Now that Bernie Sanders has routed Hillary Clinton by 22 points in New Hampshire, the American people might be curious to learn more about some of his specific policy proposals, starting with his tax plan. The nonpartisan Tax Foundation has scored Sanders’s plan and has found it would cause the after-tax incomes of those in the middle of the income spectrum—those with incomes between the 40th and 60th percentiles—to drop by between 16.3 and 17 percent. In other words, Sanders’s tax plan would reduce the typical American’s income by a sixth.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.