2016 Postmortem
Related: About this forumHonest Bernie: Yes I will raise taxes. A 2.2% payroll tax for healtcare, a tax on Wall Street
Speculators to make Public Colleges and Universities Tuition Free, help with student loans, etc.
And my opponents will pay for their programs by........
PatrickforO
(14,559 posts)rationed healthcare, I'd say that's a pretty good deal.
Hell, I'd be happy with a 10% hike for healthcare that I didn't have to worry about. Because I'd save money and have lots less stress. What I've got now is crap.
Yep, honest Bernie. And we'd all better be backing his play.
exboyfil
(17,862 posts)Germany is around 15% of payroll and their system is 50% more efficient than our current system.
HerbChestnut
(3,649 posts)Check out the full plan here: https://berniesanders.com/issues/medicare-for-all/
uponit7771
(90,302 posts)... cause there's nothing stopping them for doing this
SickOfTheOnePct
(7,290 posts)what do you mean they'll pass it down to the employee?
Fawke Em
(11,366 posts)They don't know the answer and they don't realize that employers are more likely to pass down health insurance premium increases to the employer because there really is nothing to stop that. A payroll tax is monitored by the IRS and can't be passed to the employee, but forcing the employee to pay more in premiums and deductibles isn't regulated by anyone.
exboyfil
(17,862 posts)Consider the entire compensation package of the employer to the employee. In general the employer is going to want to optimize profits. This is done by compensation at an optimal level that will get a productive employee. A payroll tax on an employer is essentially another form of minimum wage. If the pool of available employees is too expensive, then employers will look at other approaches such as outsourcing the work to foreign countries or additional automation for example.
This being said. Payroll taxes are the most efficient method for financing social welfare programs. You just have to recognize the limitations.
Ash_F
(5,861 posts)Companies charge as much as they can for their product as long as people keep buying.
And they pay as little as they can to their workers as long as people keep applying.
That is the one simple rule of business I have seen everywhere I have worked, including management.
They do not lower wages or raise prices on any other factors.
Fearless
(18,421 posts)Because it means that I have quality health care and I don't spend money out of pocket for it.
I SAVE MONEY.
We ALL save money.
FULL STOP.
beam me up scottie
(57,349 posts)Bernie is honest to a fault, he believes in his policies and trusts people to read beyond the headlines.
Freddie Stubbs
(29,853 posts)What exactly does that mean? Will investors based in Omaha be exempt?