in , ,

Now Elizabeth Warren is Outright Lying About Medicare-for-All Taxes

Elizabeth Warren spent the first six months of her presidential campaign avoiding the big question at the heart of her Medicare-for-All proposal: Namely, how would she pay for it? While offering some lip-service about the middle class and some nonsense about “costs,” the Massachusetts Democrat refused to come clean about the big, central question: Will she raise taxes on working Americans to pay for this healthcare boondoggle or not?

Finally, last week, she released her plan. It is an enormous, $52 trillion behemoth that includes $20 trillion in brand new federal spending. In the plan, Warren outlines her blueprint for funding the plan, which includes a mixture of corporate taxes, taxes on the wealthy, and taxes on even small-time employers. But releasing this plan has forced Warren out of her previous, dodgy posture on middle class taxes and into the unenviable position of simply, flat-out lying about them.

“It doesn’t raise taxes on anybody but billionaires,” Warren said in Iowa this weekend. “And you know what, the billionaires can afford it, and I don’t call them middle class.”

“No one with under a billion dollars in net worth will get a tax hike?” asked a reporter.

“That’s right—not paying a penny more,” she said. “Understand this. This is no increase in taxes for anyone except billionaires. Period. Done.”

This is a bald-faced lie.

First of all, Warren has already promised to repeal the Trump tax cuts, which amounts to a middle class tax hike in and of itself.

Secondly, her own plan includes a middle class tax hike, even if it is cleverly hidden.

“Her plan would create a new tax on employers of almost $9 trillion that would come out of workers’ pockets, a new financial transaction tax that would impact investments held by middle class Americans, and a new capital gains tax that would affect far more people than she stated tonight,” a Biden campaign spokesman said in a statement.

Biden obviously has his own reasons for balking at Warren’s MFA plan, but in this case, he’s 100% correct. That $9 trillion payroll tax increase will almost certainly be passed along to middle class workers in the form of reduced wages. You can stand on a stage and say, well, that’s not the same as a tax on the middle class, but for Warren – who’s all about “costs” – that is an extremely deceptive stance to take.

Of course, for Cherokee Princess Elizabeth Warren, deception is just part of the package.

What do you think?

-2 points
Upvote Downvote

Total votes: 2

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 2

Downvotes percentage: 100.000000%

Written by Andrew

Comments

Leave a Reply
  1. For the record the Democrats stole the idea of the Affordable Care Act from a Republican Conservative think tank.

    Trump’s first year in office had a unique opportunity to fix it and make it a true Republican plan. All they had to do was lower premium rates by capping administrative Insurance companies cost to a maximum between 12% or 14% depending on the type of insurance plan. This would have had a major impact in lowering premium rates across the country.

    But instead they messed it up big-time and it failed to pass.

    America needs a single payer system that gives more options and choices that doesn’t eliminate Insurance companies in that process.

    • Allen, there was noting wrong with the healthcare in this country. We have the best. It didn’t become a big deal until your pal sperm bank Barry decided to do his Hitler imitation. When you look at history, Hitler did the very same thing.

      • Medicare is a single payer system. Ask any Republican ON MEDICARE if they want to give it up and they will tell you where to go. Medicare pays 80% and seniors pay 20%. If seniors want the 20% to be covered they look to find an Health Insurance Company. America needs to find a way to lower premium and drug rates. ALL political parties need to work together to save lives by providing Quality healthcare at reasonable rates a cross country.

  2. What has not been looked into is how much monies will the the STATES have to cough up in MEDICAID funds to make her plan work. When I went to Warren’s official web page to find out what roll did Insurance Companies have in her plan, she failed to address that issue.

    She has to answer the question does your plan ELIMINATE INSURANCE COMPANIES?

    Next question: How will it effect seniors Medicare which is now an 80%+20% type plan or will seniors have to pay more or have their benefits reduced.

