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Re: NY Capitalists subsidize corporate Amazon [Re: BlasphemousNoob] * 2
    #25624105 -

BlasphemousNoob said:
Republicans and Democrats fall over each other trying to be the first in line to get on their knees for big corporations. A company like Amazon that is valued at almost $1 trillion does not need a mere $4 or 5 billion in tax breaks. In fact, they should be taxed more not less.



Well said.  :thumbup:

BlasphemousNoob said:
Cortez couldn't even answer a simple question on how she expects the US government to pay for the Medicare for all plan she supports except to say we will "just pay for it" since she says it's cheaper than what we have now (spoiler: it's not).



1.  Bernie figured out one way to pay for it:  impose a 2.2% income tax on everyone.  That actually saves the bottom 95% of the country money on their health insurance.  And if the bottom 95% can afford it, the top 5% certainly can afford a 2.2% tax.  It's not even a progressive tax.
2.  It would be a LOT cheaper per person.  We'd no longer have to pay for the uninsured, we'd no longer have to pay for profit private health insurance companies, and we'd get discounts due to significant negotiating power.

Please tell us why you think it would cost more.  That makes no sense to me.  :shrug:

BlasphemousNoob said:
I see Cortez as another Bernie Sanders. She'll be in Congress 30+ years and won't change a thing, but she will say the right things election time to get reelected.



There needs to be more progressives in Congress before things can get done.


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.

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Re: NY Capitalists subsidize corporate Amazon [Re: Falcon91Wolvrn03] * 4
    #25624139 -

Canada spends 11.5% of its GDP on medical costs and covers everybody for everything, except dental, optometry, and cosmetic surgery.

USA spends 17.9% and about 10% have no insurance with many more underinsured.


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Either you repeat the same conventional doctrines everybody is saying, or else you say something true, and it will sound like it's from Neptune.  -Noam Chomsky

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Re: NY Capitalists subsidize corporate Amazon [Re: VroomerMcZoomers] * 3
    #25624148 -

Canadians live almost four years longer than Americans in their socialist nightmare


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NotSheekle said
“if I believed she was 16 I would become unattracted to her”

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Re: NY Capitalists subsidize corporate Amazon [Re: koods]
    #25624151 -

it's prolly because the weather here is so pleasant


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Re: NY Capitalists subsidize corporate Amazon [Re: Falcon91Wolvrn03]
    #25624195 -

Falcon91Wolvrn03 said:
1.  Bernie figured out one way to pay for it:  impose a 2.2% income tax on everyone.  That actually saves the bottom 95% of the country money on their health insurance.  And if the bottom 95% can afford it, the top 5% certainly can afford a 2.2% tax.  It's not even a progressive tax.
2.  It would be a LOT cheaper per person.  We'd no longer have to pay for the uninsured, we'd no longer have to pay for profit private health insurance companies, and we'd get discounts due to significant negotiating power.

Please tell us why you think it would cost more.  That makes no sense to me.  :shrug:



Almost half of Americans don't pay income tax because they either don't make enough or don't make anything at all. If half the country isn't paying this 2.2% income tax increase, guess who's going to be picking up the slack? Not the millionaires/billionaires, they will still be able to hire the best accountants and get all their tax breaks. It will be workers like me who make above the poverty line, and the tax hike will be far greater than the 2.2% Sanders proposed since I'd be making up for everyone not paying.

The only way we could make it work is if everyone paid 2.2% regardless of income and possibly raising sales tax to make up for those who make nothing. The money has to come from somewhere, but you can't expect the top 50% of earners to pay 100% of the cost.

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Re: NY Capitalists subsidize corporate Amazon [Re: BlasphemousNoob] * 2
    #25624209 -

Quote:
Almost half of Americans don't pay income tax because they either don't make enough or don't make anything at all. If half the country isn't paying this 2.2% income tax increase



Bernie Sanders knew that a 2.2% tax on 0 is 0.  He didn't think that a flat income tax was going to collect money from people who have no income.


