Source: The New Democrat
ABC News’s George Stephanopoulos, with his questioning here did a very good job at getting Senator Bernie Sanders to admit that everyone’s taxes will have to go up if you want to pay for all the Senator’s new Federal programs without borrowing the money from Russia, Saudi Arabia, or China. Because we’re talking about trillions of new Federal spending to pay for his new programs. Medicare For All alone, would be a couple trillion a year. Because now the U.S. Government would become the sole provider for health insurance in America. We have a population now pushing three-hundred and twenty-million people and we’re only getting bigger.
And Senator Sanders can say he wants to tax the rich all he wants to pay for his programs. But if somehow we did see a hurricane in Minnesota tomorrow, in November by the way and Democrats not just win back Congress, but most of those new Democratic Senators and Representatives are at least as far to the left as Senator Sanders, the rich won’t pay most of those new taxes. Why? Because most of them can afford to live in other countries where they wouldn’t have to pay 60, 70, or 80 percent, or whatever the new top tax rate would be under a President Sanders. Plus on top of that all of their subsidies disappearing as well.
So who gets stuck paying for all of President Sanders free government programs? The people who are supposed to benefit from them. Middle class Americans for the most part who can’t afford a sharp tax attorney to can find them all sorts of tax breaks. And can’t afford any new tax hikes right now even with the payroll tax. Bernie, wouldn’t have to raise payroll taxes to guarantee Family and Medical Leave. He could get a bill passed out of Congress. an institution he’s very familiar with serving now almost twenty-five years there. That says all employers, or at least all employers with income’s of a certain amount have to give all of their employees Paid Family and Medical Leave. Of course middle class taxes would go up under a President Sanders and he’s at least smart enough to understand that.
Washington Free Beacon: The Week With George Stephanopolous- Bernie Sanders: Promises To Raise Taxes On All Americans