this is a pretty bias article. There is no reason you should do the math over 10 years. That is basically a random number since presidency is only in 4s.
Also it should be noted that 19.6 trillion in 10 years is less than 2 trillion a year, about $6 a person increase but it isn't coming from people. With that increase we get literally free health care (like the rest of the world). Healthcare for me as a healthy individual is closer to $1000 a year than $6 so each person has a lot more money in their pocket. Sanders plan also does not involve any change in income taxes if you make less that 2.5 million too. He also plans to close a lot of loopholes so taxes can't be evade by companies which is great.
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Also, you can't say something is "literally free" when people have to literally pay for it. Nothing is free, my friend.
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Over ten years is how almost all big budget/policy proposals are scored, Jay. You must be new to politics. That's ok, I wondered about that too, but economists know that you have to score these items for at least ten years to get a better understanding of real costs and returns. Also, a huge overhaul like the ones Mr Sanders proposes would take years to implement, it's not like flipping on a light switch.
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It is very deceptive since most people are concerned about yearly totals not decade long ones. The title of the link is really bias because it doesn't mention over 10 years at all. My point is still valid. It is a very small amount of money per year, most of which is not coming from people and some of the taxes are as small as .05%. They rely on the ridiculous size of the U.S. economy. The healthcare would be literally free up front and nearly free overall, since it would dramatically reduce paperwork and the odd labor costs associated with it. Single payer healthcare is super efficient over what we have today. My points still stand through nit-picking.
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Also, you can't say healthcare would be"literally free" after also acknowledging the 2 trillion dollars in new tax revenue.....
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Edited by Kohaku Koi: 1/21/2016 11:03:02 PMYou think 2 trillion a year is a "small amount"?!?! That's 2/3 of the entire revenue for the entire country.
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It is also worthy noting that several of these taxes are taking the place of others so it isn't even a net 19.6 over 10 years. It is much lower.