US News

Socialism Will Spike Taxes, But Americans Will Be ‘Delighted’ To Pay Extra

Democratic presidential hopeful Bernie Sanders acknowledged a tax increase from his policies and said Americans would be “delighted” to pay extra, in a CNN interview with Anderson Cooper Wednesday.

“I suspect that a lot of people in this country would be delighted to pay more in taxes if they had comprehensive health care as a human right,” Sanders said. The Vermont senator also went on to tell Cooper that he bases his principles on his 50-mile proximity to the Canadian border, where universal health care is law (RELATED: OPINION: Universal Healthcare Should Not Be A Right)

What Sanders did not include in his statement was the cost of his programs. The Mercatus Center at George Mason University released a study saying Americans can estimate to foot a $32.6 trillion bill over a 10-year period for “Medicare for All,” a Fox News report says. Sanders has also omitted cost information on his campaign website.

The 10-year cost breaks down to $3.26 trillion per year according to the report, the current fiscal year U.S. federal budget now stands around $4.7 trillion. Not only is his plan set to consume a majority of the budget, but with these numbers, the 74 million Americans that rely on Medicare will have to pay more in taxes, Fox News reports.

Sanders also told Cooper Wednesday that housing, retirement, education and a clean environment are among his staples of “human rights.” President Donald Trump was a subject of discussion in the interview too.

Sanders called Trump a “corporate socialist” because of his “tax breaks to the wealthy.” He also chastised corporations seeking bailouts because of their “greed” and “illegal activity.”

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org

Jake Dima

Share
Published by
Jake Dima

Recent Posts

Trump EPA Refers $20 Billion Biden Slush Fund To Agency’s Internal Watchdog

The Trump Environmental Protection Agency (EPA) officially referred potential mismanagement of a $20 billion Biden-era…

2 hours ago

The Daily Grind

Zelensky would like to see U.S. troops in Ukraine but is unwilling to move toward…

2 hours ago

The Importance of Retaking Institutions

Lasting political change doesn't come from winning elections but reshaping institutions. On Feb. 26, Jeff…

5 hours ago

The Agony and Ecstasy of Getting Out of Debt

Dear Mary: We've just received notice that the rent on our three-bedroom house is going…

5 hours ago

President Donald Trump’s Schedule for Tuesday, March 4, 2025

Schedule Summary: President Donald Trump will deliver the State of the Union Address on Tuesday.…

13 hours ago