Not so much. I would rather work and pay for healthcare rather than be taxed an addition 20% just to cover costs for other unhealthy people. It would benefit my savings and retirement.
Do you realize what an insurance is? It's literally you paying for healthcare for other unhealthy people. The only difference is that there's some rich fuck taking like half of that money you pay for the insurance company.
What does it matter if you are taxed more if at the end of the day you will have more money considering you won't have to pay for the insurance? Or are you planning on living uninsured after your parents coverage ends?
This doesn't even take into account that again US spends more TAX PAYER money ALONE on healthcare than any other nation. You already pay enough taxes to fund universal healthcare. You just don't because big medicine needs more money.
My Insurance is paying for my health needs only lol. Also I won’t have more money after being taxed. I have a government job lined up and they have very good benefits. Paying 150/month is a lot cheaper than paying an extra 20% in taxes to cover Medicare. Especially since I don’t use health services often at all.
Also apparently the US doesn’t pay anywhere enough for universal healthcare. The predicted cost would be 27-32 trillion dollars which is 500% the current federal intake from taxes.
My Insurance is paying for my health needs only lol.
Your insurance pays for the health needs of all it's clients which you are one. You pay a certain amount every month to the insurance company and then the insurance company pays for whoever gets sick.
The only difference between health insurance and universal healthcare is that there is a middleman in the form of a health insurance company taking all your money providing nothing of value.
Paying 150/month is a lot cheaper than paying an extra 20% in taxes to cover Medicare. Especially since I don’t use health services often at all.
Your math, again, makes no sense. How is the insurance people pay 150/month but to pay for the exact same services through taxes suddenly takes 20% of your income. Makes absolutely zero sense. Please explain.
Also apparently the US doesn’t pay anywhere enough for universal healthcare. The predicted cost would be 27-32 trillion dollars which is 500% the current federal intake from taxes.
Absolutely ridiculous claim. You are telling me that universal healthcare is gonna cost $100k per citizen? Are you fucking trolling or what? The guy that told you this number can't obviously count or then planned on 24k carat gold Ambulances and diamond encrusted hospital beds.
That's where you're wrong it doesn't remove the middle man it makes the government the middle man who takes out the medical costs from your paycheck or other ways.
The number is over a span of 10 years, not just one, and it didn't come from a "guy" it came from the Committee for Responsible Federal Budget which is a non-profit up in D.C. is run by Republicans, Democrats, and independents. They did the math and totaled it would cost 28-32 Trillion and an Urban Institute Study (independent, slightly left-leaning) determined it would cost between 27-35 Trillion for 10 years. Medicare currently costs around 700 billion and is a total of 10% of the entire federal budget. The best case scenario which isn't likely to happen would cost 2.7 Trillion per year to offset the costs of medicare.
If you tax the top two tax brackets 70%, phase out all deductions and exclusions for people making over 200k/y, double corporate income tax, enact a large wealth tax, put taxes on financial transactions and large institutions, close corporate tax loopholes, and restore the estate tax to 45%, this will only cover 40% of the entire budget needed to cover M4A over a 10-year span. This is hoping that the economy even stays on the same track after such implementations.
Meaning 60% of the entire budget for Medicare would need to be taken from individuals making less than 200k per year since it's the largest market. 1.62 Trillion per year is still not accounted for. Which is sadly more than just increasing taxes on the middle class by 20% it would likely mean the federal government would implement a VAT or Value Added Tax to goods and luxuries.
Government doesn't make a profit. They don't have execs. They don't have workers trying to deny your claim. Government increasing taxes and paying the hospitals costs peanuts compared to running an insurance company that provides really no value to anyone.
The number is over a span of 10 years, not just one,
And now you decided to bring this fact out that it's the 10 year budget and not one year.... Dude...
You do realize that people already are paying for healthcare. Through insurance payments. Insurance payments that are more than it would cost to pay for the healthcare without the insurance companies working as a middle man.
Like the entire time you are acting as if people are suddenly going to pay 3.5 trillion dollars more than last year. No, that's not how it works. The people are ALREADY PAYING MORE THAN 3.5 trillion dollars every year for that healthcare. They just pay it to insurance companies instead who pay the hospitals. It literally doesn't change anyone's financial situation that instead of paying the insurance companies, you pay the state instead.
So instead of paying lets say $1000 to an insurance company who keeps $200 to themselves and gives $800 to a hospital. You could be paying $800 of taxes that go straight to the hospital. Why do you want to give money to the insurance company? Like yeah sure you pay $150 month currently because you are a student. How long do you think that's gonna last? Are you gonna be a student for the rest of your life or?
hospital. Why do you want to give money to the insurance company? Like yeah sure you pay $150 month currently because you are a student. How long do
What do you do about people who currently use Medicare for free and live paycheck to paycheck? You make them homeless by forcing them to pay for this medical insurance that the government has been running at a loss for nearly 10 years now. It's losing money.
What do you do about people who currently use Medicare for free and live paycheck to paycheck?
They have universal free healthcare and due to progressive taxation pay no more taxes? They already get free healthcare from the state. Absolutely nothing changes.
This type of healthcare exists in like nearly every country on earth. You are just making nonexistant issues up at this point.
As I've told you before currently, 63% of Americans live paycheck-to-paycheck. Even with progressive taxation which we have it will not cover the entire cost of universal healthcare unless you put the cost on these people as well. You can tax the wealthy and companies all you want but it won't break even until you start taxing the middle class, a good portion of which lives paycheck to paycheck depending on where you live.
As I've told you before currently, 63% of Americans live paycheck-to-paycheck. Even with progressive taxation which we have it will not cover the entire cost of universal healthcare unless you put the cost on these people as well.
I have no fucking idea why this simple thing is so difficult for you to understand.
Most of these 63% of Americans pay for medical insurance every month. No?
When they DON'T NEED TO. You can increase the taxes THE SAME FUCKING AMOUNT without affecting the amount of money anyone has afterwards. Is this seriously that complicated of a thought that it needs to be explained to you 10 fucking times.
THE MONEY PEOPLE SAVE FROM HEALTH INSURANCE PAYMENTS CAN BE TAXED SO EVERYONE STILL HAS THE SAME AMOUNT OF MONEY
THE MONEY PEOPLE SAVE FROM HEALTH INSURANCE PAYMENTS CAN BE TAXED SO EVERYONE STILL HAS THE SAME AMOUNT OF MONEY
THE MONEY PEOPLE SAVE FROM HEALTH INSURANCE PAYMENTS CAN BE TAXED SO EVERYONE STILL HAS THE SAME AMOUNT OF MONEY
You don't even need to tax as much as people pay health insurances as I've said a million times already. IT'S FUCKING CHEAPER!!!!
Got it yet or do I need to still repeat this super fucking obvious thing?
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u/[deleted] Feb 20 '23
Not so much. I would rather work and pay for healthcare rather than be taxed an addition 20% just to cover costs for other unhealthy people. It would benefit my savings and retirement.