2016 Postmortem
Related: About this forumWhy does Bernie Sanders want to raise taxes on Main Street voters who are having a tough time?
Bernie and his supporters are always speaking about Wall Street, well what about Main Street. Hillary says she will not raise taxes on Main Street voters. Sanders on the other hand will. Not a good selling point for the General Election.
Kip Humphrey
(4,753 posts)Response to Kip Humphrey (Reply #1)
stopbush This message was self-deleted by its author.
cui bono
(19,926 posts)The OP has already been shown that they are incorrect and declared they will not edit anything. They don't care about being dishonest and spreading disinformation in the name of Hillary. So be it.
People can easily see it's not the truth.
As for what you really have to pay for in Bernie's plan here it is:
https://berniesanders.com/issues/medicare-for-all
Better Coverage
Bernies plan would create a federally administered single-payer health care program. Universal single-payer health care means comprehensive coverage for all Americans. Bernies plan will cover the entire continuum of health care, from inpatient to outpatient care; preventive to emergency care; primary care to specialty care, including long-term and palliative care; vision, hearing and oral health care; mental health and substance abuse services; as well as prescription medications, medical equipment, supplies, diagnostics and treatments. Patients will be able to choose a health care provider without worrying about whether that provider is in-network and will be able to get the care they need without having to read any fine print or trying to figure out how they can afford the out-of-pocket costs.
What It Means for Patients
As a patient, all you need to do is go to the doctor and show your insurance card. Bernies plan means no more copays, no more deductibles and no more fighting with insurance companies when they fail to pay for charges.
AND ALSO:
Last year, the average working family paid $4,955 in premiums and $1,318 in deductibles to private health insurance companies. Under this plan, a family of four earning $50,000 would pay just $466 per year to the single-payer program, amounting to a savings of over $5,800 for that family each year.
.
Karma13612
(4,552 posts)It will be a tax on income.
For retirees, it might change from what it is now, it might not. I don't know.
But Bernie's plan is not going make matters worse.
And, you cannot base your concern for the new system on a set figure of $1200 per year.
It will not be exactly as you say.
People will have a tax on their income, and their premiums for health insurance will disappear.
Concern noted, and not warranted.
cascadiance
(19,537 posts)... which was the way corporatist politicians tried to give more back to the insurance companies that bought them. Already Obama has tried to reign those costs in with legislation too. When Medicare is also allowed to negotiate for lower pharma drug prices, then perhaps we'll be able to pay more real prices closer to what other countries have to pay for the same drugs. Another part of getting rid of the rigged system that hands out money to insurance company and pharma company crooks.
cantbeserious
(13,039 posts)eom
Response to cantbeserious (Reply #2)
stopbush This message was self-deleted by its author.
cantbeserious
(13,039 posts)eom
Response to cantbeserious (Reply #74)
Post removed
cantbeserious
(13,039 posts)eom
cui bono
(19,926 posts)The OP has already been shown that they are incorrect and declared they will not edit anything. They don't care about being dishonest and spreading disinformation in the name of Hillary. So be it.
People can easily see it's not the truth at his site.
As for what you really have to pay for in Bernie's plan here it is:
https://berniesanders.com/issues/medicare-for-all
Better Coverage
Bernies plan would create a federally administered single-payer health care program. Universal single-payer health care means comprehensive coverage for all Americans. Bernies plan will cover the entire continuum of health care, from inpatient to outpatient care; preventive to emergency care; primary care to specialty care, including long-term and palliative care; vision, hearing and oral health care; mental health and substance abuse services; as well as prescription medications, medical equipment, supplies, diagnostics and treatments. Patients will be able to choose a health care provider without worrying about whether that provider is in-network and will be able to get the care they need without having to read any fine print or trying to figure out how they can afford the out-of-pocket costs.
What It Means for Patients
As a patient, all you need to do is go to the doctor and show your insurance card. Bernies plan means no more copays, no more deductibles and no more fighting with insurance companies when they fail to pay for charges.
