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re: here are the taxes potentially required for medicare for all to be fully funded

Posted on 10/28/19 at 10:49 pm to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69354 posts
Posted on 10/28/19 at 10:49 pm to
quote:

Is any of that ridiculously inflated propaganda based on numbers actually seen by any other nation which has a national health? Of course not.
european nations spend about 60% of what we do on health care, so your comparison is apples to oranges.

It isn't that hard to put a general price tag on medicare for all. You use medicare payment rates, estimate how much and what kind of care would be consumed each year by Americans, and calculate the price tag. After you get the price tag, you can then determine the taxes required.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89613 posts
Posted on 11/1/19 at 2:54 pm to
quote:

You use medicare payment rates, estimate how much and what kind of care would be consumed each year by Americans, and calculate the price tag.


You don't have to do that, even. Calculate U.S. spending on healthcare. That's how much you need.

You're already collecting Medicare taxes and spending public money on Medicaid - take those totals and deduct them from the "how much you need" number. That is how much taxes will have to go up.

I won't bore you with the math, but it's a shite TON. Trillions and trillions.
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