Why can’t single-payer and private insurance co-exist? (user search)
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  Why can’t single-payer and private insurance co-exist? (search mode)
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Author Topic: Why can’t single-payer and private insurance co-exist?  (Read 3535 times)
Kingpoleon
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Posts: 22,144
United States


« on: November 07, 2019, 09:39:45 AM »

A single-payer system would destroy 200,000 jobs, nearly double the federal expenditures (+$2 trillion), and force a million men, women, and children who like their doctor to change their doctor. To pay for it? You would need a wealth tax of 30-40% on those worth over $1 billion. That means if we arrested all the billionaires in the country, seized and sold all their assets at real value somehow, we would have the funds to pay for single-payer healthcare for 3, maybe 3 and a half years.
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Kingpoleon
Atlas Star
*****
Posts: 22,144
United States


« Reply #1 on: November 08, 2019, 06:41:33 PM »

Not everyone who supports universal public coverage buys into the creative fiction that we can do it on the backs of a few dozen billionaires.

Not everyone who supports universal public coverage shares the attitude of Liz Warren liberals that asking the middle class to share in the cost of a substantial new benefit is unreasonable.

Not everyone has been duped into believing that households well into six figures should be treated as hard-strapped folks of whom we must never ask for a penny more in taxes.

Very well. If you doubled the tax brackets of those making above $100,000, that would generate enough revenue to pay for it. Realistically, however, that would raise taxes on many people, ranging from one in four to one in five households, depending on the estimates.
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