AND ALSO:
Last year, the average working family paid $4,955 in premiums and $1,318 in deductibles to private health insurance companies. Under this plan, a family of four earning $50,000 would pay just $466 per year to the single-payer program, amounting to a savings of over $5,800 for that family each year.
.
You are very far off from Bernie's plan. Your math is not logical.
https://berniesanders.com/issues/medicare-for-all/
A 6.2 percent income-based health care premium paid by employers.
Revenue raised: $630 billion per year.
A 2.2 percent income-based premium paid by households.
Revenue raised: $210 billion per year.This year, a family of four taking the standard deduction can have income up to $28,800 and not pay this tax under this plan.
A family of four making $50,000 a year taking the standard deduction would only pay $466 this year.
Progressive income tax rates.
Revenue raised: $110 billion a year.Under this plan the marginal income tax rate would be:
37 percent on income between $250,000 and $500,000.
43 percent on income between $500,000 and $2 million.
48 percent on income between $2 million and $10 million. (In 2013, only 113,000 households, the top 0.08 percent of taxpayers, had income between $2 million and $10 million.)
52 percent on income above $10 million. (In 2013, only 13,000 households, just 0.01 percent of taxpayers, had income exceeding $10 million.)
Taxing capital gains and dividends the same as income from work.
Revenue raised: $92 billion per year.Warren Buffett, the second wealthiest American in the country, has said that he pays a lower effective tax rate than his secretary. The reason is that he receives most of his income from capital gains and dividends, which are taxed at a much lower rate than income from work. This plan will end the special tax break for capital gains and dividends on household income above $250,000.
Limit tax deductions for rich.
Revenue raised: $15 billion per yearUnder Bernies plan, households making over $250,000 would no longer be able to save more than 28 cents in taxes from every dollar in tax deductions. This limit would replace more complicated and less effective limits on tax breaks for the rich including the AMT, the personal exemption phase-out and the limit on itemized deductions.
The Responsible Estate Tax.
Revenue raised: $21 billion per year.This provision would tax the estates of the wealthiest 0.3 percent (three-tenths of 1 percent) of Americans who inherit over $3.5 million at progressive rates and close loopholes in the estate tax.
Savings from health tax expenditures.
Revenue raised: $310 billion per year.Several tax breaks that subsidize health care (health-related tax expenditures) would become obsolete and disappear under a single-payer health care system, saving $310 billion per year.
Most importantly, health care provided by employers is compensation that is not subject to payroll taxes or income taxes under current law. This is a significant tax break that would effectively disappear under this plan because all Americans would receive health care through the new single-payer program instead of employer-based health care.
.
cui bono
(19,926 posts)See my other reply to you.
The OP has already been shown that they are incorrect and declared they will not edit anything. They don't care about being dishonest and spreading disinformation in the name of Hillary. So be it.
People can easily see it's not the truth.
As for what you really have to pay for in Bernie's plan here it is:
https://berniesanders.com/issues/medicare-for-all
Better Coverage
Bernies plan would create a federally administered single-payer health care program. Universal single-payer health care means comprehensive coverage for all Americans. Bernies plan will cover the entire continuum of health care, from inpatient to outpatient care; preventive to emergency care; primary care to specialty care, including long-term and palliative care; vision, hearing and oral health care; mental health and substance abuse services; as well as prescription medications, medical equipment, supplies, diagnostics and treatments. Patients will be able to choose a health care provider without worrying about whether that provider is in-network and will be able to get the care they need without having to read any fine print or trying to figure out how they can afford the out-of-pocket costs.
What It Means for Patients
As a patient, all you need to do is go to the doctor and show your insurance card. Bernies plan means no more copays, no more deductibles and no more fighting with insurance companies when they fail to pay for charges.
AND ALSO:
Last year, the average working family paid $4,955 in premiums and $1,318 in deductibles to private health insurance companies. Under this plan, a family of four earning $50,000 would pay just $466 per year to the single-payer program, amounting to a savings of over $5,800 for that family each year.
.
You are very far off from Bernie's plan. Your math is not logical.
https://berniesanders.com/issues/medicare-for-all/
A 6.2 percent income-based health care premium paid by employers.
