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re: Did everyone's Blue Cross-Blue Shield premiums go up for 2021?

Posted on 10/4/20 at 12:50 am to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69469 posts
Posted on 10/4/20 at 12:50 am to
quote:

Imagine blaming poor people while the US wastes an ungodly amount of money on wars and defense spending and certain billionaires only pay very little in taxes in 16/17. You people are so fricking brain dead.
you really need to learn some math.

a national healthcare spending would cost around 34 trillion each decade. to put things in perspective, that alone is about equal to the current TOTAL COST OF the federal govt over the next decade! in other words, we would be DOUBLING the budget. it would be an unfathomable increase in required new tax revenue.

left leaning vox.com on the huge tax increases that would be required to pay for national healthcare

quote:

Paying for the $34 trillion would require nearly doubling federal tax revenues. Let’s examine three paths using data from CBO’s menu of budget savings:

What about just taxing corporations and rich families? Raising the final $34 trillion would require seizing roughly 100 percent of all corporate profits as well as 100 percent of all family wage income and pass-through business income above the thresholds of $90,000 (single) or $150,000 (married), and absurdly assuming they all continue working. (This calculation refers to individual income, not investment income.)
How about a European-style value-added tax (VAT), which is basically a national sales tax? A rate of 87 percent would be needed to collect $34 trillion under the American tax base.
What about payroll taxes? Lawmakers would need to create a new 37 percent payroll tax, on top of the existing 15.3 percent payroll tax, in order to collect $34 trillion.



swank, my friend, my dude.....america spends 800 billion a year on military.

even if we literally cut military spending to zero, meaning we fire every soldier, sailor, marine, etc, and disband every unit, tear down every military building and research center, disband every ship and plane, etc..... those savings would amount to less than 25% of the needed increase in revenue to pay for national healthcare.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18962 posts
Posted on 10/4/20 at 10:20 am to
quote:

What about just taxing corporations and rich families? Raising the final $34 trillion would require seizing roughly 100 percent of all corporate profits as well as 100 percent of all family wage income and pass-through business income above the thresholds of $90,000 (single) or $150,000 (married), and absurdly assuming they all continue working. (This calculation refers to individual income, not investment income.)
How about a European-style value-added tax (VAT), which is basically a national sales tax? A rate of 87 percent would be needed to collect $34 trillion under the American tax base.


Stop. The liberals can only get so hard. These ideas are pure porn to them.
Posted by dawgfan24348
Member since Oct 2011
49428 posts
Posted on 10/5/20 at 4:53 pm to
quote:

a national healthcare spending would cost around 34 trillion each decade.

So less than our current one? What a shite article that ignores the insane price of our current broken system and fear mongers about UHC
LINK
Posted by PUB
New Orleans
Member since Sep 2017
18381 posts
Posted on 10/5/20 at 5:06 pm to
Trillion wasted on Afghanistan???
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