Bernie Sanders Wants 52 Percent Tax Rate To Pay For Government Run Healthcare

This is one of the main reasons that Bernie Sanders’ plan for healthcare will never pass. It would cost the American people a fortune and even Democrats know it. People don’t want to give more than half of their money to the government.

Americans for Tax Reform has the story:

Bernie Calls For 52% Tax Rate for Government Healthcare

Sen. Bernie Sanders is once again calling for extreme tax hikes to pay for his plans, this time for a government-run single payer health care system. The plan will come in at a cost of $1.38 trillion per year and will impose across the board tax hikes, including:

-An income tax rate of 52%

-Taxing ALL capital gains as ordinary income, meaning the current top capital gains rate of 23.8% would jump to 52%

-Massive hike in the Death Tax

-American families making as little as $28,900 per year will face a 2.2 percent tax on their income

-A $630 billion tax hike aimed at employers, which will just end up hitting workers

-Sanders also calls for more tax complexity and more tax brackets: 37%, 43%, 48% and of course the 52%

This would never pass in a million years. The American people are already struggling to pay for healthcare. Letting the government take it over would only make it worse.

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