Revenue raised: $630 billion per year.
A 2.2 percent income-based premium paid by households.
Revenue raised: $210 billion per year.This year, a family of four taking the standard deduction can have income up to $28,800 and not pay this tax under this plan.
A family of four making $50,000 a year taking the standard deduction would only pay $466 this year.
Progressive income tax rates.
Revenue raised: $110 billion a year.Under this plan the marginal income tax rate would be:
37 percent on income between $250,000 and $500,000.
43 percent on income between $500,000 and $2 million.
48 percent on income between $2 million and $10 million. (In 2013, only 113,000 households, the top 0.08 percent of taxpayers, had income between $2 million and $10 million.)
52 percent on income above $10 million. (In 2013, only 13,000 households, just 0.01 percent of taxpayers, had income exceeding $10 million.)
Taxing capital gains and dividends the same as income from work.
Revenue raised: $92 billion per year.Warren Buffett, the second wealthiest American in the country, has said that he pays a lower effective tax rate than his secretary. The reason is that he receives most of his income from capital gains and dividends, which are taxed at a much lower rate than income from work. This plan will end the special tax break for capital gains and dividends on household income above $250,000.
Limit tax deductions for rich.
Revenue raised: $15 billion per yearUnder Bernies plan, households making over $250,000 would no longer be able to save more than 28 cents in taxes from every dollar in tax deductions. This limit would replace more complicated and less effective limits on tax breaks for the rich including the AMT, the personal exemption phase-out and the limit on itemized deductions.
The Responsible Estate Tax.
Revenue raised: $21 billion per year.This provision would tax the estates of the wealthiest 0.3 percent (three-tenths of 1 percent) of Americans who inherit over $3.5 million at progressive rates and close loopholes in the estate tax.
Savings from health tax expenditures.
Revenue raised: $310 billion per year.Several tax breaks that subsidize health care (health-related tax expenditures) would become obsolete and disappear under a single-payer health care system, saving $310 billion per year.
Most importantly, health care provided by employers is compensation that is not subject to payroll taxes or income taxes under current law. This is a significant tax break that would effectively disappear under this plan because all Americans would receive health care through the new single-payer program instead of employer-based health care.
.
Blue State Bandit
(2,122 posts)I sat with my boss 3 years ago and discussed employee healthcare, and weather I wanted to have it come out of my check, or have the company cover it. It was made clear to me that it would slow and shrink the size of future raises, and that I may later be asked to contribute. Today I contribute $10 a week plus $1 for optometry. That costs me about $10,000 a year plus $552 more in direct contributions. And I know he's paying more than $10k for mine.
So I don't care whether you call it a tax, a fee, or rent. If I can pay $2000 and my boss pay $6000 instead of what we both pay now, that leaves at minimum $2500 on the table and up to $3k. Then you do away with premiums and the Insurance companies operational control of the administrative function and replacing it with the "Medicare" administrative model (i.e. removing the blood sucking vampires from the financial operations), and I can get back to expecting a bigger raise next year.
That's how it works.
daleanime
(17,796 posts)and have healthcare?
tecelote
(5,122 posts)As she says "Every Democrat should be outraged!"
valerief
(53,235 posts)ChairmanAgnostic
(28,017 posts)These hillarians are REALLY getting desperate, seeing how their annointed inevitable one is fading across the country. And her negatives will only go up as her team lies through their teeth like giving half the story about taxes and medical issues.
Wilms
(26,795 posts)So you wind up better off. And if you don't know that, you aren't paying attention or being willfully ignorant.
So which is it?
litlbilly
(2,227 posts)savings. Not exact but the truth. People are not as stupid as you think. You might go back to the Hillary people and try something else.
stonecutter357
(12,697 posts)beam me up scottie
(57,349 posts)Did you lose your way?
Erich Bloodaxe BSN
(14,733 posts)Bernie's plans don't raise expenditures for most Americans. But unless you're making 200k or more a year, your taxes are going to go up less than the amount you're no longer paying for mandated health insurance. Most Americans are smart enough to realize that it actually is GOOD for them to pay 3k more in taxes, and 5k less on health insurance a year. So yeah, it's a good selling point, unless, of course, you think most Americans are stupid. Bernie doesn't think they're stupid.