  3. If you ask Warren, seniors should have made all the retirement money to last for the rest of their lives. All the SSI MONEY should go to progressive leaders as a slush fund.

  4. FOR THE RECORD: MEDICARE FOR ALL IS SOCIALIZED MEDICINE AND THAT’S THE LAST STEP NECESSSARY TO TURN A COUNTRY TO SOCIALISM THAT MOVES TO COMMUNISM. DON’T BELIEVE ME: READ RULES FOR RADICALS. IT’S ALL IN THIER MANUAL. IF THIS SUCCEEDS AMERICA WILL BECOME THE NEXT VENEZUELLA! WAKE UP PEOPLE!

    • Who are Warrens advisers? The GDP for 2018 was $20.89 Trillion, remember the GDP is the total amount of goods and services for that year! Warrens $50+ Trillion for healthcare for all is insanity. The USA does not have the medical resources to comply with her plan, imagine how many companies will depart the USA, how many wealthy people will follow. She did NOT think her plan through, it is inept, irresponsible and her advisers are incompetent.
      The USA is already in serious trouble with the $23 Trillion National Debt, unless we control government spending the USA is in serious trouble.
      The U.S. national debt is massive—so massive that most Americans cannot comprehend it, much less solve it. But a crisis is looming, and a day of reckoning that will affect every American is coming.

  5. She has been lying the whole time. She has known all along that she would tax all of us to death. Take our money and try to run like all despot rulers do. Don’t forget communist rulers have every thing all else can starve for all they care.

  6. Not only is Elizabeth is telling a BALDFACED lie and the plan won’t work, but the tax, as it is, is an ABOMINATION, and will be even MUCH WORSE under her “plan”. We are Not to have “diverse weights and balances” (God’s Word, Proverbs) which is WAY wrong, but under HER plan the RICH would be paying MUCH, much more! Everyone should pay the SAME rate as everyone else – not a penny MORE or less (I said same RATE or percentage, not amount). This is just another POWER and MONEY GRAB, robbing EVERYONE (especially the rich) to pay for her Socialism/Communism scheme. She is NOT POTUS material and shouldn’t even be CONSIDERED as president! She, for all purposes, is a COMMUNIST, which is against the U.S. Constitution. Team Trump and his allies 2020 – KAGA (Keep America Great Again).

  7. Lizzy tells lies as if she thinks that we do not have calculators nor basic common sense. Lizzy is a big LIAR!!!!!!!!!!!!!!!!

  8. Does Looney Liz realize that even IF she does not raise Federal taxes on the middle class taxpayers, and only on the rich and corporations etc, that these business owners will raise the cost of their goods and services? Add that raised cost to the additional sales tax that will be placed on those goods and services. Then, the funding will only sustain itself for a couple of years, the system will implode and their will be Medicare-for-none. If you believe Liz’s BS, then I, personally, have a bridge in Brooklyn to sell you.

  9. Some of the radical liberals KNOW warren and many others are lying to them but they don’t care ! The rest of their genetically challenged voters are so brainwashed nothing will change their mind.
    There’s one thing I respect about Liberals: They never compromise on their principals no matter how bad they are.

  10. Who are Warrens advisers? The GDP for 2018 was $20.89 Trillion, remember the GDP is the total amount of goods and services for that year! Warrens $50+ Trillion for healthcare for all is insanity. The USA does not have the medical resources to comply with her plan, imagine how many companies will depart the USA, how many wealthy people will follow. She did NOT think her plan through, it is inept, irresponsible and her advisers are incompetent.
    The USA is already in serious trouble with the $23 Trillion National Debt, unless we control government spending the USA is in serious trouble.
    The U.S. national debt is massive—so massive that most Americans cannot comprehend it, much less solve it. But a crisis is looming, and a day of reckoning that will affect every American is coming.

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

Millennial Leftists Turn on “Privileged” Obama After He Slams Cancel Culture

HuffPost: We’re Killing the Planet With Our Thanksgiving Feasts