Warren’s $52T Plan To Pay For ‘Medicare For All’ Leans Heavily On Employer Taxes, Avoids Increase For Middle Class

Sen. Elizabeth Warren (D-Mass.) released her plan for "Medicare for All" Friday, after facing criticism for not detailing how she would pay for the overhaul to the health system. It would require the federal government to absorb $20.5 trillion in new spending, but Warren says that the middle class will not see "one penny" in tax hikes. She plans to carry over almost all existing health funding from employers and state governments while also levying a variety of new taxes on the rich, corporations and high-earning investors — including doubling her signature wealth tax on billionaires.

from Kaiser Health News https://ift.tt/2pADvZp