Response to Erich Bloodaxe BSN (Reply #9)
stopbush This message was self-deleted by its author.
cui bono
(19,926 posts)The OP has already been shown that they are incorrect and declared they will not edit anything. They don't care about being dishonest and spreading disinformation in the name of Hillary. So be it.
This what a family would pay with Bernie's plan:
Last year, the average working family paid $4,955 in premiums and $1,318 in deductibles to private health insurance companies. Under this plan, a family of four earning $50,000 would pay just $466 per year to the single-payer program, amounting to a savings of over $5,800 for that family each year.
Got it?
Last year, the average working family paid $4,955 in premiums and $1,318 in deductibles to private health insurance companies. Under this plan, a family of four earning $50,000 would pay just $466 per year to the single-payer program, amounting to a savings of over $5,800 for that family each year.
More here:
https://berniesanders.com/issues/medicare-for-all
Better Coverage
Bernies plan would create a federally administered single-payer health care program. Universal single-payer health care means comprehensive coverage for all Americans. Bernies plan will cover the entire continuum of health care, from inpatient to outpatient care; preventive to emergency care; primary care to specialty care, including long-term and palliative care; vision, hearing and oral health care; mental health and substance abuse services; as well as prescription medications, medical equipment, supplies, diagnostics and treatments. Patients will be able to choose a health care provider without worrying about whether that provider is in-network and will be able to get the care they need without having to read any fine print or trying to figure out how they can afford the out-of-pocket costs.
What It Means for Patients
As a patient, all you need to do is go to the doctor and show your insurance card. Bernies plan means no more copays, no more deductibles and no more fighting with insurance companies when they fail to pay for charges.
AND ALSO:
Last year, the average working family paid $4,955 in premiums and $1,318 in deductibles to private health insurance companies. Under this plan, a family of four earning $50,000 would pay just $466 per year to the single-payer program, amounting to a savings of over $5,800 for that family each year.
.
liberal_at_heart
(12,081 posts)Democrats. Democrats used to have the courage to raise taxes in order to save social services, not anymore. Bernie will expand social services and make the rich pay their fair share of the taxes.
NurseJackie
(42,862 posts)... and try to convince everyone that it's the best thing since paper napkins. But it's one that will definitely be a liability to him in the general election.
THANK GOD we won't have to worry about THAT!! Bernie will NOT be the nominee, and he can go right back to the Senate where he belongs. I'm sure he'll be able to be much more productive there than he would be as president.
Go, Hillary! We love you!
Fawke Em
(11,366 posts)cui bono
(19,926 posts)Even Forbes knows the OP is false...
http://www.forbes.com/sites/anthonynitti/2016/01/17/bernie-sanders-releases-tax-plan-nations-rich-recoil-in-horror/#677609a97340
.
asuhornets
(2,405 posts)Go Hillary
tecelote
(5,122 posts)You pay less than $100 a year but do not have to pay for health care as you do now.
Yeah, that's a terrible idea saving us money and all.
John Poet
(2,510 posts)That's just what I expect of Republicans.
cyberswede
(26,117 posts)http://www.salon.com/2016/02/07/its_almost_over_for_hillary_this_election_is_a_mass_insurrection_against_a_rigged_system/
kennetha
(3,666 posts)total federal revenue JUST to pay for his single payer plan. That's not counting anything else he wants to do.
Do Sanders supporters really truly believe that is ever going to happen? That federal taxes are going to sudden double and only the rich are going to have to pay substantial additional taxes?
Is there any economic model for how much tax increases of that magnitude, no matter how distributed, would effect the overall economy?
