Selatius
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Wed May-28-08 06:32 PM
Response to Reply #13 |
14. That depends on how you tax people to pay for it. |
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If you rolled back tax cuts on capital gains for day traders and used the revenue to pay for single-payer health insurance, you'd get a different response than if you levied a 23 percent payroll tax on everybody who gets most of their money from payroll income, which is basically all of working class America.
In France, the Social Security payroll tax is 23 percent or around there. If they wanted a more progressive way to pay for universal health insurance, they'd shift it over to an income tax and make it progressive so the wealthiest pay more than the poorest.
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