Finance News Opinons Politics

Sanders Admits He Would Raise Taxes On The Middle Class To Pay For Programs

Sen. Bernie Sanders, challenged at Thursday night’s Democratic presidential debate on how he would pay for universal health care and his other proposed programs, admitted income taxes on the middle class would have to go up — but maintained that the savings in medical expenses would more than offset the tax hike.

Sanders, who took the first question from NBC correspondent Savannah Guthrie, talked about his Medicare for All proposal for his allotted minute. But when Guthrie followed up and pressed him about taxes on the middle class, he conceded, “Yes, they will pay more in taxes.”

“We have a new vision for America,” Sanders began. “And at a time when we have three people in this country owning more wealth than the bottom half of America while 500,000 people are sleeping out on the streets today, we think it is time for change, real change. And by that, I mean that health care in my view is a human right and we have got to pass a Medicare for All single-payer system.


“Under that system, by the way, [the] vast majority of the people in this country will be paying significantly less for health care than they are right now.”

“I believe that education is the future for this country and that is why I believe we must make public colleges and universities tuition-free and eliminate student debt, and we do that by placing a tax on Wall Street.”

He continued: “Every proposal that I have brought forth is fully paid for.”


Father of 10-year-old boy breaks silence after viral beach rescue: ‘No way I could ever repay him’
Trump says he ‘disagrees 100%’ with U.S. Attorney Jeanine Pirro over Reflecting Pool case
Assisted living sent resident to doctor’s appointment after giving him 18 shots, 5 am beer: officials
Mamdani extends deadline for NYC homeowners to seek exemption from new pied-à-terre tax
Trump immigration agenda faces setback as Obama-appointed judge issues fresh TPS stay
Israeli president says Palestinian peace ‘requires’ acceptance of Israel in warning against Mamdani
New Christian Persecution Report Shows Most Dangerous Countries on Earth for Believing in Jesus
Why Gen Z Is Breaking This Longtime Workplace Taboo
Reporter’s Notebook: Why Fauci’s 111 Fifth Amendment pleas could end up before the courts
Trump Says AI Data Centers Pledge Will Make Power Bills ‘Actually Come Down’
Parents Who Starved Their 75-Day-Old Baby to Death Will Get No Jail Time After Guilty Plea – Guess Who the Judge Is
Fauci’s Fifth fuels vow to haul him into court ‘every day’ despite Biden pardon
‘Like Graham Platner But Worse’: GOP Group Vows $42M Campaign Against Last-Minute Replacement Democrat
Study Confirms Who Is Behind Killings of Christians in Nigeria
Bipartisan pair of senators urge Rubio to release aid to African women, children at risk of Ebola

Guthrie said she would give Sanders “10 seconds just to answer the very direct question: Will you raise taxes for the middle class in a Sanders administration.”

“People who have health care under Medicare for All will have no premiums, no deductibles, no copayments, no out of pocket expenses. Yes, they will pay more in taxes, but less in health care for what they get.”

Still, taxes would significantly increase as “the government takes on trillions of dollars in health care costs now covered by employers and individuals,” the Associated Press fact checked. “Independent studies estimate the government would be spending an additional $28 trillion to $36 trillion over 10 years, although Medicare for All supporters say that’s overstating it. How those tax increases would be divvied up remains to be seen, as Sanders has not released a blueprint for how to finance his plan.”

Health care, a contentious topic among candidates in the first debate night, was expected to be an explosive talking point during the second debate with top-polling candidates like Sanders and Joe Biden.

But lower-profile candidates also dove into the health care debate.


