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Aha. And now you understand why we don’t have universal healthcare, crumbling infrastructure, and so much cash in the hands of the wealthy that interest rates
by aj7 6y ago
Aha. And now you understand why we don’t have universal healthcare, crumbling infrastructure, and so much cash in the hands of the wealthy that interest rates are near zero.
- mullen 6y agoI would like to point out that Universal Healthcare would be funded by a separate tax and probably would not come out of Income Taxes.
- jermaustin1 6y agoI believe this is how the UK does it as well. You pay income tax, then you pay your NHS fee.
- aphexairlines 6y agothe NHS is mostly funded from general taxation https://www.kingsfund.org.uk/projects/nhs-in-a-nutshell/how-nhs-funded https://www.kingsfund.org.uk/projects/nhs-in-a-nutshell/how-...
- mattlondon 6y agoWe pay a "national insurance" tax in addition to income tax, but this is mainly to cover the state pension from what I understand and maternity allowance etc. As I understand it, NHS comes from general taxation. Obviously there is no actual "fee" to use the NHS at the point of use - it is all free apart from prescriptions which are the same price regardless of what you get (and you might get it for free anyway depending on your circumstances)
- nbaksalyar 6y agoPrescriptions are also completely free in Scotland. Same for Wales and Northern Ireland, as far as I know.
- caymanjim 6y agoThis is sorta already how it is in the US. While we obviously don't have universal healthcare, or a national pension, we do have Medicare/Medicaid and Social Security. These are separate than income tax. On your pay stub, it's the FICA ("Federal Insurance Contributions Act") deduction. There is also a smaller separate supplemental Medicare-specific tax. Federal income tax is a separate deduction.
- aj7 6y agoWait till COBRA runs out, friend.
- aj7 6y agoI.e. so it can be properly regressive, right?
- balls187 6y agoThe US Government is projected to make 3.8T for 2021. Isn't that enough to fund the programs you are speaking of? https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762 https://www.thebalance.com/current-u-s-federal-government-ta...
- deleted 6y ago[deleted]