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Medicare for all seems to be popular amongst the left yet I have seen them make little effort to fully fund Medicare as it is. It is pretty populist to promise goodies but not fund them. How is Medicare for all going to be funded?
$14.4t worth of land taxed at 10% = $1.4 trillion , enough for healthcare that is free at the point of service.
a typical $150,000 home has land worth 1/3 of its price, $50k, which is $5,000 / year for nationalized healthcare.
Now watch the Republicans, rentiers, slumlords, and miscellaneous economic parasites sht a brick.
Why? The cost will be passed on to those renters. Businesses don't pay taxes. People pay taxes. Look for a bunch of strategic foreclosesures by homeowneres if such a scheme were passed.
Medicare for all seems to be popular amongst the left yet I have seen them make little effort to fully fund Medicare as it is. It is pretty populist to promise goodies but not fund them. How is Medicare for all going to be funded?
Medicare as it is, is extremely popular for those that benefit. So if for all, it should be popular for everyone. If it should fly.
It would be paid for with taxes, premiums, co pays and deductibles. Along with a whole bunch of new money created as per texan2yankee.
Aside from funding a war that threatens our nations existence, I see no better reason to create more money.
Of course I am biased. I am a doc that has long since thrived on and enjoyed caring for Medicare patients. And I, my wife, and one of 2 kids are complicated and expensive patients.
Medicare for all seems to be popular amongst the left yet I have seen them make little effort to fully fund Medicare as it is. It is pretty populist to promise goodies but not fund them. How is Medicare for all going to be funded?
It would take a destructive tax scheme.
Quote:
Originally Posted by le roi
flat federal tax on private land
That would require an amendment to the Constitution.
Quote:
Originally Posted by le roi
$14.4t worth of land taxed at 10% = $1.4 trillion , enough for healthcare that is free at the point of service.
a typical $150,000 home has land worth 1/3 of its price, $50k, which is $5,000 / year for nationalized healthcare.
Now watch the Republicans, rentiers, slumlords, and miscellaneous economic parasites sht a brick.
Watch the US go into a major recession, with Millions of permanent job losses.
Medicare as it is, is extremely popular for those that benefit. So if for all, it should be popular for everyone. If it should fly.
It would be paid for with taxes, premiums, co pays and deductibles. Along with a whole bunch of new money created as per texan2yankee.
Aside from funding a war that threatens our nations existence, I see no better reason to create more money.
Of course I am biased. I am a doc that has long since thrived on and enjoyed caring for Medicare patients. And I, my wife, and one of 2 kids are complicated and expensive patients.
My point is that Medicare is woefully underfunded as it is and needs higher taxes just to keep the current system viable.
After a health scare I realize that I, as are most of us, one permanently disabling illness or injury away from having to utilize SSDI and Medicare.
As bad as the economy has been over the last 8 years, you want to push the last of the middle class (who were fortunate enough to have been able to keep their house) right out the door and into the apartment life they worked hard to get out of.
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Krugman said so.
