The OP has detailed the tax reforms I’d like paying for universal basic income and universal health insurance. U.B.I. would eliminate much of the spending now done by the status-quo system of providing welfare. Total spending as detailed in the OP is actually hardly any more than what the P.O.T.U.S. has proposed.
I’m very familiar with that since my wife is from Alaska. Guess what, the money in that fund comes from oil royalties. Now that the price of oil shit the bed, that’s a big problem for Alaska. Plus, they have been in a budget crisis for the last 5 years or so because the price of oil kept getting lower and lower. Again, the money has to come from somewhere and when the money isn’t coming in there is no way it can keep going out, unless the state borrows itself into oblivion which the federal government is doing right now.
Just because it’s never been tried in America doesn’t mean it’s the correct solution or that it hasn’t been tried before in other countries. Alaska also is highly subsidised by the oil and gas industry that operates on indigenous territories so it’s hardy a good example to use for the rest of the country. You fail to address the production problem and the private sector vs. nationalising corporations.
Value-added taxes are widely implemented by other countries. I reckon there’s plenty of resources other than oil and gas that’d generate consumption tax revenue for funding a subsistence living allowance for every American citizen.
China should pay for the mess they created around the world and good ole free market CAPITALISM will bring the economy back up and roaring again in the USA!
I would hope there would be another REVOLUTION if socialism/communism every tried to infringe on American freedom.
Wha you did; t get enough of a response so you made a topic with the same garbage???
Better yet, you want universal healthcare why to pay your fair share instead of demanding everyone else pay for your healthcare.
A national sales tax where everyone pays their fair share.
Increase the SS tax via the cap. Will you also increase the amount paid as the max would certainly increase with the cap increased? Or do you want to end the facade and make it into the true entitlement that it is today?
Increase corporate taxes, a laughable suggestion as they would pass it along to the consumer in higher price. Maybe you could double their taxes and they would move off shore and you get nothing. At 29% it would be an incentive to begin that move. But then again w could increase the trade deficit from over 600 billion to a trillion.
The national debt will increase year after year regardless as there is no provision to pay it down not that anyone cares. Not to worry as that debt service will become the largest budget item.
Go ahead use the covid stimulus for UHC. Many small businesses will close then you can pay a UBI as people will certainly be unemployed and likely long term.
I find it appalling that we would think about ending all incentive to actually work and eliminate the incentives for bettering our lives for our families all so the world can cross the border and increase the number and lower the standard of living to the level of Mexico or any other central american nation.
I reckon most small businesses would favor getting rid of the burden of administering and cost of providing health care to their workers. I figure they’d come out ahead on that deal of paying a bit more in corporate taxes in exchange for not having to provide their employees with health insurance.
What you are suggesting here makes small businesses and their employees completely dependent upon the government. How in any way is that a good thing?
When I wanted a job with better health care I improved my skills so I could go get that job and negotiate a higher rate of pay and a more comprehensive benefit package. What you are talking about completely removes the incentive for people to work hard and improve themselves.
Many small businesses do not provide healthcare to their employees. The ACA covers them with medicaid as that is what the democrats, progressives intended.
You got your ACA now live with it and belly up to the bar any pay your fair share instead of demanding everyone else pay for your healthcare.
Businesses do not and have never paid corporate income taxes.
Taxes like labor and material are a cost of doing business and are factoring into the price of goods and services.
Taxes get to high and the prices rise above what their foreign competitors charge they cut expenses. PEOPLE are the largest expense. Can’t cut enough pool, the nest option is off shoring operations. Still to high move off shore. Still to high, close the business and liquidate.
Why is it that people like you demand others pay for your healthcare and demand everyone fall in lockstep with your demands. Your choices are far greater, you can chose Canada or many EU nations for your free healthcare. Quit demanding we trash what’s left of our healthcare system so you can get FREEE.
I find it laughable as the universal healthcare would be provided by the same people that administer the VA healthcare system which is a mess, medicaid which is beyond a mess resulting in doctors who refuse to treat medicaid patients as well as medicare, fraud ridden system where many doctors refuse to service seniors do to low and delayed payouts from the government.
And sadly the cheerleaders for UHC refuse to address the reality that the best and brightest would no longer seek a medical career as to government mandated salaries and the reality that they would be on a salary instead of an incentive based income.
I’d take a stab and say because people like this don’t have an understanding of business and how it works.
It’s a common misperception that business owners are wealthy.
It’s the attitude of “you didn’t build this” so you should pay more to the people who did.
It’s been a while since we’ve seen EVOlution — their last post was 4 months ago.
What small businesses? They are getting wiped out right now because of this silly shit. How does Coronavirus know it should not go into Wal Mart but that it should INFEST small businesses?
If you’re a small business, you are CLOSED, but if you’re a billionaire run mega chain, it’s business as usual (except for whatever bullshit you want to mind whip the people with, like one way aisles)
Corona is the consolidation virus. Communists like to keep it simple. They want one ONE EASILY CONTROLLED FEED TROUGH. Right now, with small businesses, there are too many feed troughs to keep track of, so coronavirus miraculously goes to the small places and makes them toxic waste holes that MUST BE SHUT DOWN, while it happily dances away from Wal Mart like a fairy.
