Which means a 50% fed income tax rate for the middle class.
Sanders has been dishonest about the cost from day 1. I'll never forget that town hall when he told that man his taxes for single payer would only be $500 a month. What a crock. And the MSM never called him on it.
In fact, our taxes would be more than Denmark's because our healthcare system is for profit. Our hospitals expect to make money for their stockholders and our doctors expect to be millionaires, or at least wealthy--not middle class. Sanders does not address any of those painful to fix structural problems.
That is why Vermont couldn't get single payer. Sanders pushed for the VT single payer law and helped get it passed, touting it as the "model for the nation." But when it came time to pass a tax increase to pay for it, and the real numbers were added up, everyone realized it was not feasible. The thought of a 12% tax increase on the middle class to pay for it made everyone throw up in their mouth--including Sanders, who went AWOL when it came time to defend the tax. He was gearing up for a presidential run after all. Model for the nation indeed.
That is why Hillary's plan for simply expanding Obamacare makes so much more sense. It increases coverage without major disruptions to our healthcare industry. And as Obamacare has already started to do, it slowly addresses cost reductions on a gradual basis, so it is not a sudden steep cut that would upend our healthcare industry and send doctors and hospitals running to court to block it. Steady as she goes.