Democratic Primaries
Related: About this forumWith Detailed Pay-For Plan, Warren Touts Medicare for All as 'Bigger Than the Biggest Tax Cut' in US
"If you're not in the top 1%, Wall Street, or a big corporation congratulations, you don't pay a penny more and you're fully covered."
https://www.commondreams.org/news/2019/11/01/detailed-pay-plan-warren-touts-medicare-all-bigger-biggest-tax-cut-us-history#
Joe Queally
It won't be a burden. It will be a relief. And for the large majority of those living in the United Statesa huge tax break.
Sen. Elizabeth Warren released a 'Paying for Medicare for All' proposal on Friday morning, laying out her detailed approach to financing a federal health care plan that would provide comprehensive coverage to all Americans by demanding the top 1% and corporations take the brunt of the costs while promising "not one penny" more in taxes for working-class and middle-class families.
"No middle class tax increases," Warren said of her plan in a detailed blog post as she vowed to put "$11 trillion in household expenses back in the pockets" of U.S. families. That figure, she said, is "substantially larger than the largest tax cut" in the nation's history......
"There's a reason the American people support [Medicare for All]. It's because when it comes to the cost of health care, we are in the middle of a full-blown crisis."
Sen. Elizabeth Warren
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This is how MFA becomes a winning issue-- greater cost savings than the biggest tax in history. Lets hope all the candidates jump on the bandwagon.
primary today, I would vote for: Joe Biden
Progressive2020
(713 posts)She is always on top of things in her Campaign, and has a well thought out plan for most everything. She is very smart, organized, and disciplined. She responds to criticism by improving herself and her plans. She had been criticized about how she was going to pay for her Medicare For All proposal. Instead of getting hostile or defensive, she simply developed an effective plan.
I think that this woman would make an excellent President. She is a smart policy wonk but also a sharp campaigner. I would like to see her poll numbers versus Trump. I am still undecided, but if the election were today, I would vote Warren. I am also encouraged that Warren is the second choice for many Democrats. I think as more Democrats drop out of the primary race, Warren might pick up a lot of their votes. Anyway, I like Professor Warren.
primary today, I would vote for: Undecided
Gothmog
(145,254 posts)Link to tweet
Warren shies away from calling this a tax, and she even claims "we don't need to raise taxes on the middle class by one penny to finance Medicare for All." Instead, she refers to it as an employer Medicare contribution, under which companies "would send payments to the federal government for Medicare."
But there is a commonly accepted term for a plan that requires companies to send payments to the federal government in order to finance government programs. That word is tax. And that is essentially what this isa nearly $9 trillion payroll tax (or, perhaps, a head tax with some small-business carve outs). It is thus hard to see this as anything other than a massive middle-class tax hike.
primary today, I would vote for: Joe Biden
andym
(5,443 posts)Last edited Sat Nov 2, 2019, 01:25 PM - Edit history (1)
instead it actually makes the point that the tax (which it is) will be on companies-- and essentially replaces the private payments with government payments -- yes a tax (but not on individuals!). The article then claims the tax is on workers, when even they stated before that it is not, but on companies. Maybe they are just conflating companies with their workers, but that is flawed thinking.
Basically companies will pay a tax to the government instead of paying insurance companies.
I'm not sure why the author of that article focused only on that tax, there are quite a few in her proposal-- the thing is they are not on middle class individuals.
primary today, I would vote for: Joe Biden
forthemiddle
(1,379 posts)I am covered under my husbands insurance, and dont take my company provided plan.
Do you still tax my company for something they never provided in the first place?
If the answer is yes, you are going to put a lot of businesses in deep financial trouble.
My husbands employer is 10 times as big as the company I work for (and provides much better coverage), so do they still pay extra tax for me, or only for my husband, transferring that obligation back to my employer?
primary today, I would vote for: Undecided
PETRUS
(3,678 posts)primary today, I would vote for: Undecided
andym
(5,443 posts)That article was clearly written to invoke an emotional reaction against any tax.
primary today, I would vote for: Joe Biden
forthemiddle
(1,379 posts)If I no longer have my company provided insurance, I will no longer have a premium to pay.
I am middle class, so if I dont have a tax increase, were does my premium money go? Do I just transfer the money I now pay to United Healthcare to the government? Do you still call the money my premium?, or is it now a tax?
If its a mandatory payment to the government, I call it a tax, ie a middle clad tax increase.
What am I missing?
primary today, I would vote for: Undecided
andym
(5,443 posts)AFAIK. It appears you would NOT be paying a premium under the plan.
primary today, I would vote for: Joe Biden