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HerbChestnut

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Member since: Fri Jul 24, 2015, 12:17 AM
Number of posts: 3,649

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Bernie's senate office releases Financing Proposal for Medicare for All

Full Text: https://www.sanders.senate.gov/download/medicare-for-all-2019-financing?id=860FD1B9-3E8A-4ADD-8C1F-0DEDC8D45BC1&download=1&inline=file

Summary:

Those options include, but are not limited to:

Creating a 4 percent income-based premium paid by employees, exempting the first $29,000 in income fora family of four;

Imposing a 7.5 percent income-based premium paid by employers, exempting the first $2 million in payroll to protect small businesses;

Eliminating health tax expenditures;

Making the federal income tax more progressive, including a marginal tax rate of up to 70 percent on those making above $10 million, taxing earned and unearned income at the same rates, and limiting tax deductions for filers in the top tax bracket;

Making the estate tax more progressive, including a 77 percent top rate on an inheritance above $1 billion;

Establishing a taxon extreme wealth;

Closing the “Gingrich-Edwards Loophole”;

Imposing a fee on large financial institutions; and

Repealing corporate accounting gimmicks.


Bring on the hate train.

Full Text of the Medicare for All Bill

As promised.

https://www.congress.gov/bill/116th-congress/senate-bill/1129/text

One user is bumping old Pro-Biden threads, so here's a new Pro-Bernie and Pro-Elizabeth thread.

Both are great candidates funded by grassroots organizations and regular people. Links to their web pages below.

https://berniesanders.com/

https://elizabethwarren.com/

Bernie's feelin' it.

https://twitter.com/BernieSanders/status/1187805239723859968?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1187805239723859968&ref_url=https%3A%2F%2Fwww.redditmedia.com%2Fmediaembed%2Fdn21q2%3Fresponsive%3Dtrue%26is_nightmode%3Dfalse

Oh no. Joe compares Bernie and Elizabeth to Trump on M4A.

We don't need this.

https://www.commondreams.org/news/2019/10/17/supporting-medicare-all-biden-accuses-sanders-and-warren-playing-trumps-game-and?fbclid=IwAR3lsJkVPwzT366EeOji6VPYxHAbG_1ewVIH6CxAbyNwuk5P4U-i9OTXX8Y

Link to the video:

https://twitter.com/ibrahimpols/status/1184605935848841219?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1184605935848841219&ref_url=https%3A%2F%2Fwww.commondreams.org%2Fnews%2F2019%2F10%2F17%2Fsupporting-medicare-all-biden-accuses-sanders-and-warren-playing-trumps-game-and

For reference, here's some possible financing options. Of course, nothing is finalized and these are subject to change:

A 70 percent top marginal tax rate on Americans earning over $10 million per year;
A 77 percent top tax rate on estates above $1 billion;
A tax on "extreme wealth";
A "fee on large financial institutions";
A "7.5 percent income-based premium paid by employers, exempting the first $2 million in payroll to protect small businesses"; and
A four percent "income-based premium paid by employees, exempting the first $29,000 in income for a family of four."

Source: https://www.commondreams.org/news/2019/04/10/how-will-you-pay-it-bernie-sanders-tackles-key-question-medicare-all

And before you say OmG cOmMoN dReAmS!!1!1 please acknowledge Biden's own words.

Medicare for All - Full Text of the Bill

Since there's still so much confusion on what exactly Medicare for All does, partly thanks to some of our Democratic candidates, I'll be posting a link to the full text of the bill from time to time. Happy reading.

https://www.congress.gov/bill/116th-congress/senate-bill/1129/text

So proud of Bernie

He's been great tonight.
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