SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lane3 who wrote (4066)2/2/2008 4:15:00 PM
From: Joe NYC  Read Replies (1) of 42652
 
Lane,

OK. I assumed that those who pay no income tax would be a reasonable proxy for those who would end up getting free coverage. If you can't contribute to the general fund, you would most likely to be on the receiving end of free coverage were coverage made universal and tiered. No?

The countries that have government type, single payer health plans don't give a free ride to people at the very bottom. These countries have heavy taxation that hits the poorest people (unlike the US).

These taxes are in form of payroll taxes (regardless of whether they are visible or not visible - employer paid) and in form of consumption (value added) taxes.

Value added taxes are around 20% in most of Europe. Payroll taxes vary widely, and are higher than payroll taxes in the US. Portion of the payroll taxes is actually specially designed to pay for health care. And, BTW, these payroll taxes are not "progressive" as income taxes.

Joe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext