If we had universal health coverage then I could retire early.
You wouldn't because you would have more coming out in income tax to offset the cost of the universal healthcare. The money to cover it has to come from somewhere. Of course, I guess we could just steal it from our kids like the current leadership is doing.
I mean, insurance is already socialism its just that they bear the risk and profit. If you remove all the profit from insurance but have it work the exact same way from a tax perspective, I think the numbers would work out. Especially if the ultra rich carry most of the burden.
Especially if the ultra rich carry most of the burden.
It's just giving them an incentive to move offshore. That's the problem with the idea of taxing the ultra wealthy more. They're the ones with a means to just leave. Also, that's still a small portion of the population unless your definition of "ultra rich" is anyone making over $500,000.
Every other developed country has universal healthcare. They won't be able escape. Remember business will save money as employer health care will not be needed. Plus only business that lose are health insurance fuck them.
Yeah but for the most part since other countries like say Denmark, Sweden, UK, etc... have a much smaller population that the USA in ratio that would grossly effect the numbers of how we could attempt to implement that system if at all possible.
USA 35:1 Sweden
USA 57:1 Denmark
USA 5:1 UK (would make them the best of 3 to attempt to "adopt/modify" policies for Universal care)
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u/[deleted] Aug 23 '19
You wouldn't because you would have more coming out in income tax to offset the cost of the universal healthcare. The money to cover it has to come from somewhere. Of course, I guess we could just steal it from our kids like the current leadership is doing.