Most Bernie Sanders supporters aren't willing to pay for his revolution
What Sanders supporters are willing to pay isn't enough for his health care plan
In 2015, the average person on an employer-sponsored health plan paid a little more than $1,000 annually in premiums, and the average family paid nearly $5,000, according to the Kaiser Family Foundation.
In other words, even Sanders supporters are saying they don't want to pay as much to the federal government for health care as they are paying right now in the private sector.
But Sanders's plan to pay for universal health care coverage would increase taxes on most voters by more than $1,000. He wants to:
- Add a 2.2 percentage point surcharge on individual incomes. This means marginal tax rates go up for everyone. (After a standard deduction, about a quarter of households won't have to pay this surcharge.)
The kicker for all of this? Some analysts believe Sanders's plan will cost twice as much as his campaign estimates.
- Add a new 6.2 percent tax on earnings, which employers pay — but will be passed on to workers over time in the form of lower wages, according to the Tax Policy Center's Roberton Williams.