Fawke Em
(11,366 posts)kennetha
(3,666 posts)Sanders himself admits as much:
Sanders doesnt just call for incremental steps toward single-payer. Hes proposing to shift all of health care to federal taxes in one fell swoop. Thats one reason for the enormous, sudden increase in taxes the plan would require$1.38 trillion on top of existing federal spending, according to Sanders own estimates. As Harold Pollack has pointed out, that $1.38 trillion is just about equal to total federal income and estate tax collections in 2014in other words, the plan would require doubling that revenue.Sanders insists that hes shown how he would pay for it through a 6.2 increase in payroll taxes (which he calls an income-based premium paid by employers, though the cost will fall on employees); a 2.2 percent increase in income taxes on everyone; higher estate taxes; taxing capital gains and interest as ordinary income; limiting tax deductions for the rich; and higher income-tax rates on the upper brackets (which, combined with other increased taxes hes also calling for, would bring the top marginal federal rate to 77 percent, as Dylan Matthews shows at Vox).
But Sanderss estimate of the needed increase in taxation, despite its whopping size, is too low. The plan would actually cost another $1.1 trillion a year, according to an analysis by Kenneth Thorpe, a health-care economist at Emory University, who has long experience working with single-payer proponents. In 2006, the Vermont legislature hired Thorpe to cost out a single-payer proposal, and in 2014 progressive legislators in Vermont hired him again. So this is not an estimate from an economist generally opposed to universal health care or to single-payer. Thorpes estimates indicate that workers would have to pay an additional 20 percent of compensation to pay for Sanderss plan.
What you don't believe Bernie when he says he's going to raise taxes enough to increase revenue from income taxes and estate taxes by 100%?
http://prospect.org/article/false-lure-sanders-single-payer-plan
asuhornets
(2,405 posts)but his supporters don't want to here it.
cui bono
(19,926 posts)Can you show me the figures please?
.
cui bono
(19,926 posts)99th_Monkey
(19,326 posts)Rosa Luxemburg
(28,627 posts)Broward
(1,976 posts)Perhaps, you'll feel more comfortable in the Repub Party with this BS.
kath
(10,565 posts)Enough of this bullshit
Teamster Jeff
(1,598 posts)Ron Green
(9,822 posts)Is it better for you: 1) to have to figure out how to get and pay for health insurance for your employees, or 2) to have every new hire come to you already covered, so you can focus on growing your business?
Which is better?
ViseGrip
(3,133 posts)cheapdate
(3,811 posts)Not a good selling point for someone raising a supposedly serious question.
arcane1
(38,613 posts)It's not their job to defend their posts. Their job is to post them. Thinking not required
cui bono
(19,926 posts)hedda_foil
(16,375 posts)cascadiance
(19,537 posts)... when they just want to stir up controversy and not try to really defend a point of view worth defending.
libdem4life
(13,877 posts)hard to discern, but lower health care costs more than make up for a slight increase on taxes.
At least you didn't pull the "Socialist" rather than "Democratic Socialist" meme on us. Other than his D- NRA rating, this is the fourth leg to the Smear/Shady element of anti-Bernie.
Bad on healthcare/millions won't have any...Raising taxes...Socialist...gun nut. Such inauthenticity, but typical Clinton.
Did I forget anything? Oh yes, big problem with POC...a 95% rating with the NAACP.
arcane1
(38,613 posts)libdem4life
(13,877 posts)Live and Learn
(12,769 posts)arcane1
(38,613 posts)Seriously, this absurd and dishonest argument has been played out a dozen times already. You aren't fooling anyone, and at this point you are insulting your own intelligence by trying.
EndElectoral
(4,213 posts)This has been explained by him numerous times. Hillary prefers to pledge not to raise taxes on the middle class, but she really offers no tax break for escalating health insurance premiums except continue the ACA approach.
Trajan
(19,089 posts)If you were better informed, you just might become a Bernie supporter ...
lastone
(588 posts)And you freaking know this - or your as uninformed as most gop fuckwits.
INdemo
(6,994 posts)There will be no private insurance premiums. the tax will be on the speculative Wall ST market and there will be a tax on billionaires and millionaires that have their money in tax havens.
This talking point is becoming old.
