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Medicare
NBC
Jerry Luna
James Woods
Bernie Sanders
Americans
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the United States
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The Sanders campaign estimates that a family making $50,000 would pay $844 a year to this premium.Basically, the only similarity the 52% tax rate and $29,000 figures have is that they are both included in a document outlining Sanders’ proposals to pay for Medicare-for-All. This hypothetical 52% tax rate would only apply to families making $10 million or more, not to families making $29,000 or more.Sanders doesn’t say what exactly his tax rate would be for Americans making $29,000 a year--his plans on his website specifically talk about his tax rates for wealthier people--but it’s important to note that the United States already has separate tax brackets.According to multiple debt help and tax help websites, a person or family making $29,000 a year currently has a tax rate of 12%.
As said here by TEGNA