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HerbChestnut

HerbChestnut's Journal
HerbChestnut's Journal
January 18, 2016

Here it is: Bernie's Single Payer Healthcare Plan

https://berniesanders.com/issues/medicare-for-all/

Similar to his 2013 proposal. Check it out for yourselves.

Some Highlights:

Bernie’s plan will cost over $6 trillion less than the current health care system over the next ten years.

The United States currently spends $3 trillion on health care each year—nearly $10,000 per person. Reforming our health care system, simplifying our payment structure and incentivizing new ways to make sure patients are actually getting better health care will generate massive savings. This plan has been estimated to save the American people and businesses over $6 trillion over the next decade.

The typical middle class family would save over $5,000 under this plan.

Last year, the average working family paid $4,955 in premiums and $1,318 in deductibles to private health insurance companies. Under this plan, a family of four earning $50,000 would pay just $466 per year to the single-payer program, amounting to a savings of over $5,800 for that family each year.

Businesses would save over $9,400 a year in health care costs for the average employee.

The average annual cost to the employer for a worker with a family who makes $50,000 a year would go from $12,591 to just $3,100.


The Plan Would Be Fully Paid For By:

A 6.2 percent income-based health care premium paid by employers.
Revenue raised: $630 billion per year.
A 2.2 percent income-based premium paid by households.
Revenue raised: $210 billion per year.

This year, a family of four taking the standard deduction can have income up to $28,800 and not pay this tax under this plan.

A family of four making $50,000 a year taking the standard deduction would only pay $466 this year.

Progressive income tax rates.

Revenue raised: $110 billion a year.

Under this plan the marginal income tax rate would be:
37 percent on income between $250,000 and $500,000.
43 percent on income between $500,000 and $2 million.
48 percent on income between $2 million and $10 million. (In 2013, only 113,000 households, the top 0.08 percent of taxpayers, had income between $2 million and $10 million.)
52 percent on income above $10 million. (In 2013, only 13,000 households, just 0.01 percent of taxpayers, had income exceeding $10 million.)

Taxing capital gains and dividends the same as income from work.

Revenue raised: $92 billion per year.

Warren Buffett, the second wealthiest American in the country, has said that he pays a lower effective tax rate than his secretary. The reason is that he receives most of his income from capital gains and dividends, which are taxed at a much lower rate than income from work. This plan will end the special tax break for capital gains and dividends on household income above $250,000.

Limit tax deductions for rich.

Revenue raised: $15 billion per year

Under Bernie’s plan, households making over $250,000 would no longer be able to save more than 28 cents in taxes from every dollar in tax deductions. This limit would replace more complicated and less effective limits on tax breaks for the rich including the AMT, the personal exemption phase-out and the limit on itemized deductions.

The Responsible Estate Tax.

Revenue raised: $21 billion per year.

This provision would tax the estates of the wealthiest 0.3 percent (three-tenths of 1 percent) of Americans who inherit over $3.5 million at progressive rates and close loopholes in the estate tax.

Savings from health tax expenditures.

Revenue raised: $310 billion per year.

Several tax breaks that subsidize health care (health-related “tax expenditures”) would become obsolete and disappear under a single-payer health care system, saving $310 billion over ten years.

Most importantly, health care provided by employers is compensation that is not subject to payroll taxes or income taxes under current law. This is a significant tax break that would effectively disappear under this plan because all Americans would receive health care through the new single-payer program instead of employer-based health care.
January 17, 2016

The Hillary clan has regrouped

Talking points are in and they're back out in full force. This is going to be a long two weeks before Iowa.

January 10, 2016

Sanders does better in GE matchups than Clinton in IA and NH according to new WSJ/NBC/Marist poll

http://www.nbcnews.com/meet-the-press/poll-neck-neck-2016-races-iowa-new-hampshire-n493361

Sanders outperforms Clinton in general-election matchups

The NBC/WSJ/Marist polls also show that Sanders outperforms Clinton in hypothetical general-election matchups in these two presidential battleground states - something other surveys have found, too.

In Iowa:

Clinton leads Trump by eight points among registered voters (48 percent to 40 percent), but Sanders is ahead of him by 13 (51 percent to 38 percent);
Cruz tops Clinton by four points (47 percent to 43 percent), but Sanders beats him by five (47 percent to 42 percent);
And up Rubio is up by five points over Clinton (47 percent to 42 percent), while he's tied with Sanders (44 percent to 44 percent).

In New Hampshire:

Clinton is ahead of Trump by just one point (45 percent to 44 percent), but Sanders tops him by 19 points (56 percent to 37 percent);
Cruz beats Clinton by four points (48 percent to 44 percent), but Sanders leads him by another 19 points (55 percent to 36 percent);
And Rubio bests Clinton by 12 points (52 percent to 40 percent), while Sanders leads him by nine points (50 percent to 41 percent).

The primary reason why Sanders tests better in these general-election matchups is due to his stronger performance with independent voters.


This is what Bernie supporters have been saying the whole time. If you truly believe that the Democratic nominee should be chosen based on who will defeat the Republicans in the fall, then Bernie should be your candidate of choice. He gives us the best chance to do that.
January 9, 2016

Well then, the Hillary folks are taking it up another notch.

Already today I've seen threads that Bernie is a gun nut, sexist, can't win, etc etc. They're throwing the kitchen sink at us. Be on the lookout for alert bait.

Edit: Oh look. Now Bernie thinks cervical cancer is caused by a lack of orgasms, which explains PP's endorsement of Hillary. Of course!

January 9, 2016

Hillary Clinton steals another of Bernie's talking points. This time on Wall Street.

It's almost word for word this time. This is getting ridiculous folks.

"No bank is too big to fail, and no banker is too important not to jail." - Hillary. 19 seconds into the video. Compare that to the dozens of speeches where Bernie has said the exact same thing using almost the exact same words for the last few months.


January 9, 2016

FOX News National Poll: Hillary 54, Bernie 39, Martin 3

Surprised not to see this anywhere in GDP. This marks Bernie's highest result yet, tying another recent national poll from two weeks ago or so. This is also a 5 point gain for him and a 7 point swing overall in his favor since the last FOX poll.

http://www.foxnews.com/politics/interactive/2016/01/08/fox-news-poll-national-presidential-race-obama-ratings/

January 7, 2016

VOTE in Moveon.org's ENDORSEMENT poll

http://act.moveon.org/survey/2016_presidential_endorsement-vote/

If you've signed up as a member go out and vote NOW. This could be a huge endorsement for Bernie leading up to the Iowa caucuses.
January 7, 2016

Bernie should have Jane go out on the stump. She's phenominal!

This is part of the Morning Joe interview from this morning. They address a variety of issues, but whenever Jane chips in she just lays down the hammer. This is the woman I want to see in the White House.

January 5, 2016

F*** Off CNN: Bernie Sanders promises $2 ATM Fees

Really??? An hour long speech on the greed and malpractices of Wall Street with numerous policy proposals and *that's* the headline?

http://money.cnn.com/2016/01/05/investing/bernie-sanders-wall-street-atm-fees/index.html

Note: The headline of the actual article is different from the one on the CNN homepage, which is where the OP title comes from.

January 5, 2016

Bernie's Wall Street Speech - Let's make it go Viral

I haven't seen a single article or headline about his speech on any of the major news sites. Looks like it's up to us to spread the word. Post it on Facebook, Twitter, Reddit, tell your friends and family, SPREAD THE WORD. #BreakEmUp



EDIT: Looks like the Sanders campaign had the same idea. If you're on Twitter or Facebook use the hashtag #BreakEmUp

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