Oh and by the way in case you missed this:
http://www.democraticunderground.com/12511163954
restorefreedom
(12,655 posts)PoliticAverse
(26,366 posts)HooptieWagon
(17,064 posts)Sounds like a great deal to me! Saves Main Street businesses money, saves Main Street workers money. All the better that it's paid for by the Romneys, Dimons, Blankfeins, and Pharma Bros. Time we got back the money they've been stealing from us.
pinebox
(5,761 posts)More Republican talking points. Paul Ryan called, he is missing his feelings.
People wills ave a shit ton of cash due to single payer. Come on, enough with the Republican red baiting talking points. Same shit GOP did to Obama with the ACA. Identical. "Obamacare is a tax increase" crap.
mak3cats
(1,573 posts)Downwinder
(12,869 posts)except property taxes, neither Hillory or Bernie have any so in those. Main Street is Socialism in progress. The rest of the town is subsidizing Main Street. The stores are not making the rent since they paid the Chamber of Commerce to attract Big Boxes to put them out of business.
jillan
(39,451 posts)Bernie offers a trade off. Pay a little more in taxes, pay a lot less to insurance companies.
pengu
(462 posts)cui bono
(19,926 posts)in health care premiums, free higher education, paid family leave, expanded social security...
In the end Main Street comes out ahead.
.
.
asuhornets
(2,405 posts)but no one else is. He needs more people.
cui bono
(19,926 posts)http://www.forbes.com/sites/anthonynitti/2016/01/17/bernie-sanders-releases-tax-plan-nations-rich-recoil-in-horror/#677609a97340
And that's not even including all the benefits that Main Street voters would get that I mentioned, that's just the tax rate. So how is that raising taxes on "Main Street voters who are having a tough time"?
.
Jackilope
(819 posts)asuhornets
(2,405 posts)Hey I like the guy, just not for President.
cui bono
(19,926 posts)Now that you know the truth, you can edit your OP and prove me wrong.
.
asuhornets
(2,405 posts)Bernie admitted he will increase taxes. I applaud his honesty,but still I pay enough in taxes. I am trying to keep my head above water.
cui bono
(19,926 posts)If you are trying to keep your head above water now, it won't be any different with Bernie except that you will have many added benefits that you don't now.
Sorry to burst your propaganda bubble. Thank you for revealing how utterly dishonest you are being.
If taxes are such a 'concern' for you, why don't you vote for Trump?
.
Doctor_J
(36,392 posts)Or 15 times my tax increase.
bvar22
(39,909 posts)..who will have to give up a yacht, private jet, or that new Summer Home in Aspen.
Those poor Millionaires.
Bernie is so mean to them.
Can I gt a few DU tears for them?
asuhornets
(2,405 posts)This thread is about trying to catapult a Hillary Campaign talking point that, while there is an element of truth, is intentionally misleading. Those catapulting this kind of intentional mis-information disgust me. I wouldn't do what you are doing for ANY amount of money. I would rather live in a hollow log and drink dirty water.
You know damn good and well that any tax increase will be more than offset by huge savings in Health Insurance Premiums, deductibles, and co-pays, and reduced tuition for our investment in our children.
Please post a link to where "the middle class" will have their taxes increased.
Do you know who the "Middle Class" is, because Hillary proved she doesn't have the first clue.
cui bono
(19,926 posts).
Response to asuhornets (Original post)
jeff47 This message was self-deleted by its author.
Dems2002
(509 posts)I think small businesses are hurt a lot by the onerous expectations that they not only need to employ people, but that they also need to be the primary source of benefits for their employees. How is it helpful for a small business that wants to be a good employer, but has to navigate the world of health insurance and 401k plans? Is this really where they should be spending their time? Or is this something the government can take on and in return, the small business and employees pay a few extra tax points? Time and energy and hassle with things the majority of us don't fully understand is hugely burdensome.
I purchased my own healthcare on California's exchange and the number of plans with various cost structures is overwhelming.
jeff47
(26,549 posts)Or is it magically OK because you call them "premiums" instead of "taxes"?
