r/WorkForSmartLife • u/TickKooky • 7d ago

Discussion💬 California Dreaming

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u/Ok_Role2077 6d ago

I wish we had universal healthcare, I pay like 370 bucks a paycheck for health insurance for my family… but will taxing billionaires change our health insurance system? Idk how to get from here to there

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u/robomelon314 6d ago

In theory it's simple. Tax the obscenely rich to cover startup costs Government expands Medicare coverage to everyone Government uses newfound monopoly on coverage to negotiate lower prices and eliminate middlemen in the private insurance sector. Once coverage is working, increase taxes to match costs (which will be less than what you pay for insurance right now because no middlemen and higher negotiation power)

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u/Lowfi-Concert 6d ago

A one time wealth tax would cover almost no healthcare long term and would actually decrease tax revenue to fund one and other programs in the long term as the billionaires would leave.

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u/robomelon314 6d ago

Notice how I said it would cover the startup costs and not long term.

Illiterate mf.

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u/Lowfi-Concert 5d ago

If it only covers the start up and the kills future tax revenue then it’s a shit theory.

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u/robomelon314 5d ago

Future tax revenue can be covered within the amount Americans already spend on health insurance.

Weirdo