Father of 10-year-old boy breaks silence after viral beach rescue: ‘No way I could ever repay him’
Trump says he ‘disagrees 100%’ with U.S. Attorney Jeanine Pirro over Reflecting Pool case
Assisted living sent resident to doctor’s appointment after giving him 18 shots, 5 am beer: officials
Mamdani extends deadline for NYC homeowners to seek exemption from new pied-à-terre tax
Trump immigration agenda faces setback as Obama-appointed judge issues fresh TPS stay
Israeli president says Palestinian peace ‘requires’ acceptance of Israel in warning against Mamdani
New Christian Persecution Report Shows Most Dangerous Countries on Earth for Believing in Jesus
Why Gen Z Is Breaking This Longtime Workplace Taboo
Reporter’s Notebook: Why Fauci’s 111 Fifth Amendment pleas could end up before the courts
Trump Says AI Data Centers Pledge Will Make Power Bills ‘Actually Come Down’
Parents Who Starved Their 75-Day-Old Baby to Death Will Get No Jail Time After Guilty Plea – Guess Who the Judge Is
Fauci’s Fifth fuels vow to haul him into court ‘every day’ despite Biden pardon
‘Like Graham Platner But Worse’: GOP Group Vows $42M Campaign Against Last-Minute Replacement Democrat
Study Confirms Who Is Behind Killings of Christians in Nigeria
Bipartisan pair of senators urge Rubio to release aid to African women, children at risk of Ebola

Sen. Michael Bennet, who was the last candidate to earn a spot on the debate stage, took a shot at Sanders on taxes.

Bennet said he believed in getting to universal health care. “I believe the way to do that is by finishing the work we started with Obamacare and creating a public option that every family and every person in America can make a choice for their family about whether they want a public option which for them would be like having Medicare for All or whether they want to keep their private insurance. I believe we will get there much more quickly if we do that.”

“Bernie mentioned the taxes that we would have to pay, because of those taxes, Vermont rejected Medicare for All,” he added. Sanders shook his head in response.

When asked which candidates would abolish private health insurance in favor of a government-run plan, only Sanders and Harris raised their hands.

Supporters of a single-payer plan like Medicare for All say that a “public option” to buy insurance, the competing approach, is just another incremental step, like Obamacare, that perpetuates the power and profits of the private insurance industry while failing to achieve universal coverage.


Father of 10-year-old boy breaks silence after viral beach rescue: ‘No way I could ever repay him’
Trump says he ‘disagrees 100%’ with U.S. Attorney Jeanine Pirro over Reflecting Pool case
Assisted living sent resident to doctor’s appointment after giving him 18 shots, 5 am beer: officials
Mamdani extends deadline for NYC homeowners to seek exemption from new pied-à-terre tax
Trump immigration agenda faces setback as Obama-appointed judge issues fresh TPS stay
Israeli president says Palestinian peace ‘requires’ acceptance of Israel in warning against Mamdani
New Christian Persecution Report Shows Most Dangerous Countries on Earth for Believing in Jesus
Why Gen Z Is Breaking This Longtime Workplace Taboo
Reporter’s Notebook: Why Fauci’s 111 Fifth Amendment pleas could end up before the courts
Trump Says AI Data Centers Pledge Will Make Power Bills ‘Actually Come Down’
Parents Who Starved Their 75-Day-Old Baby to Death Will Get No Jail Time After Guilty Plea – Guess Who the Judge Is
Fauci’s Fifth fuels vow to haul him into court ‘every day’ despite Biden pardon
‘Like Graham Platner But Worse’: GOP Group Vows $42M Campaign Against Last-Minute Replacement Democrat
Study Confirms Who Is Behind Killings of Christians in Nigeria
Bipartisan pair of senators urge Rubio to release aid to African women, children at risk of Ebola

Those against Medicare for All say it would be too hard to implement, resulting in underfunded hospitals due to lower Medicare-rate payments, and not provide enough options for consumers.

“Everybody who says Medicare for All, every person in politics who allows that phrase to escape their lips has a responsibility to explain how you’re actually supposed to get from here to there,” said South Bend, Ind., Mayor Pete Buttigieg. “I would call it Medicare for All Who Want It.”

Buttigieg said he would take parts of Medicare and give people an option to buy into it, providing “a very natural glide path to the single-payer environment.”

Story cited here.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter