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Berniecare Would be Worse Than Obamacare

Berniecare Would be Worse Than Obamacare

Is everyone ready for a 52 percent income tax rate?

https://youtu.be/kI25q9wWqmI

Bernie Sanders has been pushing his “Medicare for all” plan lately and lots of Democrats are jumping on board. Bernie and his allies even claim it will save money. If you don’t believe them, you’re not alone. In fact, the cost would be enormous.

John Kartch writes at Americans for Tax Reform:

Bernie Calls For 52% Tax Rate for Government Healthcare

Sen. Bernie Sanders is once again calling for extreme tax hikes to pay for his plans, this time for a government-run single payer health care system. The plan will come in at a cost of $1.38 trillion per year and will impose across the board tax hikes, including:

-An income tax rate of 52%

-Taxing ALL capital gains as ordinary income, meaning the current top capital gains rate of 23.8% would jump to 52%

-Massive hike in the Death Tax

-American families making as little as $28,900 per year will face a 2.2 percent tax on their income

-A $630 billion tax hike aimed at employers, which will just end up hitting workers

-Sanders also calls for more tax complexity and more tax brackets: 37%, 43%, 48% and of course the 52%

Bernie was recently asked by Chuck Todd how the plan will be paid for but he didn’t mention anything about a 52 percent tax rate:

Cost isn’t the only problem. Adopting a plan like Bernie’s would bring other negative consequences, such as a lack of choices and doctor shortages.

Ross Marchand writes at The Hill:

Single-payer promises consumers, taxpayers a world of pain

Sen. Bernie Sanders (I-Vt.), a longstanding advocate of taxpayer-funded medicine, finally released his single-payer bill last week to much fanfare from his liberal supporters. The rabid show of support by the grassroots left shows that old ideas truly die-hard. Back during the 2016 Democratic primaries, experts from across the ideological spectrum criticized the Senator’s plan as too costly and unworkable in practice.

With large required payment cuts to hospitals and physicians and tax hikes on the working class, it’s little wonder why support can’t and won’t expand beyond Bernie’s base.

The problem with single-payer goes far beyond the gargantuan price tag. If the federal government were emboldened as the sole national insurer, it would likely cut medical reimbursement rates in a bid to cut costs. In other words, the government would not be able to pay doctors nearly as much as they enjoy under private insurance schemes.

Faced with severe salary and revenue cuts, many practices would need to close and “insured” individuals would be left with far fewer options. And this isn’t mere armchair theorizing. As we’ve seen in the real world, low federal reimbursement rates (under Medicaid) mean low patient acceptance rates by physicians. This, along with several other unsavory features of federal insurance, leaves Medicaid patients in no better health than before obtaining insurance.

If you thought Obamacare was bad, you ain’t seen nothing yet.

Featured image via YouTube.

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Comments

Dumb-o-crats, circa 2009:

“We need to pass Obamacare in order to remedy all of the [alleged] flaws in the U.S. healthcare system.”

Dumb-o-crats, circa 2017:

“We need to pass ‘Medicare for All’ (aka, “Berniecare”) in order to remedy all of the flaws and onerous effects of Obamacare.”

————–

Say this about socialism — it is a self-perpetuating ideology, if ever there was one — inasmuch as its inevitable policy failures ensure its continuity, as the apparatchiks perpetually offer up yet another alleged panacea to “solve” the problems that their previously-enacted, ill-conceived statist conceits created in the first place.

As much as it pains me to concede it, there is some kind of nefarious, underlying genius to this. As sure as the day is long, we continually get utterly worthless apparatchik-demagogues who’ve never accomplished anything of worth in the private sector, such as Comrade Sanders, Chief Dropping Bull Warren, Harridan Kamela Harris, Obama and their ilk, presenting themselves as allegedly sagacious and benevolent policy experts, unabashed strutting about proposing trillion-dollar statist fantasies that represent sheer lunacy and socioeconomic stupidity.

Medicare and medicaid are subsidized by higher rates for private insurance. Without private insurance to pay $40 for an aspirin in the ER, how much would care cost? Well this might be the solution to “the fight for $15” as the good nanny state would mandate that as the compensation for doctors and lower rates for PA’s, RN and other “healthcare workers”. And remember, if England’s healthcare “system” is the model, private care will be ILLEGAL. So doctors and other HCW will be SLAVES to the good nanny state. And then there will be the rationing. Initially it will probably be cutting off care at some arbitrary age. So, the films “1984”, “Logan’s Run” and “Soylent Green” will be the TRAINING MANUALS for the future. “Groupthink” is well under way.

    snipelee in reply to Fiftycaltx. | September 26, 2017 at 6:52 pm

    “And remember, if England’s healthcare “system” is the model, private care will be ILLEGAL.” Not true. Anyone with the means has a private healthcare policy. The issue is that NHS becomes the dumping ground for the poor and for expensive treatments – since they are “free”.

And we’ll be paying for healthcare for everyone, regardless of citizenship or immigration status, in all likelihood. (And yes, the next paragraph goes on to say that there would be rules “inhibiting travel and immigration to the United States for the sole purpose of obtaining health care services.” I’m sure those will be as effective as some would have our border controls. “Think about the children!”)

12 SEC. 102. UNIVERSAL ENTITLEMENT.
(a) IN GENERAL.—Every individual who is a resident of the United States is entitled to benefits for health care services under this Act. The Secretary shall promulgate a rule that provides criteria for determining residency for eligibility purposes under this Act.

ObamaCare was designed to fail so that single payer would seem appealing. It would be interesting to also calculate the lost jobs across the healthcare and insurance industry and the impact to the overall economy.

That 1.38 Trillion per year is laughably low… CA alone would be right around 500 billion!!!

Well since a lot of clinics don’t take patients on medicare, I know exactly what that means.

Since roughly half the country pays no (or negative) income tax, the higher taxes won’t be a detriment. Only the 1%ers would be impacted. Remember, there is no sacrifice too great for you to make for me.

This limo-liberal putz – he has a little more executive experience than obama (he was elected mayor of Burlington, population 42,417.)

Any idea coming outta this guy’s pinko brain is with worth even less than an idea coming out of obama’s pea-brain.

The priority should be to control the costs in order to ensure affordable medical care. The priority should be to mitigate diversity (e.g. racism) and violence (e.g. elective abortions including murders, assaults, rape-rapes) in order to ensure conditions that engender availability. The priority should not be establishment of monopolies (e.g. single-payer) and other anti-capitalist/market measures that are known first-order forcings of catastrophic anthropogenic economic misalignments.

Revitalization. Reconciliation. Rehabilitation.

Single payer, but won’t address cost, eh? How utterly liberal.

Bernie needs to do a study. He should take a credit card and immediately start buying shit left and right, high dollar stuff, whatever catches his eye, and pay no attention to the bill he’s running up. When his credit card bill arrives we can sit down with him and explain how reality works.

Well, of course he dodges questions about the cost. The Federal government hasn’t been able to pay all its bills since 1958. Why start now?

I’m not saying this is a good idea; I’m postulating that it’s how a good socialist thinks.

What, Beanie Bernie again? Haven’t people figured out yet that he is completely and absolutely INSANE?

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