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News > World

If Bernie Sanders Were President, Majority in US Would Benefit

  • U.S. Democratic presidential candidate Bernie Sanders reacts to cheering supporters during a campaign rally in Sacramento, California.

    U.S. Democratic presidential candidate Bernie Sanders reacts to cheering supporters during a campaign rally in Sacramento, California. | Photo: Reuters

Published 10 May 2016
Opinion

The majority of people would benefit financially from Democratic presidential candidate Bernie Sanders’ policy plans.

According to a study released Monday by the nonpartisan Urban-Brookings Tax Policy Center, most households would see net benefits under U.S. presidential candidate Bernie Sanders’ proposals.

ANALYSIS:
Keeping Bernie Honest: Support for Sanders Has to Be Critical

Among Sanders’ proposed programs are single-payer health care, the expansion of social security benefits, free college tuition at public universities and paid family leave. He has said these programs will be funded through tax changes for individuals and businesses.

The report stipulates the average tax burden would increase by around US$9,000 in 2017 but the average amount of benefits would increase by a net income gain of almost US$4,300.

Only those belonging to wealthy households would not see net income gains.

The Urban-Brookings Tax Policy Center said that this is the most progressive proposal they have ever seen.

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