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Reply #22: Financing this is a big problem IMHO. [View All]

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Rosemary2205 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-22-07 05:00 PM
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22. Financing this is a big problem IMHO.
There are going to be a whole lot of people who currently get some form of employer assistance with healthcare that WON'T get a raise big enough to compensate for the added tax. IMHO there are going to be quite a lot of businesses who take the money and run. Some won't, but some will.

IMHO financing this is the real sticking point. The total dollar spent will probably be less than is spent now but getting that money to the government has it's problems.

If you put the burden on individuals, you have a whole class of people who get minimal or no healthcare dollars from employers now. You also have a whole class of businesses who will just take the money they now spend and run with it rather than up the salaries of those they currently cover. So quite frankly, IMHO quite a lot of individuals could get royally screwed by the added tax burden.

If you put the burden on employers, you have a whole host of small businesses and self employed who can't afford insurance now and won't be able to survive the added taxation. Plus you will have bigger businesses looking for any loophole they can and will figure out how to weasle out of paying the added tax for healthcare.

It seems like an easy thing to set up financing similar to the other single payer universal systems in the world - but IMHO the corporate laws in this country allow for so much corruption that I am not convince there won't be "unintended consequenses" involved.


Anyways, I am totally on board with single payer universal healthcare and have long ago began to start fighting for it. But in the back of my head I wonder about how the finances will work out given our generally easy to corrupt corporate laws.
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