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It would be paid for with taxes, premiums, co pays and deductibles.
That's already how it's paid for now, only people have to pay Medicare taxes for decades before they're eligible for benefits. Would that same requirement apply?
They voted for higher taxes, so they can afford it.
I don't think they voted for higher taxes. They voted for "free healthcare" for themselves, so they thought. Joke's on them! They will end up paying for their naivety....boy will they end up paying and paying and paying.
That's already how it's paid for now, only people have to pay Medicare taxes for decades before they're eligible for benefits. Would that same requirement apply?
It is for we the people to decide. How much the individual should bear in taxes, fees, premiums, co pays and deductibles. Versus how much new money/debt to create.
There is not enough money in existence today to pay for our HC needs 100 years from now. So some money will need to be created.
It is for we the people to decide. How much the individual should bear in taxes, fees, premiums, co pays and deductibles.
You suggested paying for a huge increase in Medicare participants via the way Medicare is already funded, but didn't explain how the newly enrolled would make up for the decades worth of Medicare taxes they didn't pay before eligibility for benefits.
You suggested paying for a huge increase in Medicare participants via the way Medicare is already funded, but didn't explain how the newly enrolled would make up for the decades worth of Medicare taxes they didn't pay before eligibility for benefits.
I sure did.
We the people decide on premiums, fees, co pays and deductibles of each person. We the people decide how much in central supports for each person.
Central supports come from Federal taxes, fees and fines. Plus any new money creation.
Younger entrants won't have near the HC risks or costs as our seniors.
The GOP solution. Tax the cohort with the least amount of wealth, in order to spare the cohort with the most amount of wealth.
That's why that party lost the past two elections, and it is why they will lose the upcoming election. They are the party of the rentier class. The "low tax party" that wants to increase taxes on wage-earners.
Oh, HELL no. I own two homes, both in high land value areas. On one, the assessed land value is 43% of the home's FMV, and on the other the assessed land value is 79% of the home's FMV. A 10% tax on private land would cost me over $110,000/year.
No, no, a million times NO!!!
Right, see you're the perfect candidate to be taxed higher.
If the structure value is less than the land value, then you own land that is not utilized as its best use. Increasing your tax rate would encourage more economically-productive use of the land, which is good for the economy.
You would be encouraged to sell it, someone more competent would buy it and tear down the shack you're living in, and put up a multi-unit structure. AND everyone in America gets healthcare. Everyone wins but you, it's perfect.
Only in the minds of those who can't conceive of a non-destructive tax scheme. .
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Originally Posted by Mircea
That would require an amendment to the Constitution.
Both rent and owner-equivalent rent are income. Taxes are allowed on income from whatever source derived.
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Originally Posted by Mircea
Watch the US go into a major recession, with Millions of permanent job losses.
LOL! All that would actually have to happen first before anyone could watch it. Meanwhile, Medicare has been around since 1965. It has been successful beyond the expectations of anyone at the time, and this while focusing on a population thought to experience higher than average health care costs. Considering the savings on the other side of the ledger, the thought of Medicare for all is hardly a far-fetched one.
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They will end up paying for their naivety....boy will they end up paying and paying and paying.
