At a recent CNN town hall debate between Senators Bernie Sanders and Ted Cruz, Expert Series Guest, Jacob Kirkegaard questioned the viability of Senator Sanders’ proposals to tax like a Scandinavian country as a way to pay for increased social programs. https://piie.com/experts/peterson-perspectives/can-us-spend-denmark-without-taxing-it

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Paul Krake
Paul Krake

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Denmark's model gets applause from those who view it as the poster child of what a liberal social model looks like. However, as Jacob outlines, free healthcare, childcare, education does have to get paid for and the question is whether the American populist will accept this higher tax burden. I doubt it. Bernie Sanders does not. At less than five minutes, it great.



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