--------------------
 

Either you repeat the same conventional doctrines everybody is saying, or else you say something true, and it will sound like it's from Neptune.  -Noam Chomsky

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Re: NY Capitalists subsidize corporate Amazon [Re: BlasphemousNoob]
    #25624267 -

BlasphemousNoob said:
...the millionaires/billionaires, they will still be able to hire the best accountants and get all their tax breaks. It will be workers like me who make above the poverty line, and the tax hike will be far greater than the 2.2% Sanders proposed since I'd be making up for everyone not paying.



The rich would have to pay 2.2% of their income towards Medicare for All, regardless of how good their accounts were.  If not, they've broken the law and pay a fine exceeding 2.2% of their income.  Easy peasy.  Even Cortez could figure that one out.

BlasphemousNoob said:
The only way we could make it work is if everyone paid 2.2% regardless of income and possibly raising sales tax to make up for those who make nothing. The money has to come from somewhere, but you can't expect the top 50% of earners to pay 100% of the cost.



That's how it could work, EVERYONE pays 2.2%.  People making only $14,000/year would pay about $26 bucks a month for excellent coverage.  It's a bargain.


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.

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Re: NY Capitalists subsidize corporate Amazon [Re: Falcon91Wolvrn03]
    #25624269 -

BlasphemousNoob said:
...the millionaires/billionaires, they will still be able to hire the best accountants and get all their tax breaks. It will be workers like me who make above the poverty line, and the tax hike will be far greater than the 2.2% Sanders proposed since I'd be making up for everyone not paying.



The rich would have to pay 2.2% of their income towards Medicare for All, regardless of how good their accounts were.  If not, they've broken the law and pay a fine exceeding 2.2% of their income.  Easy peasy.  Even Cortez could figure that one out.

BlasphemousNoob said:
The only way we could make it work is if everyone paid 2.2% regardless of income and possibly raising sales tax to make up for those who make nothing. The money has to come from somewhere, but you can't expect the top 50% of earners to pay 100% of the cost.



That's how it would work, EVERYONE pays 2.2%.  People making only $14,000/year would pay about $26 bucks a month for excellent coverage.  It's a bargain.

VroomerMcZoomers said:
BlasphemousNoob said:
Almost half of Americans don't pay income tax because they either don't make enough or don't make anything at all. If half the country isn't paying this 2.2% income tax increase



Bernie Sanders knew that a 2.2% tax on 0 is 0.  He didn't think that a flat income tax was going to collect money from people who have no income.



Exactly.  :thumbup:


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.

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Re: NY Capitalists subsidize corporate Amazon [Re: Falcon91Wolvrn03]
    #25624346 -

On taxable income or actual income?

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Re: NY Capitalists subsidize corporate Amazon [Re: koods]
    #25624381 -

Quote:
  People making only $14,000/year would pay about $26 bucks a month for excellent coverage.  It's a bargain.



Wouldn't these people be mostly exempt from income tax though?  The personal exemption is close to that


--------------------
 

Either you repeat the same conventional doctrines everybody is saying, or else you say something true, and it will sound like it's from Neptune.  -Noam Chomsky

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Re: NY Capitalists subsidize corporate Amazon [Re: VroomerMcZoomers]
    #25624391 -

There is no personal exemption anymore. That was phased out in Trumps tax bill.


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

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Re: NY Capitalists subsidize corporate Amazon [Re: koods]
    #25624396 -

koods said:
Falcon91Wolvrn03 said:
Bernie figured out one way to pay for it:  impose a 2.2% income tax on everyone.



On taxable income or actual income?



I think it's on actual income.  But again, 2.2% of a small income is dirt cheap to get full medical coverage.


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.

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Re: NY Capitalists subsidize corporate Amazon [Re: Falcon91Wolvrn03]
    #25624425 -

So a payroll tax similar to the way FICA works

Except payroll taxes don’t apply to other kinds of income... so maybe not


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

Edited by koods (11/19/18 01:11 AM)

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Re: NY Capitalists subsidize corporate Amazon [Re: koods] * 1
    #25624750 -

The Koch brothers ran a study to try to discredit medicare for all. Their conclusion of the study? "Medicare for all would cost us 30 trillion over the next decade!" (I made that specific number up as I do not remember the actual cost). They then ran tv ads and right wing news outlets ran with it. What did they not mention that their very study concluded in black and white? Our current system will cost 34 trillion over the next 10 years. Don't let facts get in the way of a good talking point though am I right?

