Bernie Sanders Predicts His $10,000 Tax Hike Will Save You Money. Watch the Fine Print
- Taxpayers could see increases higher than their health costs
- Sanders plan to pay for health care covers about half of cost
April 11: Bernie Sanders's New "Medicare for All"
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Senator Bernie Sanders says most people in America will have to pay more in taxes to pay for his Medicare-for-All plan. But he insists that’s a good deal -- and will save people money overall by lowering health costs.
For many Americans, though, that would not be true. Households that spend a lot on health care already would be most likely to see the benefit. But for many, higher taxes would exceed any savings.