Your comment is the biggest problem we have right now. There’s no, just paying a little more on taxes to get free healthcare. It’s estimated that currently it would be $3-4 trillion a year for universal healthcare. The total taxable income the US made was ~$4.4 trillion. 41.5% of that is individual taxes. If everyone paid 10% more that would only be $182B. You haven’t even scratched the surface of the cost.
Adding universal health care is far more complicated than just everyone paying a little more in taxes.
Somehow only almost every other first world nation has figured it out, must be that American exceptionalism preventing us from figuring it out.
Also, I think you misunderstood my increase statement. I don’t mean a 10% increase of the federal taxes, I mean a 10% additional tax on total income which is about 10x that. Even using that figure, you’re really telling me that it would take a 24% increase to pay for this, and I’d love to see your sources for that.
And, this is fun, even with your tax increase requirement numbers, $18,000-$27,000 is 24%-37.5% of the median household income in America. Turns out, even if it were as absurdly expensive as you say, it’s literally a bargain for your average family. I now make more than the median, and it’s only 20%-30% of my income, so still a bargain but not as good of one.
Your comment is the biggest problem we have right now. There’s no, just paying a little more on taxes to get free healthcare. It’s estimated that currently it would be $3-4 trillion a year for universal healthcare. The total taxable income the US made was ~$4.4 trillion. 41.5% of that is individual taxes. If everyone paid 10% more that would only be $182B. You haven’t even scratched the surface of the cost. Adding universal health care is far more complicated than just everyone paying a little more in taxes.
Somehow only almost every other first world nation has figured it out, must be that American exceptionalism preventing us from figuring it out.
Also, I think you misunderstood my increase statement. I don’t mean a 10% increase of the federal taxes, I mean a 10% additional tax on total income which is about 10x that. Even using that figure, you’re really telling me that it would take a 24% increase to pay for this, and I’d love to see your sources for that.
And, this is fun, even with your tax increase requirement numbers, $18,000-$27,000 is 24%-37.5% of the median household income in America. Turns out, even if it were as absurdly expensive as you say, it’s literally a bargain for your average family. I now make more than the median, and it’s only 20%-30% of my income, so still a bargain but not as good of one.
Are you saying that paying 30% of your income for free health care is a bargain? At the median income for 60 years would be almost $1.4MM.