The motives are obvious. With too many doctors now stating that they are falsifying death reports as corona, with too many doctors now saying they are murdering people to get the stats as well, corroborated by phone calls to husbands, videos of masked men announcing provably living people dead from corona right after those living people were carted away by police, and now DEAD NURSES who blew the whistle, the story line is obvious: Corona is a big fat hoax being fronted to destroy small business and hand everything over to centralized communist systems.
They destroyed America’s oil industry on purpose with this. They are destroying America’s small businesses on purpose with this. They are quarantining people while feeding them free money to invoke social change. They are destroying agriculture, with the meat sector now documented to be 45 percent wiped out. We need a rebellion STAT and NEVER FORGET WHO FRONTED THIS and how it happened.
This happened because Fauci and Bill Gates paid for the development of a virus that was supposed to be devastating but ended up being a failure because at least the final tweaks were done in China. They probably did smuggle the original out of Ft. Detrick but I don’t think we got an un-touched American product because if we did, it would have worked.
In conjunction with this, the media played the game and ram rodded a scam down everyone’s throats. And who were the main players in ALL OF IT? Answer: The Tribe. They have wormed their way into ownership of all the big corporations people are now feed troughed into. They own the media that fronted the ruse and ran with it as if it was a complete success and to top it all off, Gates and Fauci are also of the tribe, with the “cure” coming from a tribal company.
They then destroyed agribusiness by refusing to buy from agricultural sources they did not own with this enforced by the fact that they owned all the big feed troughs people are now forced to go to while non-tribal businesses die. If there are any efforts to put things right, people need to know who did this, it’s not going to work if people are stupid enough to think it was Muslims, Chicoms or god knows what else that caused it all.
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Well said.
These people are totally clueless as to the cost of doing business and the reality that there are limits as to hw much can be demanded from the government before the reasons for having a business is eliminated by the costs imposed by government.
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Most seniors are happy with their medicare. I reckon many of them would also like this same level of care applied to all Americans. The universal health care system in Sweden in so good there they could take a herd immunity approach towards Covid without overfilling their health care resources beyond capacity. Unlike here in America, where elective medical procedures had to be cancelled in order to conserve health care resources for treating Covid infected patients.
My wife and I day trade stocks and commodity based funds, as a small business owner of just us two people, we’d be more than willing to pay a bit higher taxes in exchange for reliable government funded health care insurance coverage…
You’re out of you mind. The suffer with limited choice due to substandard payout.
Because of the amounts they have to pay, many are required to get a supplement plan. 100+ more a month.
Part A: Deductible 1408.
After that charges can kick in.
PartB
80/20 plan with no max out of pocket.
Please that is the party line and most seniors are stretched at best to pay for medical.
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Go ahead and pay more.
As a business owner who terminated all of my employees, I work the business myself and pay close to 50% to the government when I work. I am unwilling to pay a dime more in taxes as my next option will be to close the business.
And trading stocks is to a business unless you incorporated. Which you probably didn’t so you’re just another day trader paying your day trade costs and taxes like everyone else.
Do you pay yourself a salary?
Do you pay SS taxes for yourself and the business half?
Do you pay medicare taxes?
Do you pay for workers comp?
What do you pay?
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Some of my stocks have taken a free-fall during the Covid-19 crisis. I am hoping it will rally at some point in the next few weeks. Just as long as the markets continue to rally, we should be alright.
My wife and I do pay capital gain taxes on our profitable trades, we also pay pricey premiums on our health insurance. Honestly, we’d rather just pay a bit more in capital gains in exchange for getting a guaranteed subsistence living allowance as well as us getting tax-payer funded health insurance.
I hope what you are asking for never happens because then those of us in Canada who can afford to travel to the United States for out-of-pocket quality medical care won’t be able to get it. You really don’t know what you are asking for.
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Medicare, even the universal health insurance I’ve proposed being paid by a ten percent value-added-tax, is way better health insurance coverage at a lower cost than the high deductible with 30 percent coinsurance blue cross blue shield insurance plan my wife and I are paying high premiums towards.
Fortunately, somebody I know in government who is a friend of mine warned me back in early February how bad this Corona virus pandemic was going to hurt stock prices; so I sold all my stock positions then, and got back into the market when stock prices overall had nearly bottomed.
Wow! I would have put them on “hold”. That is what I did with mine. I did sell a couple. But I put the rest on hold. In hope, I can buy later?
So your motivation is you want everyone to lose their healthcare in hopes yours will be cheaper.
No he’s clueless and is going with the Bernie party line.
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You’re not a business just a trader. Try running a real business where you pay Federal, state, local taxes as well as 2x SS taxes as well as medicare taxes and a host of business costs.
In other words you know nothing about small business and the associated costs.
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There is no scientific evidence that hiding from the virus saved lives. There is evidence that it destroyed the best economy in US history.
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