Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 month ago

How much would taxes have to go up on middle Americans for Warren's medicare for all plan to work?

Asking for a friend (My friend is Elizabeth Warren and she apparently has no idea) so if you could help her out and give me the answer before the next debate that would be great.

9 Answers

Relevance
  • 1 month ago

    Would you consider people whose income is >= $32 million "middle class?"

  • 1 month ago

    In reality probably at least a 20% increase considering she is also going to wipe out all the student debt.  She claims only the rich will get taxed, don't believe 1 word that comes out of her mouth, she's not going to tax herself.  She is just as bad as Hillary.

  • Anonymous
    1 month ago

    The answer depends on if the government can get private insurance to stop overcharging, greatly reduce medical lawsuits, and pull medicine prices in line with what other countries are paying.

  • 1 month ago

    The Urban Institute, a center-left think tank highly respected among Democrats, is projecting that a plan similar to what Warren and Senator Bernie Sanders are pushing would require $34 trillion in additional federal spending over its first decade in operation. That’s more than the federal government’s total cost over the coming decade for Social Security, Medicare, and Medicaid combined, according to the most recent Congressional Budget Office projections.

    .

    https://www.theatlantic.com/politics/archive/2019/...

  • What do you think of the answers? You can sign in to give your opinion on the answer.
  • Greg
    Lv 7
    1 month ago

    What Warren and the other claim is that they will only tax the rich, but the past shows us that the rich will find loopholes or leave the country or be taxed to middle class and then the middle class taxes will go up. Warren is smart enough to know that any plan she documents will be quickly proven to be very flawed, so she stays vague.

  • 1 month ago

    50%, 60% increases, easy.

    Lolz

  • Anonymous
    1 month ago

    It would cost at least 30 Trillion over the first 10 years, that’s more than all other entitlement programs combined.

  • Anonymous
    1 month ago

    There isn't enough money in the entire nation to fund her schemes.

    You could confiscate 100% of the wealth from 100% of the people and still not have enough money

  • 1 month ago

    Hilarious. Warren has NO Medicare for All plan

Still have questions? Get answers by asking now.