Cypress (03-14-2023), Diesel (03-14-2023), Frank Apisa (03-14-2023), Guno צְבִי (03-13-2023)
Right now according to the Kaiser Family Foundation, it costs about $22K a year to provide a worker with health insurance.
Of that $22K cost, the worker pays about $6K and the employer pays about $16K.
For a business of 50 employees, that is $800,000 a year that the company is spending on health care. Most businesses of 50 employees or less make an average income of just $53,000 a year. $800,000 spent on health care, $53,000 in profit.
Under Bernie Sanders' M4A proposal, that business of 50 employees would pay exactly $0 in taxes to provide health care for their workers, saving $800,000 a year that can be put toward employee salaries, renovations, or new hires. Bernie's plan sets a 7.5% tax on business income in excess of $100,000. Most small businesses don't even come close to making that amount of profit, and those that do are hedge funds (they get taxed separately under Bernie's proposal).
But what about the employee? Won't they have to pay too? Yes, of course. They pay 4% on income above $29,000. The average HH income in the country is about $70K, so the average amount paid by workers in taxes for single payer would be just $1,600. Remember, workers pay $6,000 for health care right now. For a worker to pay the same amount, they would have to make at least $150,000/yr. Only 10% of US workers make more than $150,000 a year.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Cypress (03-14-2023), Diesel (03-14-2023), Frank Apisa (03-14-2023), Guno צְבִי (03-13-2023)
Grokmaster (03-16-2023), Into the Night (03-16-2023)
I can afford not to.
by we, you mean the loser class that lives in their mom's basement
Into the Night (03-16-2023)
When I die, turn me into a brick and use me to cave in the skull of a fascist
Grokmaster (03-16-2023)
Frank Apisa (03-14-2023), Jarod (03-21-2023), LV426 (03-14-2023), Port Tack (04-03-2023)
this is a very good example of why Democrats shouldn't be in charge of sewage plants......they don't know shit about how markets work. All they can do is centralize power, enable corruption, enrich their buddies, and rob the commoners.
A sad commentary on we, as a people, and our viewpoint of our freedom can be summed up like this. We have liberals and conservatives, Democrats and Republicans, yet those very people look at Constitutionalists as radical and extreme.................so those liberals and conservatives, Democrats and Republicans must believe that the constitution is radical and extreme.
Diesel (03-14-2023)
Into the Night (03-16-2023), Uncensored2008 (03-14-2023)
The civilized world has socialized medicine.
What little manufacturing we have has to compete with foreign companies that don't have to directly pay for employee heath insurance
because of national healthcare.
By the way, to slightly change the subject, in my union represented job, I paid 0% of my health insurance costs.
And in retirement, I still get significant contribution to my Medicare supplemental...but unions suck from what I'm told.
Patriotism is the last refuge of a scoundrel. Samuel Johnson, 1775
Religion....is the opiate of the people. Karl Marx, 1848
Freedom's just another word for nothin' left to lose. Kris Kristofferson, 1969
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