Dragon

@Dragon@lemmy.ml

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  That’s interesting, thank you. I’m still not sure it would be the same for them level of tax increase public healthcare would require, but maybe you’re right.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  I would prefer a progressive tax which would be easier to do on the national level.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  As for the Capital flight, that is a myth I’m not sure it’s even negligible between countries, but I am specifically talking about capital flight between US states, where there is a very low barrier to exit. Do you have any reason to believe that isn’t a phenomenon?

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  a flat amount rather than a flat rate So a regressive tax

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  Under current economic conditions, economic wealth is necessary for the functioning of the economy. Some (including me) would advocate for a redistribution/government seizure of capital, but I don’t know of any economist who doesn’t see it as a problem if the wealth is lost altogether. If taxes are imposed on a national level, it is less likely that the wealthy will flee to other countries than it is if they are imposed on a state level. Unless the government seizes all capital, there will always be a risk of losing that wealth to emigration.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  I never said it wouldn’t be cheaper overall, I’m aware that’s true. I’m saying for top earners, it won’t. Insurance costs the same for everyone, taxes don’t. The only way around that entirely is a regressive tax.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ 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.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  I’m conseding that it might not always be the case. I don’t have an answer to your question because I don’t feel like doing the research and math to figure out what the top earners would pay in any given state under universal health insurance. It seems to me obvious that it would represent a large tax increase, and that that increase would disproportionately effect top earners. If you have reason to believe it would universally save people money, I’m all ears for a reason or argument.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  How so?

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  It depends on the state. Massachusetts actually does have a flat income tax, so maybe it would be easier to do there. But even so, wealthy people might prefer to buy private plans, and see the tax as redundant.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨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.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  I said under current progressive tax models.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Maybe. It’s worth trying.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  It’s only cheaper if you consider current healthcare costs. It would require tax increases, and under current progressive tax models, those would be disproportionately high for the upper class, for whom the increase would not offset the elimination of their healthcare premium.

• ⁨Comment⁩ on ⁨Saint Luigi⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Capital flight.

• ⁨Comment⁩ on ⁨same as it ever was⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  I don’t know, can you make them out?

  Image

• ⁨Comment⁩ on ⁨same as it ever was⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  I visited a 17,000 year old cave painting site in France, and the whole walk into the cave there are modern day graffiti signatures like “Bob, 1992” etc. but then you start to notice that the years go back further and further…1827…1761…1597. Then you get to the old cave art and it kind of feels like a continuation of the same shit, just some people leaving their scribbles on a rock like they have been probably since they discovered how to do it.