Comment on Saint Luigi
ChairmanMeow@programming.dev 2 weeks agoNo, the sum of all premiums paid by all Americans is way more than is required. You could make it a flat tax and it’d still be cheaper.
The tax increase is more than offset by the cost of premiums.
Dragon@lemmy.ml 2 weeks ago
That may be the case, but do you have any evidence or reasoning? There are a certain number of people right now who don’t have insurance or who have very bad insurance, and a universal insurance would have to have to make up what’s missing for those people.
ChairmanMeow@programming.dev 2 weeks ago
There’s a variety of ways to implement it, but the vast majority save trillions in the long run. citizen.org/…/fact-check-medicare-for-all-would-s… has a couple sources listed, even a Koch-funded institute found it would save money.
The reasoning is simple: you cut out the middlemen who demand a portion of the premiums for themselves. Those costs are instantly removed, and there isn’t really anything that starts costing more in return.
There’s also collective governmental bargaining on procedures and medication which lowers prices.
Dragon@lemmy.ml 2 weeks ago
I understand that it saves money overall. I don’t understand how it could save money for individual high-income tax payers. At some warming level, your taxes will be raised by more than you would pay for insurance. Even under a dollar tax, that has to be the case, right? You would need a regressive tax to actually make it beneficial to every single resident.
orrk@lemmy.world 2 weeks ago
ok, why should I care about the well off not getting to be quite the leaches they are now?
ChairmanMeow@programming.dev 1 week ago
Depends exactly on what is taxed. Regardless, the tax increase would be so low that moving is almost certainly not paying for itself. The government could also just increase taxes by a flat amount rather than a flat rate.
Point is, there’s plenty of options that give zero reason to assume capital flight will happen.