Tierra_y_Libertad
(50,414 posts)m-lekktor
(3,675 posts)Because when you discuss the issues it's republican talking points all the way!! All you Hillary people whining about taxes are clueless about the tax system, just like the GOP. You can't even get the correct premise in your foolish arguments! what a waste of fucking time, I might as well be on Discussionist or Free Republic!
NowSam
(1,252 posts)You are repeating falsehoods. Try Berniesanders.com and get the full story. His plan saves working people lots of money.
kennetha
(3,666 posts)That is a MASSIVE shift in the US economy. Unparalleled in US history.
Sanders doesnt just call for incremental steps toward single-payer. Hes proposing to shift all of health care to federal taxes in one fell swoop. Thats one reason for the enormous, sudden increase in taxes the plan would require$1.38 trillion on top of existing federal spending, according to Sanders own estimates. As Harold Pollack has pointed out, that $1.38 trillion is just about equal to total federal income and estate tax collections in 2014in other words, the plan would require doubling that revenue.Sanders insists that hes shown how he would pay for it through a 6.2 increase in payroll taxes (which he calls an income-based premium paid by employers, though the cost will fall on employees); a 2.2 percent increase in income taxes on everyone; higher estate taxes; taxing capital gains and interest as ordinary income; limiting tax deductions for the rich; and higher income-tax rates on the upper brackets (which, combined with other increased taxes hes also calling for, would bring the top marginal federal rate to 77 percent, as Dylan Matthews shows at Vox).
But Sanderss estimate of the needed increase in taxation, despite its whopping size, is too low. The plan would actually cost another $1.1 trillion a year, according to an analysis by Kenneth Thorpe, a health-care economist at Emory University, who has long experience working with single-payer proponents. In 2006, the Vermont legislature hired Thorpe to cost out a single-payer proposal, and in 2014 progressive legislators in Vermont hired him again. So this is not an estimate from an economist generally opposed to universal health care or to single-payer. Thorpes estimates indicate that workers would have to pay an additional 20 percent of compensation to pay for Sanderss plan.
And most serious minded people who have looked at it, think that he is WAY underestimating the cost. And look this is JUST to fund his single payer healthcare plan. Which is only the tip of his massive iceberg of new government spending that will have to be funded through some form of taxation.
He's dreaming, you're dreaming if you think anybody outside of a narrow bubble can be persuaded to go along with the level of taxation Bernie is envisioning.
NowSam
(1,252 posts)including lines like "paid by employers but the cost will really fall on employees" - just a hit piece that has been disputed by economists.
What do you pay now for health care? Dental? The working people get a good deal with Bernie's plan and do business owners.
When you do a real cost benefit analysis I think unbiased minds conclude that Bernie is right in the money with this plan.
cui bono
(19,926 posts)And are you going to tell me 170 top economists are wrong?
http://www.democraticunderground.com/?com=view_post&forum=1280&pid=111894
And here, taken directly from Bernie's site:
I've bolded the revenue raised.
A 6.2 percent income-based health care premium paid by employers.
Revenue raised: $630 billion per year.
A 2.2 percent income-based premium paid by households.
Revenue raised: $210 billion per year.This year, a family of four taking the standard deduction can have income up to $28,800 and not pay this tax under this plan.
A family of four making $50,000 a year taking the standard deduction would only pay $466 this year.
Progressive income tax rates.
Revenue raised: $110 billion a year.Under this plan the marginal income tax rate would be:
37 percent on income between $250,000 and $500,000.
43 percent on income between $500,000 and $2 million.
48 percent on income between $2 million and $10 million. (In 2013, only 113,000 households, the top 0.08 percent of taxpayers, had income between $2 million and $10 million.)
52 percent on income above $10 million. (In 2013, only 13,000 households, just 0.01 percent of taxpayers, had income exceeding $10 million.)
Taxing capital gains and dividends the same as income from work.
Revenue raised: $92 billion per year.Warren Buffett, the second wealthiest American in the country, has said that he pays a lower effective tax rate than his secretary. The reason is that he receives most of his income from capital gains and dividends, which are taxed at a much lower rate than income from work. This plan will end the special tax break for capital gains and dividends on household income above $250,000.
Limit tax deductions for rich.
