A new bill introduced by Sens. Bernie Sanders , Kirsten Gillibrand , and Ed Markey would implement a one-time 60% tax on billionaires to cover the health care costs of every American for a year.
The money generated from this 60% tax would go towards covering out-of-pocket expenses for the uninsured and underinsured for one year. ‘Demanding that billionaires pay their fair share of taxes’The Make Billionaires Pay Act would cover all medical bills, including prescription drugs and coronavirus-related expenses, over the next 12 months with the tax staying in effect until January 1, 2021.
In that same period of time, over 5 million Americans have lost their employer-sponsored health care. And although President Trump pledged to reimburse hospitals for any coronavirus-related expenses for the uninsured, that still leaves non-coronavirus expenditures that could add up.
See when a socialist says I’m going to tax the billionaires what he forgets to tell you is they just simply move out of the country then who is he going to text to get that money you and me and he’s going to then handed out as though he is a king with your checkbook
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