How Comrade Sanders' Single Payer Plan Will Cause You to Lose Your Health Insurance At Work

Lifezette reports on the new socialist scheme by Comrade Sanders and the Democrat party:

How does Sanders plan to pay for Medicare for everyone when it is expected to cost the country trillions of dollars? The Vermont senator gave precious few details in the bill itself, although he attempted to compensate for this by releasing supplementary details. In order to pay for every American to enjoy government-backed health care, Sanders recommended a sweeping tax hike.

"[Sanders is] saying to finance this proposal, he's proposing a 7.5 percent payroll tax on employers. He's also proposing a 4 percent, income-based premium tax on all Americans," Dr. Robert E. Moffit, a senior fellow in The Heritage Foundation's Center for Health Policy Studies, told LifeZette. "He wants to eliminate entirely all of the tax breaks for employer-sponsored health insurance. And he has a big long list of new taxes on upper-income people, the wealthy corporations, and large financial institutions."

"It's going to be financed by new and really openly heavy federal taxation. That's what they've said," Moffit added.

Comrade Sanders has plans for you!