Revenue raised: $15 billion per yearUnder Bernies plan, households making over $250,000 would no longer be able to save more than 28 cents in taxes from every dollar in tax deductions. This limit would replace more complicated and less effective limits on tax breaks for the rich including the AMT, the personal exemption phase-out and the limit on itemized deductions.
The Responsible Estate Tax.
Revenue raised: $21 billion per year.This provision would tax the estates of the wealthiest 0.3 percent (three-tenths of 1 percent) of Americans who inherit over $3.5 million at progressive rates and close loopholes in the estate tax.
Savings from health tax expenditures.
Revenue raised: $310 billion per year.Several tax breaks that subsidize health care (health-related tax expenditures) would become obsolete and disappear under a single-payer health care system, saving $310 billion per year.
Most importantly, health care provided by employers is compensation that is not subject to payroll taxes or income taxes under current law. This is a significant tax break that would effectively disappear under this plan because all Americans would receive health care through the new single-payer program instead of employer-based health care.
.
Nanjeanne
(4,961 posts)But I would gladly more in taxes - even more than the 2.2% in Sanders proposal - to have health CARE instead of health INSURANCE and to save some money on copy's and deductible and premiums.
And I consider $1.65 a week a great investment in paid family leave.
Middle class will be getting more from a Sanders administration I don't see any middle class family struggling with the tax proposals of Sen Sanders.
But stoke the fire of misinformation. People aren't as easily fooled and scared by right wing propaganda as they once were.
Cheese Sandwich
(9,086 posts)just for the priveledge of being able to see a doctor
Vinca
(50,278 posts)if a person pays $1,000 more in taxes but doesn't have to make a $6,000 health insurance premium payment, they're up $5,000. Want to talk about the real money? College?
My Good Babushka
(2,710 posts)the cost of everything goes up. "Main street", in choosing Sanders, is hoping to finally see some benefit from the taxes they pay.
snowy owl
(2,145 posts)I think you're being facetious or perhaps very unstudied of the issues. Bernie's explained that several times and Hillary is using an old slogan to attract those to who takes things at face value. Of course she will raise taxes if she needs to just as George HW did. Pay more attention is my advice
thereismore
(13,326 posts)Odin2005
(53,521 posts)But you knew that.
OZi
(155 posts)Close the loopholes, end entitlements and hand outs for the wealthy and actually prosecute the tax evaders.
Doctor_J
(36,392 posts)actually you and your cohorts sound like freepers. All day everyday.
Doctor_J
(36,392 posts)So take your Fox nation bullshit somewhere where other idiots might believe it.
asuhornets
(2,405 posts)tazkcmo
(7,300 posts)Just asking....
asuhornets
(2,405 posts)But what on earth are u talking about?
dflprincess
(28,079 posts)Why does she think we could continue to pay premiums for a product many people can't afford to use thanks to large out of pocket expenses?
asuhornets
(2,405 posts)When she WINS, Hillary is going to make sure the remaining 10% get insurance coverage.
dflprincess
(28,079 posts)If you have $6,000 deductible you may not be able to afford a trip to the doctor when you need one.
There was an article in the local paper this week that hospitals in the area are seeing an increase in bills that aren't being paid - and Minnesota has one of the highest "coverage" rates in the country.
We remain the only western nation that allows its citizens to be driven to bankruptcy by medical bills.
Lorien
(31,935 posts)I have the ACA; and 95% of my claims are DENIED because those motherfuckers at the CDC won't acknowledge chronic Lyme disease-because insurance companies don't want them to. Lyme infects over 400,000 American EVERY DAMN YEAR! ONE HUNDRED PERCENT of my income goes to cover my medical bills. I live off my swiftly dwindling retirement, which I wasn't supposed to touch for another 20 years. Getting these greedy Hillary funding Insurance assholes out of the equation is the only way that millions of us are going to have a prayer of survival. It's all about "winning", vaginas, and party purity to you. IT'S ABOUT SURVIVAL FOR THE REST OF US!
Lorien
(31,935 posts)No wonder you're a Hillary fan.