Every person could be required to deposit 20% of any gross income into an interest bearing personal health care savings account. The interest calculated is based on the rate of inflation.
This is their money to keep and spend as they like with the provision that if the money is spent for medicinal purposes then it is tax free.
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Just wow. I was thinking along the same lines, but the idea of savings accounts that are tax free based on how the money is spent is brilliant. Did you come up with it or run across it somewhere?
As far as I know, this is something I contrived here on a FR a few months ago. I keep reposing it in the hopes people will begin to spread the word.