Senator Elizabeth Warren is trying to figure out how to pay for her plan to destroy health care in America and forcibly put everyone on a government plan that makes Medicaid look fantastic.
Plan A is to keep telling everyone to think about the “costs”. Plan B could be a 42% sales tax.
The Committee for a Responsible Federal Budget (CRFB) has done voters a favor by spelling out what kinds of new taxes it would take to come up with that much money. Warren justifies many of her programs by saying all it would take is “two cents” from the wealthy. That’s a reference to her 2% wealth tax on ultra-millionaires. But Medicare for All would be so expensive that if you taxed top earners at 100%—that’s right, if you took all the income of couples earning more than $408,000 per year—you’d still fall far short. And everybody getting taxed at 100% would obviously stop working.
Read the full story from Front Page Mag
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