How to pay for Medicare for All

Sanders said that the average employers pay to provide health insurance to their employees is about $12,000. So with that payment gone Sanders would impose a 7.5% tax, or 75% of what they were previously paying, whichever is higher. That means employers would still be paying less that what they were. He also add a wealth tax of 1% on wealth over $21 million. He also proposes adding higher income tax brackets, with income over $10 million at 52%.