Basically what I'm getting at is I don't think a massive tax increase is at all the current way to go about this.
State governments spend about $600B a year on healthcare right now. The federal government already spends $1.1T on healthcare. Employers spend $880B on premiums. Let's say the average employee spends 1/4 of what employer does on premiums...equals another $220B.
This already accounts for $2.8T a year on healthcare.
They say $3.5T is spent on healthcare each year. They also say 1 in 4 dollars is wasted ($875B). That means costs could in theory be $2.625B per year, which would already be covered by what States, Employers, and the Federal Government currently spends on healthcare.
So where the hell is all of this data coming that we will need tax increases, or a huge payroll tax, etc?
Money can't buy happiness. Just video games, which make me happy.
