This
article at The Hill reports on an interview of Bernie Sanders by
CNBC’s John Harwood. Harwood asks Sanders about how to pay for his
Medicare for All plan.
Sanders responds:
"You're asking me to come up with an exact detailed plan of how
every American — how much you're going to pay more in taxes, how
much I'm going to pay. I don't think I have to do that right now."
No,
evader Sanders. The article makes it very clear that Harwood
asked about aggregate additional government spending and
taxes for Medicare for All. This Sanders web-page calls for additional revenues that total about
$16 trillion over 10 years. However, $4.2 trillion of that is from
assuming employers will pay more taxes because they won’t be
deducting the cost of health insurance for their employees. Does
Sanders intend that the $3.9 trillion premium/tax Sanders wants to
impose on them be, unlike wages or health insurance premiums now or
FICA taxes (paid to Social Security and Medicare), will not be a
tax-deductible expense? It also totally ignores that employers could
easily spend the “savings” on other things like hiring more
employees, buying supplies, buying new equipment, etc. Thus at least
$4.2 trillion of Sanders’ alleged $16 trillion is highly spurious.
So Sanders’ plan is for the government to spend $34-36
trillion more on healthcare, as estimated by the left-leaning Urban
Institute, and only collect $12 trillion in taxes.
The
$34-36 trillion does not even include all other government
spending BS wants – for climate change, infrastructure, student
debt relief, more subsidies, bigger Social Security benefits, etc.
Of
course, this is no problem for BS. Despite the lip service he gives
to government deficits and debt – when it is convenient to
criticize his political opponents – he doesn’t care an iota
about government deficits or debt. He regards any government
spending he approves of as a heavenly gift, and in Sanders’
newspeak justice
includes extortion.
No comments:
Post a Comment