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Title : How Bernie says he will pay for his agenda he steals more money from you
link : How Bernie says he will pay for his agenda he steals more money from you

How Bernie says he will pay for his agenda he steals more money from you

How Bernie says he will pay for his agenda 

Green New Deal

Sanders' Green New Deal is set to cost a whopping $16.3 trillion. He says this will be paid for by:

• Making the fossil fuel industry pay for pollution, through litigation, fees, and taxes ($3.1 trillion)
• Wholesale of energy produced by the regional Power Marketing Administrations ($6.4 trillion)
• Reducing defense spending ($1.2 trillion)
• Income tax revenue from 20million 'new jobs' which he claims will be created by the Green New Deal ($2.3 trillion)
• Reducing the need for federal and state safety net spending because of those new jobs ($1.3 trillion)
• Making large corporations pay more taxes ($2 trillion)     

 

Medicare for All  

Sanders does not put an exact cost on Medicare for all, but offers a number of ways he intends to raise money to fund it, totaling $16.4 trillion.

 Among his ideas are:

• A 4 percent income-based premium paid by employees, exempting the first $29,000 in income for a family of four ($4trillion)
• Imposing a 7.5 percent income-based premium paid by employers, exempting the first $1 million in payroll ($5.2 trillion)
•  Eliminating health tax expenditures ($3 trillion)
• Replacing the cap on the state and local tax deduction with an overall dollar cap of $50,000 for a married couple (($400 billion)
•  Taxing capital gains at the same rates as income from wages ($2.5 trillion)
•  Returning the estate tax exemption to the 2009 level of $3.5 million, and closing loopholes ($336 billion)
•  Enacting corporate tax reform ($1 trillion - plus another $2 trillion for the Green New Deal)

 

College for all and canceling student debt

Sanders estimates it will cost $2.2 trillion to make public colleges and universities tuition-free and to cancel student debt. He says this will be raised by a tax on Wall Street speculation which will raise $2.4 trillion.

 

Expanding Social Security

Sanders says a bill to increase Social Security benefits will paid for by making the wealthiest Americans pay the same rate as working families

 

Housing for All

 A proposal to guarantee housing for all and eliminate homelessness will cost $2.5 trillion over ten years, paid for by a wealth tax on the top one-tenth of one percent which he says will raise $4.35 trillion.

 

Universal Childcare/Pre-K

Sanders says guaranteed universal childcare and pre-school to every family in America who needs it will cost $1.5 trillion. He says it will be paid for by the above wealth tax.

 

 Eliminating Medical Debt

 A plan to eliminate all of the $81 billion in past due medical debt held by 79 million Americans is to be paid for by establishing an income inequality tax on large corporations which pay CEOs 50 times more than average workers.

 

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