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Isn't that what your employer would pay on health insurance in any case? Speaking as a French person, 15% of my pre-income-tax salary sounds close to what I pa
by PoignardAzur 5y ago
Isn't that what your employer would pay on health insurance in any case?
Speaking as a French person, 15% of my pre-income-tax salary sounds close to what I pay for state-sponsored healthcare (I pay more than that, but it includes retirement contributions and stuff).
- onion2k 5y agoIsn't that what your employer would pay on health insurance in any case? In the case of the UK where I live, approximately 20% of all government spending goes on healthcare. Taxes on businesses, retail sales, house sales, wealth, capital gains, etc all contribute to the cost of healthcare, not just income taxes. That means a lot less than 15% of anyone's individual tax is spent on it.
- soapp 5y agothe trick, of course, is that your 15% gets you /healthcare/, while our 15% gets us a /healthcare-related financial product/, which will require even more money should we ever use it.