Tuesday, January 19, 2016

Steve's barking; Are those who claim that health care is a large tax increase on the middle class are math challenged

Let's assume that some sort of single payer or a single payee health care system came in to existence in the good old US of A. Now of cause some sort of taxes would have to be raised to pay for it.
What's not discussed is the taxes that one would not have to pay the states to pay for the health care system that is currently in place. Currently a state like the Empire State pays between 30 to 33 percent of it's budget on health care. Most states in the union pay over 25 percent of their budget on health care, not counting what counties and municipalities pay for their share of health care.
Now how do these entities pay for health care? I do believe it's a thing called taxes.
And what about Medicare taxes that would not needed to be collected.

How to pay for a health care system. Let's say we spread it out. Having an extra couple of percentages on capital gains. Maybe putting a percentage or two on estate taxes. An extra custom tax on companies that moved out of the U.S. Now the perhaps the goods were made in America, doesn't matter, custom tax them anyway.

If one adds it all together the middle class may not pay that much more in taxes then their paying now.
Those who are against single payer or payee using the argument that middle class taxes must go up, may just be math challenged.

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