Bernie Sanders Proposes <br />Wealth Tax Plan to Help <br />Fund ‘Medicare for All’ The Vermont senator acknowledged that though<br />taxes would still go up for the middle class, many <br />would benefit from paying less overall for healthcare. Sanders’ wealth tax plan would cut the wealth <br />of billionaires in half over 15 years, hitting the <br />richest 180,000 households in the top 0.1%. Economics professors Emmanuel Saez <br />and Gabriel Zucman estimate the plan <br />will raise $4.35 trillion in 10 years. The revenue would also go towards Sanders’ universal child care and affordable housing plans, the latter which is estimated to cost $2.5 trillion over a decade. Bernie Sanders, <br />via 'CNN' The proposal comes after a polling firm associated with Joe Biden had noted the top argument against <br />‘Medicare for All’ is the cost to taxpayers.
