Sanders’ tax hikes actually might not cost you, but… – CNNMoney

Could the Danish welfare state ever work in the United States?

Bernie Sanders’ tax plan might represent the “largest tax increase in peacetime history,” raising $ 15.3 trillion in new revenue.

But that new tax burden would be more than offset for 95% of U.S. households once the value of Sanders’ proposals for Medicare for All, free public college tuition, long-term care support, paid family leave and expanded Social Security benefits are considered.