Elizabeth Warren contradicted herself on what she has previously said about how she’ll fund Medicare for All during an event last Thursday.
Previously, Warren said that there will be “no increases in taxes for anyone except billionaires, period. Done.”
However, she appeared to walk that back a little bit on Thursday:
Warren: “So what I propose in Medicare for All is to say, here’s how we’re going to start, federal government just keeps paying the same that they’re doing right now, state government just keeps paying the same as they’re doing right now. Employers just keep paying the same as they’re paying right now. And the fourth one is that the $11 trillion, that over the next 10 years, people will, if we don’t do anything, are going to be reaching their pockets to pay, that goes to zero. And the way we’re going to make up that difference, is we’re going to do it by increasing taxes on some of the biggest corporations and by increasing taxes on the top 1%.”
The top one percent of U.S. earners requires an household income of $421,926, according to CNBC, which is significantly less than the promise of “no increases in taxes for anyone except billionaires.”
In addition, her plan already promises to repeal the Tax Cuts and Jobs Act. Such a repeal would raise taxes on middle income Americans.
Even Bernie Sanders, who “wrote the damn bill,” as he likes to say, admits that middle class taxes would go up under Medicare for All.
“Yeah, [we’d have to] raise taxes on the middle class,” Sanders told a CNN reporter after the July debate.
Warren has continuously dodged the middle class tax question, and tried to dodge it for a total of 28 times, as Americans for Tax Reform has documented.
As the Washington Post reported, Kenneth Thorpe, chairman of the health policy department at Emory University directly said that the plan will hit the middle class. “There’s no question it hits the middle class,” he said.
Stay up-to-date on Democrat tax hike threats at www.atr.org/HighTaxDems.
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