Article snippet: It’s the multitrillion dollar question everyone is trying to answer, including Sen. MORE (D-Mass.): How do you pay for “Medicare for All,” a proposal that would dramatically reshape the entire U.S. health care system? Warren, a Democratic candidate for president, says she will soon release a plan to pay for Medicare for All after facing criticism for evading questions about the proposal's potential tax implications for the middle class. But while any plan to pay for Medicare for All would likely require a middle class tax increase, experts say, the issue of funding is complex and would also need a slew of other revenue options as well. “We’re talking about a very substantial increase in revenues,” said Linda Blumberg of the Urban Institute, which recently released a cost estimate for a Medicare for All-style plan. “With that large of an increase in revenue needed, my guess is a mix of different revenue sources would be looked at,” she added. Blumberg specifically mentioned income tax increases; value-added taxes, which are popular in European countries; and other taxes to recapture what households and employers had already been spending on health care under the current system. Warren has struggled to answer questions about how she would pay for Medicare for All. There are disagreements about how much the single-payer system would cost, which make it difficult to figure out how to pay for it. While the Urban Institute estimated in a report released earlier this mo... Link to the full article to read more