| Posted: 16 September 2008 at 1:42pm | IP Logged | 11
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"Because taxes would be higher, take home pay on the same income would be lower. To be able to afford the same goods, services and level of savings you were prior to the tax increase would require in increase in income, hence, a second job. "
No, I get what you were saying. But as I pointed out, how socialists and I imagine most Democrats at least would propose to solve that would be to shift the tax increase onto very rich people and failing that, the upper middle class.
For the lowest income families that now barely afford health insurance (or don't as the case may be), health insurance would be "cheaper" even if taking into account their share of the tax increase. I.e. their take home pay would most likely be equal to or greater than it is now.
Bill Gates would pay a lot more for that health care, but I don't think he'll need a second job to cover it. (I'm being facetious, I know that some people in the upper middle class may also get an "increase", but not , I think, to the extent that they'll need another job.)
I don't think anyone is proposing a "flat" tax increase to cover this.
Even if we may disagree on the "fairness" of taxing the very rich proportionately more than everyone else, I think you'll agree that any (hypothetical) Democratic proposal for universal socialized healthcare in the US would propose to cover the costs by taxing the upper tax brackets more rather than spreading the added tax burden out "flat".
And as I said, personally I think that if appropriately managed, such a system could be much more cost effective overall , both in monetary and health terms.
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