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Burman weighs in on plan for funding Medicare for all in Washington Examiner

November 19, 2019

Washington Examiner

Leonard Burman

Leonard Burman

Leonard Burman, Paul Volcker Chair in Behavioral Economics, was interviewed for the Washington Examiner article "Warren 'Medicare for all' plan would give an advantage to companies that stay below 50 employees." The major problem entailed by the provision is that it would not be just a marginal tax on the 50th employee, but instead would apply to all previously hired employees. "If you hit the 50-employee threshold, then all of a sudden you’re hit with like a $500,000 tax," said Burman. "That 50th employee would have to be a really great employee to justify hiring them!" 11/19/19

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