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ReelBrothers
Lv 4
ReelBrothers asked in Politics & GovernmentOther - Politics & Government · 1 decade ago

How much will free health care cost me?

By the numbers I cant see how Universal Healthcare

can possibly reduce the cost to us that are paying,

I have a feeling the 468.00 a month I pay now will be

1000.00 in taxes

How much will it cost?

There were 135.7 million tax filings of which

43 million had a zero tax liability.

(I'm not sure on the data of the number of

households that didnt file period, due to no earned income)

The bottom 50% of payers (68 million) payed a tax rate of 3%

The numbers basically tell me that 25 percent of the

population will bear the cost of this hydra.

And if we raise the corporate rates to fund it, since we already

have the highest corp tax rate in the G-8 we'll drive more business offshore.

Update:

Joadey---

Amid rising concerns about the state of the U.S. economy, new data compiled by economists at the OECD shows that for the 17th consecutive year the average rate of corporate taxes in non-U.S. countries fell while the U.S. corporate tax rate stayed the same. As a result, the overall U.S. corporate tax rate is now 50 percent higher than the OECD average.

Combined with another new OECD study that calls the corporate income tax the most harmful type of tax for economic growth, the implications for U.S. policy are clear. The long-term prospects of the U.S. economy are at risk as long as our corporate tax rate remains out of step with the rest of the world.

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8 Answers

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  • The Patriot
    Lv 7
    1 decade ago
    Favorite Answer

    Less than you pay now. Assuming you pay.

    The only people worse off financially will be those who do not have healthcare or those who keep private schemes anyway.

    Look at the facts. The USA spends more PER PERSON on healthcare than any other nation on the planet. Despite that, it has one of the worst death rates for kids aged under five in the industrialised world.

    And you say your system works!

    Source(s): http://en.wikipedia.org/wiki/Healthcare#Economics http://www.guardian.co.uk/world/2007/sep/13/usa.he... http://en.wikipedia.org/wiki/List_of_countries_by_...
  • ?
    Lv 7
    1 decade ago

    Actually the amount all the various levels of government spend now to take care of the poor and elderly is the same amount of the GNP that Canada spends to take care of everybody.

    The reason the US spends a lot more is that there are huge profits raked off in the US.

    Because contrary to the propaganda, Canadian medical care is top notch. OK, not as good as the very best US plans, but it is about the 90% mark.

  • Kalistrat
    Lv 4
    1 decade ago

    It is doubtful, that there will be a free health-care system emerging in a visible future. Maybe some elements. It will cost you something for sure. But, you already nailed it. Think about the people who are not insured and get medical care for free. There millions of them, and the bills run high (tens of thousands of dollars per person per incident),

  • Joadey
    1 decade ago

    You should do better job researching. We do not pay the highest taxes, and we pay much more for health care now than we will be paying in if we had universal care.

    We pay much more for much less. And no one is guarantied the care. If you were to become real sick, you would lose your job and your health care in USA. Not so in countries with universal care.

    Think beyond your current situation and do your home work your self before believing your sources.

    And talking about "hydra" is nor worthy of a comment.

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  • Anonymous
    1 decade ago

    The best we can hope for is a tax credit for health care. If that happen most people not opt to buy health unless they need it.

  • Anonymous
    1 decade ago

    No one's offering FREE Health care.

    How much is a free fiasco of a misbegotten war going to cost us? A LOT less than Health Care!

  • Anonymous
    1 decade ago

    Sounds to me like you already looked into some numbers, and used them to ask a bias anti universal healthcare question

  • Anonymous
    1 decade ago

    To much,if it happens. Theres to many unemployed . Not to mention the ever increaseing rise in medical cost.

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