Backward Millennial Children Who Back Bernie Want Free Stuff. They Just Don’t Want to Pay for it.
We have chronicled the stunning ignorance of millennials repeatedly here at teriobrien.com. As I stated, “They’ve got lots of opinions, but when it comes to facts, knowledge and critical thinking skills, millennials come up very short.” (More of that post here.)
And naturally, this group are the most enthusiastic in their support for avowed socialist Sen. Bernie Sanders. Apparently–shocking, I know–though, the youngsters don’t really understand what Crazy Bernie has in mind. They think he just wants to give them free health care, free tuition and lots of other free goodies. Uh, Kids, not exactly.
From the Independent Journal:
Nearly 7 million Americans have already cast a primary ballot for Vermont Senator Bernie Sanders in the 2016 Democratic presidential primary, hoping, in part, that the self-professed socialist would make their lives easier with programs like near-universal healthcare and free college for all students.
The only catch is that they want someone else to foot the bill for everything.
Vox recently conducted a study ,with the help of the polling firm Morning Consult, to determine how much more supporters of the Vermont Senator would be willing to pay in taxes in order to enact his healthcare and college proposals.
The study found that more than half of all supporters would not be willing to pay more than $1,000 annually for his “Medicare-for-All” healthcare, or $1,500 for free college.
Ruh roh. Wait…there’s more:
Perhaps it is also that many of Sanders’ supporters are unaware of the minute details behind his proposed tax plan, which would call for extraordinary increases in the federal tax rate to pay for all of his government-sponsored programs.
Sanders’ plan for “Medicare-for-All” would increase taxes for most voters by at least $1,000 per year. That’s because the proposed program would include:
- A 2.2% surcharge on individual incomes; and
- A new 6.2% tax on earnings (paid for by workers but likely to be passed onto workers over time in the former of lower wages).
As a result, some analysts have concluded that the Vermont Senator’s plan will end up costing Americans nearly double what his campaign estimates it will — and that is with the average American household on the hook for an additional $4,692 in federal taxes under a President Sanders next year.