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Re: NY Capitalists subsidize corporate Amazon [Re: Falcon91Wolvrn03]
    #25625293 -

Falcon91Wolvrn03 said:
BlasphemousNoob said:
Cortez couldn't even answer a simple question on how she expects the US government to pay for the Medicare for all plan she supports except to say we will "just pay for it" since she says it's cheaper than what we have now (spoiler: it's not).



1.  Bernie figured out one way to pay for it:  impose a 2.2% income tax on everyone.  That actually saves the bottom 95% of the country money on their health insurance.  And if the bottom 95% can afford it, the top 5% certainly can afford a 2.2% tax.  It's not even a progressive tax.
2.  It would be a LOT cheaper per person.  We'd no longer have to pay for the uninsured, we'd no longer have to pay for profit private health insurance companies, and we'd get discounts due to significant negotiating power.

Please tell us why you think it would cost more.  That makes no sense to me.  :shrug:



Great post. I think the misunderstanding here comes from the fact that, while it will be cheaper, more tax money will be spent. The American tax payer will be spending money via taxes, that they are currently spending independently. I'm sure she didn't want to say she was going to raise taxes on Americans across the board.

I didn't realize that imposing a 2.2% tax would cover everyone. That makes it sound like a no-brainer. Does that include things like Dental?


--------------------
"It is no measure of good health to be well adjusted to a profoundly sick society," - Jiddu Krishnamurti
FARTS
"No my dog won't bite you, tho it had the right to. You ought to give him credit, cuz he knows I woulda let him" - Modest Mouse (And Wooof!)
Every one of you should see this video.
"Facts are chiels that winna ding, and downa be disputed" - Robert Burns


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Re: NY Capitalists subsidize corporate Amazon [Re: Bigbadwooof]
    #25625422 -

Dental isn’t covered in American health plans. It is a separate deal.
Covering the rest of the population probably costs less than double what it currently costs. 65+ people use a lot of medical resources.

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Re: NY Capitalists subsidize corporate Amazon [Re: koods]
    #25625487 -

koods said:
Dental isn’t covered in American health plans. It is a separate deal.
Covering the rest of the population probably costs less than double what it currently costs. 65+ people use a lot of medical resources.



I wonder what it would cost to include dental and vision. I think the NHS in the UK does.


--------------------
"It is no measure of good health to be well adjusted to a profoundly sick society," - Jiddu Krishnamurti
FARTS
"No my dog won't bite you, tho it had the right to. You ought to give him credit, cuz he knows I woulda let him" - Modest Mouse (And Wooof!)
Every one of you should see this video.
"Facts are chiels that winna ding, and downa be disputed" - Robert Burns


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Re: NY Capitalists subsidize corporate Amazon [Re: Bigbadwooof]
    #25625500 -

My plan has both dental and vision. The dental is pretty shabby though. Cleanings only.

But I have good insurance compared to many, yet I still pay $50 co pay just to see a doctor.


--------------------
Enjoy the process of your search without succumbing to the pressure of the result.

A Dorito is pizza, change my mind.

I’m sorry it had to be me.

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Re: NY Capitalists subsidize corporate Amazon [Re: koods]
    #25625579 -

Quote:
There is no personal exemption anymore. That was phased out in Trumps tax bill.



Indeed.

I used the wrong term.

"Standard Deduction Amounts. The standard deduction amounts will increase to $12,000 for individuals"

That exemption should apply to the 2.2% medicare flat tax.


--------------------
 

Either you repeat the same conventional doctrines everybody is saying, or else you say something true, and it will sound like it's from Neptune.  -Noam Chomsky

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Re: NY Capitalists subsidize corporate Amazon [Re: koods]
    #25625842 -

koods said:
So a payroll tax similar to the way FICA works

Except payroll taxes don’t apply to other kinds of income... so maybe not



I think that would work.  Though if they also applied the tax to capital gains, they could probably lower that amount well below 2.2% because of the additional revenue.


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.

Edited by Falcon91Wolvrn03 (11/19/18 05:37 PM)

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