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TopicBernie: Let's tax the rich more and leave the middle and poor as is.
SquantoZ
03/10/20 12:12:27 PM
#23:


s0nicfan posted...
The increase in taxes is also about $20T short of what is needed to actually pay for his plans, even assuming M4A only costs $17T as stated in his plan even though only a few weeks ago he was saying it would cost $30T.

Every single analysis of his proposed tax policy is that it's grossly unrealistic.

And as for savings, currently companies cover on average 80% of the cost of healthcare plans as part of subsidized employee healthcare. When that entire tax burden shifts to individuals, they're going to go from covering 20% to 100% of the cost through taxes, so unless those healthcare costs drop by 80% (which is hilarious if anyone thinks that), the increase won't in fact be offset by savings.

Bernie HIMSELF said people would have to pay more. His argument has always been the value of the goods and services being offered is higher than the actual increase people will have to pay in taxes. This shouldn't even be up for debate. Every analysis. Every explanation. Bernie HIMSELF: people will pay more.
https://www.realclearpolitics.com/video/2019/06/12/bernie_sanders_on_socialism_people_would_be_delighted_to_pay_more_in_taxes.html

Thanks for the this. I'm still all for this tradeoff.

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