General Discussion
In reply to the discussion: So where will the extra $16 trillion come from to pay for Sanders' plan? [View all]stopbush
(24,852 posts)But lets take you example of a family of four.
Your example shows an employee with three dependents - spouse and two kids - paying a payroll tax of only 7.5%. Where is the money being put into the system to pay for their three dependents? How is it fair for an employee with a family of four to pay the same payroll tax as an individual, but to get four times the coverage as the individual?
You also fail to account for the fact that current Medicare patients pay a monthly premium that averages about $117 a month. If that family of four were put on Medicare for All, wouldnt all four of those family members have to pay that monthly Medicare premium? That would be a premium of $468 a MONTH for that family of four, and that equates to over $5000 a year in Medicare premiums for that family of four. And, as the employer is no longer involved in providing insurance, there is no incentive for the employer to pick up that $5000 cost, especially when their payroll tax PER EMPLOYEE just went from 1.45% to 7.5%.