Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Democratic Primaries
Showing Original Post only (View all)Exclusive: Economist who backed Warren healthcare plan has doubts about her wealth tax [View all]
Link to tweet
- A leading economist who vouched for Democratic presidential candidate Elizabeth Warrens healthcare reform plan told Reuters on Thursday he doubts its staggering cost can be fully covered alongside her other government programs.
Mark Zandi, chief economist at Moodys Analytics, also voiced skepticism that the wealth tax provision in Warrens plan - a key funding mechanism - will produce predicted levels of revenue because those targeted by the tax will seek to dodge it.....
Zandi said despite signing a highly touted letter last week backing the calculations for Warrens Medicare for All plan, he does not support shifting Americans off the private health insurance they have in favor of a single-payer, government-run regime.
I am not a fan of Medicare for All, said Zandi, who is not affiliated with any Democratic presidential campaign and does not speak for the Warren campaign. We have 160 million people who have private insurance and are pretty happy with what they have. Why change that?"
Mark Zandi, chief economist at Moodys Analytics, also voiced skepticism that the wealth tax provision in Warrens plan - a key funding mechanism - will produce predicted levels of revenue because those targeted by the tax will seek to dodge it.....
Zandi said despite signing a highly touted letter last week backing the calculations for Warrens Medicare for All plan, he does not support shifting Americans off the private health insurance they have in favor of a single-payer, government-run regime.
I am not a fan of Medicare for All, said Zandi, who is not affiliated with any Democratic presidential campaign and does not speak for the Warren campaign. We have 160 million people who have private insurance and are pretty happy with what they have. Why change that?"
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
63 replies, 3880 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (10)
ReplyReply to this post
63 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Exclusive: Economist who backed Warren healthcare plan has doubts about her wealth tax [View all]
Gothmog
Nov 2019
OP
I don't find this surprising...what is surprising is Warren's doubling down on this....a losing
Demsrule86
Nov 2019
#2
We must work to change this through regulation and bringing down costs. Single payer will also
emmaverybo
Nov 2019
#27
No chit. She can't pay for it all in reality and too many voters won't fall for it.
Hoyt
Nov 2019
#5
CEO of America's Health Insurance Plans: Biden's healthcare plan is not much different from MFA
BeyondGeography
Nov 2019
#20
Of course it's different, the point is it will be lobbied against just as hard
BeyondGeography
Nov 2019
#22
Lol. The Public option doesn't cost much but is ranked with MFA as "low cost and high quality"?
Hassin Bin Sober
Nov 2019
#40
Didn't you just post something showing that system as highest cost and lower quality?
Hassin Bin Sober
Nov 2019
#42
I sat three rows behind Senator Warren at the National Convention but the issue never came up
Gothmog
Nov 2019
#52
Warren's latest health plan is causing concerns for some centrist, moderate and rural Democrats
Gothmog
Nov 2019
#63
The rest of the industrialized nations pay much more tax than we do. And they tried wealth
emmaverybo
Nov 2019
#31
Her wealth tax probably won't see the light of day and most of her plans revolve around it.
FloridaBlues
Nov 2019
#23
The wealth tax will probably be challenged as unconstitutional. Could take years to litigate as it
emmaverybo
Nov 2019
#33
A wealth tax may be unconstitutional and will be tied up in the courts for a long time
Gothmog
Nov 2019
#38
Well she needs to prune and prioritize her plans. He is not saying M4All can't get paid for, but
emmaverybo
Nov 2019
#28
You're right. I'm not happy with it. I'm happy that I have it. It's better than not having it.
Iggo
Nov 2019
#34
About half. Can't cite. Makes sense. We sure know many are happy with Obamacare. ,
emmaverybo
Nov 2019
#35
Gov. John Lynch talks about how Medicare for All will harm New Hampshire's economy.
Gothmog
Nov 2019
#39