Bernie Sanders likely wants to raise everyone's taxes to pay for universal health care, but promise

[riversedge]

What is with Sanders?? He is not being honest with the voters. He says his health plan SIMILAR to the legislation he introduced. But how similar? How will it be paid for. Who will pay?? And the other existing programs?? What is their fate? According to this 'plan" they will be rolled into the Universal plan. They will vanish. All he gives out is a few crumbs to different news shows and we are left wondering what the details ARE!! All he leaves for sure is a PROMISE.






Bernie Sanders likely wants to raise everyone's taxes to pay for universal health care, but promises it will be worth it.
http://money.cnn.com/2016/01/16/news/economy/sanders-health-care-taxes/



The Democratic presidential contender has long promoted a single payer health care system, which would eliminate the private insurance market in favor of a government-run program. He calls it 'Medicare for All.'

Sanders' plan for health insurance is now in the spotlight, with rival Hillary Clinton demanding that he reveal how he'd pay for it. Her campaign contends it would require raising taxes on the middle class by 9%.

Sanders has waffled on whether he'd unveil details before the Iowa caucuses next month, but said the plan would be similar to legislation he introduced in Congress in 2013. Under that proposal, the middle class would ultimately save money, he says. .......................

Sanders' plan hasn't been evaluated by the Congressional Budget Office or major think tanks. But a rough estimate by RAND Senior Policy Researcher Peter Hussey -- using CBO's estimate of total wages and Sanders' tax rates -- found the proposal would probably bring in around $700 billion.

Separately, RAND researchers Chapin White and Virginia Kotzias estimated a single payer program would take a nearly 12% payroll tax to cover costs. Eliminating deductibles and co-pays would make it harder to make the numbers work, especially since it would likely prompt people to go to the doctor more often or get more tests done.

"It would be a very optimistic assumption that you could pay for it with just income and payroll taxes at the level [Sanders] proposed," Hussey said.