Sunday, November 03, 2019

42% national sales tax to pay for Elizabeth Warren's Medicare for all plan?

Yes, health insurance is expensive. An interesting article, by Rick Newman at Yahoo Finance (not the video) talking about how much a "Medicare for all" plan could cost. Staggering, but toward the end of the article it does say that people and employers pay a staggering amount now for private health insurance. When considering what folks pay for insurance, the higher taxes to support Medicare for all isn't so bad after all.

Of course higher income people would be hit harder with the taxes than they are with premiums as taxes tend to be more graduated; or at least should be graduated based on income.

Healthcare is too expensive. Even Medicare for all would have to be paid for, but private insurance is expensive also. More people should ride bicycles for exercise and health. I just add that whenever I can.

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