EDITORIAL: Warren’s virtue tax: Loopy Medicare for All math punishes states and businesses for health care generosity
While a majority of Americans support the idea of a public insurance option, many oppose abolishing private insurance. A gradual process would give Americans time to swallow the medicine (or poison, depending on one's perspective).
The same can't be said for Warren's single-payer financing plan. Warren, it seems, is so desperate to avoid angering centrists by raising middle-class taxes to fund the (we think under-estimated)
The sacrificial lambs? Not just billionaires and corporations, who arguably should pay more. She'd also require state and local governments to lock in current spending on Medicaid and health benefits and hand those funds over to the feds.
As former Daily Newser Bill Hammond, now a health-policy wonk, notes, that would punish states like
Antagonizing states and businesses already doing right by people is bad policy, and bad politics.
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