Paying
for
Medicare for All

March 3, 2019 -- Medicare for All (M4A) -- great idea, right? But how do we pay for it? Here is an Economic Analysis of Medicare for All by an authoritative group.

It has plenty of opponents. At the heart of every right-wing position is opposition to taxes. That's why they hated the ACA; it had new taxes for the wealthy (though they pretended to have other reasons; the greed exposed by the truth would have been too obvious). They hate M4A because it includes a net worth tax. That will hit rich people hardest. It also proposes to abolish capital gains taxes, taxing them as ordinary income. It's the right thing to do. But they'll fight it as they always have.

We must also unlink health coverage from employment. Workers should buy their own healthcare (paying from their own pockets into M4A) instead of getting it from their jobs. What employers spend on healthcare should instead go into paychecks. This would, for those workers, be a breakeven or better, and a huge relief for employers. I also oppose funding M4A with a sales tax; such taxes are regressive.

Read it yourself. See whether you agree.

Table of Contents