Posted on 05/23/2017 2:49:29 PM PDT by Kaslin
RUSH: California. California is pushing for a single-payer health care system. Democrat leaders progressives in California want the state to just get out of Obamacare totally and replace Obamacare with a single-payer, state health care system. From the Sacramento Bee: It would cost $400 billion [per year] to remake Californias health insurance marketplace and create a publicly funded universal heath care system Do you know what the California state budget is per year? Its $180 billion.
The state budget of California is $180 billion. The Democrats there are serious in proposing that California go single payer. It would cost $400 billion. California would have to come up with If they spent their entire existing budget on it, they would still need to come up with $200 billion additional dollars, and theyve got a plan. According to the Los Angeles Times, the way theyre gonna make this money up is by way of a 15% payroll tax. Fifteen percent payroll tax. This $400 billion, I dont think even gets close to what this is really gonna cost.
Original government estimates of the cost of anything are it never right; theyre always low. When you top off this, you pay for this with a 15% payroll tax, thats not even gonna get close to paying for it. What kind of economic activity is that gonna choke off? And, by the way, illegals and undocumented citizens Im sorry. Theyre not citizens. Illegals and undocumented residents would be fully entitled to single-payer health care, even though theyre not paying for it. If theyre employed under the table, there is no payroll tax; theyre not paying it.
Everybody else has to pay it for them. Thats why $400 billion isnt gonna be enough. What do you think a 15% payroll tax is gonna do to job creation in California? Whats gonna happen to the California economy? Theyre not even thinking of that. Theyre just thinking about how wonderful it sounds to promote single payer, and they think that at $400 billion, they should do it. They also have a plan for a fast train (I forget the term they use for it) from LA to San Francisco. Thats $64 billion for the super-fast train, now $400 billion for state-run single payer, and the California budget at present maxes out at $180 billion.
And the only mechanism they have is new taxes. A payroll tax of 15%, they say, would cover it. And if you analyze that, the only
A static analysis might give you somewhere
But theres no way that people are gonna pay that. If theres a 15% payroll tax, what do you think businesses are gonna do? Theyre gonna let people off. Thats just unacceptable. Thats 15% on top of what the federal is! I mean, its absurd, and yet theyre dead serious about it. I hope it happens. I hope they actually move on this. I hope there is public action on this that the American people are able to witness.
Calf will hire Mexican doctors.
If they are allowed.
How much is the state income tax in California?
California’s 9 state income tax rates range from 1% to 12.3%. The Golden State also assesses a 1% surcharge on taxable incomes of $1 million or more.
Our sales tax in many if not most metro counties/cities is about 10%.
One bedroom apartments in the SF Bay area are close to $2500 + per month with 2 months deposit and a minimum monthly salary of at least 3 times the monthly rent. In some areas, the minimum salary needs to be 4-5 times the monthly rent.
You would think after the coming pension disaster they would be more cautious ( California Pension disaster)
The Detroit, Puerto Rico and Dallas Police Dept bankruptcies are the first harbingers of the coming city and state bankruptcy Tsunamis. All have one thing in common they are run by Democrat politicians.
Already tried someplace - Vermont maybe? - lasted one year - being progressive means you never have to learn from experience......
And “gibmedat” cockroaches will rush in.
Software companies won’t have to pay the tax for programmers in India.
I think most hospitals would downsize and provide only minimal treatment procedures. If you want the ‘good’ stuff, you would have to leave the state. It’d take about three years for everyone to figure out that you can have practically free health-care, but it’ll be limited to mostly a dozen procedures.
How you’d fix things at that point....is a pure unknown.
Hey guys, off topic but do any of you have any idea how many votes Trump got in CA under the American Independent Ballot line?
CA Sec of State doesn’t seem to have his vote totals separated by ballot line.
Can’t seem to find any info. Strange, as it says some Alan Spears won the CA AIP Presidential primary (FR’s own Tom Hoefling placed last).
As long as there is no bailout when they declare bankruptcy, I don’t care what they do.
It's the dudes FLEEING that STARTED this mess long ago!
Now they are infesting COLO, AZ, NEV, Utah...
THIS is what governments EVERYWHERE do NOT want you to know.
You bought food at the store?
It costs you something for all the taxes that the store pays: it gets passed along as a cost of doing business. The truck that brought the food to the store? It's owner pays taxes; they are passed along.
The fuel for the truck? Gas taxes.
The driver for the fuel truck to the station? Income taxes.
the property the station sits on? Propertytaxes.
The electricity the stations uses to run the pumps? Yup; even MORE taxes and 'green' fees and snail darter protection and environmental inspections and on and on and on...
You want SINGLE payer?
Try ONE TAX, the same for EVERY ONE.
After the rebellion; you can then start all over again.
What large metro area are NOT run by Dems?
The key weaknesses of Romneycare, Obamacare, the failed Vermont experiment, and the failing California plan are three: First, they are trying to nationalize the insurance system rather than nationalizing the hospitals, labs, and their employees. Second, they are planning to "cover everything", including things that people can and should pay for themselves. Third, they have not provided a robust private option so "the rich" can legally create a sector which, if it's not legal, will bleed the best talent off to the Caymans or Costa Rica.
Single payer backbone health care can be done, and it can be done well, if it is designed to complement and to incentivize the private sector. It can also create Soviet-style conditions for 99% of the population while the five-county DC area luxuriates in private, special care for politicians.
It's up to you how single payer is done.
It is inevitable that it's coming.
Please dont count me as a Californian. I grew up as a military brat with no home state. Moved here for the work in the 80s, and still feel alien to the culture here,i want to escape the insanity not take it with me.
California wants single payer - as long as the payer is someone else.
You are absolved.
Go and sin no more.
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