Sen. Bernie Sanders (I-VT) told late-night host Stephen Colbert on Thursday that his Medicare for All proposal is far from free and Americans making over $29,000 will see their taxes raised to pay for it.
Sanders has been a vocal proponent of Medicare for All, which — by some estimates — could cost over $60 trillion over a decade. Colbert asked Sen. Elizabeth Warren (D-MA) last week if Medicare for All would result in higher taxes for middle class Americans, and he posed the same question to Sanders on Thursday.
“Is there an increase in taxes on the middle class to pay for Medicare for All, or rather, where would the tax burden go to pay for that?” the CBS host asked...
“Now having said that, is health care free? No, it is not. So what we do is exempt the first $29,000 of a person’s income. You make less than $29,000, you pay nothing in taxes,” Sanders explained, essentially admitting that taxes will go up on middle class families from there.