Commentary: What High-Tax Europe Really Looks Like

Promises are mounting in the Democratic Party’s primary debates as contenders try to outbid one another on free health care, free public education, or, in the case of Andrew Yang, just free money. Senator Elizabeth Warren plans to make college free in addition to canceling student debt for millions of people at an estimated cost of $1.25 trillion over 10 years. Senator Bernie Sanders’s “Medicare For All” bill would cost $34 trillion dollars over 10 years.

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