Bernie Sanders recently released his Medicare For All plan……Which is an entire 8-page whitepaper that as far as I'm concerned opens up more questions than it answers.
Trying to find more information on the policy, I stumbled upon HR 676, found here:
Upon reading it, it would appear that this is the inspiration behind Bernie Sanders Medicare For All. There are a few discrepancies, but those discrepancies might just be talking points that Sanders has not brought light to yet.
Upon reading HR 676, I found something that scares me and opens up one *HUGE* question I've got on Sander's Medicare For All. In HR 676, freelancers, self-employed individuals and everyone filing tax form 1099 would have to pay the 2.2 individual tax increase, as well as the 6.2 employer tax increase.
So, does Sanders plan mimic HR 676 when it comes to self-employed individuals? Will have freelancers be taxed an additional 8.4%?
Bernie Sanders has not commented on this, as far as I can tell. I have not seen any resources on it, any media coverage or any rhetoric at all. Google brings up nothing on the matter.
This is a question that every freelancer should be concerned about. Many freelancers are doing great, wonderful even. There are many more that are just sneaking by on each job. For those that are just getting by, this could break them.
If anyone has any information on this, I would love to know. This really concerns me.