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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
LeadershipBernie Sanders

Sanders Says This Is How He’ll Pay For Universal Healthcare

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Michal Addady
Michal Addady
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By
Michal Addady
Michal Addady
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January 17, 2016, 4:45 PM ET
Democratic Presidential Candidates Attend Black & Brown Forum In Iowa
DES MOINES, IA - JANUARY 11: Democratic presidential candidate U.S. Sen. Bernie Sanders (I-VT) speaks during the the Iowa Brown and Black Forum sponsored by FUSION and broadcasted from Drake University on January 11, 2016 in Des Moines, Iowa. The Democratic presidential candidates spoke at the forum in which all candidates have the opportunity to answer concerns of African-Americans and Latinos. (Photo by Joe Raedle/Getty Images)Photograph by Joe Raedle — Getty Images
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Bernie Sanders said he would consider raising taxes on the middle class to fulfill his promises of universal healthcare.

In an interview with TIME, the Vermont senator was asked which one of his proposals would cost taxpayers more. He answered, “I think if we can guarantee healthcare to all people comprehensive healthcare, no deductibles, and if we can cut people’s healthcare bill substantially.”

Many have calculated the cost of Sander’s healthcare proposal to be more than $15 trillion in 10 years, and last month his policy advisor told TIME that it would be possible to ensure single-payer healthcare without raising taxes on the middle class. However, he’s never answer exactly how his administration would pay for it, until now.

Democratic frontrunner Hillary Clinton has previously attacked Sanders for his proposed tax hikes, but he calls that a “distortion of reality.” Though universal healthcare would cost the middle class more in taxes, Sanders aruged that it would be more economical for them in the long run. “If you were paying $10,000 in private healthcare and I said to you, guess what, you ain’t going to pay that $10,000 anymore but you’re going to pay $5,000 more in healthcare premiums, you’d be jumping up and down for joy,” he explained. “You save $5,000 on your healthcare bills.”

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