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Spock (rhp)
Lv 7
Spock (rhp) asked in Politics & GovernmentPolitics · 4 years ago

Where can we tax $1.7 trillion per year for single payer?

Update:

Bernie's $1.3 trillion annual cost for single payer understates reality by about $400 billion per year. And his revenues to pay for it are, sadly, laughable.

So, oh promoters of single payer, where would you get $1.7 trillion in annual revenue to pay for your program?

Economic reality required. reference to actual US tax revenues useful. Secondary economic effects need to be included. ["Dynamic scoring" required.]

And how much of this would your family be paying?

Update 2:

some hours later. zero useful responses. are we really this economically illiterate?

Update 3:

over 8 hours later -- notned in another thread suggest taxing alcohol and smokes much more. since they're part of the problem [delayed need for medical care after using them], this is part of the solution. zero points for anyone else, so far

Update 4:

final update: zero best answers

7 Answers

Relevance
  • Nosmo
    Lv 7
    4 years ago

    Actually, it is $1.7 trillion over 10 years or $170 billion. That is easy, you get it from the money Americans used to pay in premiums for private insurance.

  • Athena
    Lv 7
    4 years ago

    LOL, you ran up a bill of $20 Trillion dollars with nothing to show for it, in the last eight years alone, and NOW you are wondering where the money will come from ???

    LOL, ya gotta love liberals.

  • ?
    Lv 4
    4 years ago

    More than that already goes into the hands of big pharma companies each year.

  • Anonymous
    4 years ago

    I don't know why anyone would vote for this. This would be a massive tax increase, why would you vote to take less money home with you?

  • Anonymous
    4 years ago

    I suggest we give up 2 Battleships, 7 war planes, shut down maybe about 30 Military bases across planet Earth, cut Medicare, cut SS, and just simply start to look at balancing the USA Budget.

    I have to run my household this way.....

    Wake the phuck up...

  • ndmagicman
    Lv 7
    4 years ago

    And your $1.7 trillion figure comes from where?

    Since a single payer would most likely be a Medicare for all plan, does your $1.7 trillion number already account for tax revenue already being collected from Medicare?

    And some think Bernie's plan would work.

    http://www.politifact.com/truth-o-meter/article/20...

  • Anonymous
    4 years ago

    Tax increases across the board, with a bigger increase for the richest and a smaller increase for the poorest.

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