better. Also notice Bernie's tax chart only shows marginal rates. He's not showing you a comparison of rates people actually pay (effective rates). The reason is as you can see on his website is that he proposes to close many tax "loopholes". Closing these loopholes will raise people's taxable income, moving them into higher tax brackets, even though they had no change to their gross income. That's no different than a tax increase. I'm also referring to individual tax increase that comes from the proposed changes to corporate tax. Because as any responsible adult knows, corporations don't foot the bill for taxes. They are merely the entity that passes payments along that are paid by consumers.
One item overlooked in the cycle of stupidity meme above, inflation is also a tax and it hits lower and middle income earners the hardest. Stated another way, you cannot oppose other candidates flat tax proposals on the basis of it affecting low income earners the most without being a hypocrite on new spending proposals that cause the Treasury to print more money, causing inflation. 4951