Connect with us

News

Elizabeth Warren Calls For $9 Trillion Tax On Companies To Fund ‘Medicare For All’

Published

on

One of the big issues on the Democratic Party platform is the whole “Medicare for all” deal, which many of the Democratic presidential candidates are wanting to enact should they manage to win the White House in 2020.

One of the biggest pushbacks from Americans on this plan is how it will be funded, a question that folks like Sens. Bernie Sanders and Elizabeth Warren have danced around repeatedly.

Well, now it seems Warren is calling for a nearly $9 trillion tax on employers to help cover the cost of Medicare For All.

Trending: City Unanimously Rejects US Flag Mural In Front of State House, But Pushes Through BLM Artwork

Here are the details from The Washington Examiner:

take our poll - story continues below

Trump or Biden, who will win?

  • Why wait until November 3? Show all of America who you're voting for in 2020  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Flag And Cross updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

The plan, published Friday, would raise $20 trillion in taxes on employers, financial firms, giant corporations, and the top 1% of earners, including raising $2.3 trillion by cracking down on tax evasion. The estimate from the Warren campaign, that the federal government will need to spend $20 trillion more to get “Medicare for all,” is $14 trillion lower than many outside analysts have predicted.

Warren says she can get there through savings over time with lower administrative costs, paying providers less, and by redirecting health care spending from state governments, even though other estimates that take these changes into account disagree with that conclusion.

“We don’t need to raise taxes on the middle class by one penny to finance Medicare for All,” Warren, a senator from Massachusetts, said in a Medium post detailing her payment plan. Instead, she estimates that because people will no longer be contributing to premiums in their paychecks, they’ll be taking home more money and that would in turn help raise $1.4 trillion.

The plan estimates that employers and companies will send $8.8 trillion over a decade to the federal government as an “Employer Medicare Contribution,” which Warren’s campaign says would be the same as what companies would pay for their workers to receive health insurance coverage now.

Other aspects of the plan include a cut to military spending and some savings through immigration reform. Both of these parts of the plan would prove difficult to get through Congress.

Save conservative media!

News

City Unanimously Rejects US Flag Mural In Front of State House, But Pushes Through BLM Artwork

Ah. Okay, then.

John Salvatore

Published

on

Is 2020 over yet? Is 2021 going to be worse? If Joe Biden is elected president, it is certainly possible – but dang. This year has been a trip and it’s only halfway through. Just wait until we get closer to the election. It’s gonna be fireworks. From TDW: The city council for Montpelier, Vermont unanimously rejected a petition to paint an American flag and the phrase “Liberty and Justice for All” in front of the Vermont State House. The city council made its decision in a contentious Wednesday night meeting where the members heard arguments for the murals from GOP gubernatorial candidate John Klar and several other supporters. Klar wanted to paint the flag on one side of an existing “Black Lives Matter” motto on the street, and the phrase “Liberty and Justice for All” in red, white, and blue painted on the other side. LOOK: WATCH: https://twitter.com/CBSNews/status/1266059339141439488?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1266059339141439488&ref_url=https%3A%2F%2Fwww.dailywire.com%2Fnews%2Frapper-cardi-b-defends-looting-after-george-floyd-death-the-people-are-left-with-no-choice https://twitter.com/iamcardib/status/1265831359425073153?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1265831359425073153&ref_url=https%3A%2F%2Fwww.dailywire.com%2Fnews%2Frapper-cardi-b-defends-looting-after-george-floyd-death-the-people-are-left-with-no-choice https://twitter.com/cbsnewspath/status/1266008553636139009?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1266008553636139009&ref_url=https%3A%2F%2Ftherightscoop.com%2Freport-looter-shot-dead-by-pawn-shop-owner-as-minneapolis-riots-raged-and-fires-burned%2F https://twitter.com/MarlaTellez/status/1265822228358156289?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1265822228358156289&ref_url=https%3A%2F%2Ftherightscoop.com%2Freport-looter-shot-dead-by-pawn-shop-owner-as-minneapolis-riots-raged-and-fires-burned%2F MORE: https://twitter.com/kscullinfox9/status/1265788916768088065?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1265788916768088065&ref_url=https%3A%2F%2Ftherightscoop.com%2Fvideo-thugs-loot-minneapolis-target-destroy-police-station-during-protests-over-george-floyds-death%2F https://twitter.com/kscullinfox9/status/1265790143446876160?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1265790143446876160&ref_url=https%3A%2F%2Ftherightscoop.com%2Fvideo-thugs-loot-minneapolis-target-destroy-police-station-during-protests-over-george-floyds-death%2F https://twitter.com/kscullinfox9/status/1265791117959798785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1265791117959798785&ref_url=https%3A%2F%2Ftherightscoop.com%2Fvideo-thugs-loot-minneapolis-target-destroy-police-station-during-protests-over-george-floyds-death%2F

Continue Reading

News

Black College Student Finds Racist Notes On His Car, Evidence Shows He Planted Them Himself

How many race hoaxes does this make, now?

John Salvatore

Published

on

Race hoax, race hoax, where for art thou race hoax? It’s hilarious to think that some people believe they’ll get away with acts of nonsense like this, attempting to blame an entire group of people over something that never happened. If Texas A&M had a spine, they would expel this student on the spot. But they won’t. It would be bad press. From The Daily Wire: In late June, Texas A&M University student Isaih Martin made headlines after he said he found racist notes on the windshield of his car. […] Late last week, Texas A&M police closed the investigation. Just as in nearly every other instance of an alleged hate crime like this, police determined that the accuser was responsible for the notes. […] Police said there were no cameras to clearly capture what happened, but nearby surveillance footage showed only a few people walking near Martin’s car during that time frame, none of whom were near the car long enough to post the notes. […] Police said that “based on video evidence, no other person had enough time to place the messages on Martin`s car other than himself.” How about them apples? The worst part is that the guy will most likely never have to answer for his crime. What kind of life lesson is that?

Continue Reading

Latest Articles

Best of the Week

 
Send this to a friend