February 24, 2020
Below is an accounting of Sen. Bernie Sanders’ plans to pay for his major policy proposals, which he handed to Chris Cuomo during tonight’s CNN town hall.
It will cost $2.2 trillion to make public colleges, universities & trade schools tuition free & cancel all student debt over the next decade. It is fully paid for by a modest tax on Wall Street speculation that will raise an estimated $2.4 trillion over 10 yrs.
Bernie’s bill to expand Social Security will increase benefits for low-income senior citizens and people with disabilities by more than $1,300 a year. It is fully paid for by making the wealthiest 1.8% of...
This bill will also extend the solvency of Social Security into the year 2070 - ensuring that Social Security can pay every benefit owed to every eligible...
berniesanders.com/issues/expand-…
Housing for All
Bernie’s proposal to guarantee housing as a human right and to eliminate homelessness will cost $2.5 trillion over the next decade.
berniesanders.com/issues/housing…
berniesanders.com/issues/tax-ext…
Bernie’s proposal to guarantee universal childcare & pre-school to every family in America who needs it will cost $1.5 trillion.
It is fully paid for by a wealth tax on the top one-tenth of one percent, those who have a net worth of at least $32 Million
berniesanders.com/issues/tax-ext…
Bernie has introduced a proposal to eliminate all of the $81 billion in past due medical debt held by 79 million Americans. It is fully paid for by establishing an income inequality tax on large corporations that...
berniesanders.com/issues/tax-ext…
Green New Deal
The $16.3 trillion climate change proposal that Bernie has introduced will fundamentally transform our energy system away from fossil fuel & towards...
Raising $3.085 trillion by making the fossil fuel industry pay for their pollution, through litigation, fees, & taxes, & eliminating federal fossil fuel subsidies.
- Collecting $2.3 trillion in new income tax revenue from the 20 million new jobs created by the plan.
- Saving $1.31 trillion by reduced the need for...
- Raising $2 trillion in revenue by making large corporations pay their fair share of taxes.
Key Points:
By averting climate catastrophe we will save: $2.9 trillion over 10 years, ...
If we do not act, the U.S. will lose $34.5 trillion by the end of the century in economic productivity.
berniesanders.com/issues/tax-ext…
According to a February 15, 2020 study by epidemiologists at Yale University, the Medicare for All bill that Bernie wrote would save over $450 billion in health care costs and prevent 68,000 unnecessary deaths – each and every year.
These options include:
Creating a 4 percent income-based premium paid by employees, exempting the first...
In 2018, the typical working family paid an average of $6,015 in premiums to private health insurance companies. Under this option, a typical family of four earning $60,000, would pay a 4% income-based premium to fund Medicare for All ...
(Revenue raised: About $4 trillion over 10-years.)
Imposing a 7.5 % income-based premium
In 2018, employers paid an average of $14,561 in private health insurance premiums for a worker with a family of four. Under this option, employers would pay a 7.5 percent payroll tax...
(Revenue raised: Over $5.2 trillion over 10-years.)
Eliminating health tax expenditures, which would no longer be needed under Medicare for All.
Raising the top marginal income tax rate to 52% on income over $10 million.
(Revenue raised: About $700 billion over 10-years.)
Replacing the cap on the state & local tax deduction with an overall dollar cap of...
(Revenue raised: About $400 billion over 10-years.)
(Revenue raised: About $400 billion over 10-years.)
(Revenue raised: About $2.5 trillion over 10-years.)
Enacting corporate tax reform including restoring the top federal corporate income tax rate to 35 percent.
(Revenue raised: $3 trillion of which $1 trillion would be used to help finance Medicare for All and $2 trillion would be...
Using $350 billion of the amount raised from the tax on extreme wealth to help finance Medicare for all.
berniesanders.com/issues/tax-ext…




