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ProSense

(116,464 posts)
Fri Oct 11, 2013, 02:00 PM Oct 2013

Could you pay 5 percent or more of your income right now for single payer? [View all]

Single payer is coming, and it's a better and more civilized health care system.

Single Payer movement in the era of Obamacare
http://www.democraticunderground.com/10023715400#post10

Still, you have to pay, it's mandated and shared cost applies.

For example, financing plans have suggested an additional payroll tax of about 5 percent, and an additional 5 percent and 10 percent tax for the top 5 percent and 1 percent, respectively. The "or more" in the OP title was in the event anyone falls in the top 5 percent.

The annual tax would look something like this:

$25,000 - $1,250
$50,000 - $2,500
$75,000 - $3,750
$100,000 - $5,000
$150,000 - $7,500
$200,000 - $20,000
$250,000 - $25,000
$350,000 - $52,500
$500,000 - $75,000
$1,000,000 - $150,000

There would also be a small financial transaction tax and a mandated 7 percent payroll tax on all employers.








10 votes, 0 passes | Time left: Unlimited
Yes
9 (90%)
No
1 (10%)
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