Thank you California! I now know where I will be spending the years of my life when I have no income and insanely high medical bills. Gonna stick in PA with our 3.07% while I am earning bank and healthy though.
California Considers Doubling Its Taxes
91–100 of 363 posts
Re: California Considers Doubling Its Taxes
#92> to fund a first-in-the-nation single-payer health-care system. This is key here. So instead of paying this out to a private insurance company I pay it in taxes, there by my actual change is net zero, in most cases. I have a feeling most reactions might be headline driven here. I think it’s worth doing the math on how much it costs you in healthcare coverage before really judging a book by its cover here. If my comp…
I thought Vermont already tried single-payer healthcare? https://www.washingtonpost.com/national/health-science/why-v...
>As with any attempt to dismantle one American health-care system and replace it with another, Green Mountain Care was always going to be a long game. For starters, it would not be until 2017 that any state could get federal permission to change the way it used insurance subsidies created under the ACA.
Re: California Considers Doubling Its Taxes
#93> to fund a first-in-the-nation single-payer health-care system. This is key here. So instead of paying this out to a private insurance company I pay it in taxes, there by my actual change is net zero, in most cases. I have a feeling most reactions might be headline driven here. I think it’s worth doing the math on how much it costs you in healthcare coverage before really judging a book by its cover here. If my comp…
Overall I think a single-payer system is for the best. Having healthcare tied to your job creates another anchor to keep people tied to large, stable companies instead of taking risks with startups or small businesses.
The main downside is that companies have started doing tiered healthcare costs based on things like smoking or health indicators. Having income tax based on your weight or smoking status is probably a non-starter, so it removes some of the incentives for people to make good choices (and reduce healthcare costs).
Re: California Considers Doubling Its Taxes
#94> to fund a first-in-the-nation single-payer health-care system. This is key here. So instead of paying this out to a private insurance company I pay it in taxes, there by my actual change is net zero, in most cases. I have a feeling most reactions might be headline driven here. I think it’s worth doing the math on how much it costs you in healthcare coverage before really judging a book by its cover here. If my comp…
when has California's government recently shown any capability to successfully implement big projects or spend tax payer money efficiently? How is the high speed train project coming along?
Re: California Considers Doubling Its Taxes
#95Earlier quoted context omitted.
Why do you believe single-payer is a bad idea? The model works very well in most European countries.
It works in the sense that I go to a private clinic when I have an issue. Likewise with the great public school system, where families pay 30k per year so they can avoid a public school
Re: California Considers Doubling Its Taxes
#96Earlier quoted context omitted.
38% decrease in people moving to California 12% increase in residents moving out of state last year. In San Francisco Bay Area, it's even more stark. There was a 45% decrease in entrances from other states to the Bay Area and a 21% increase in residents leaving for other states.
https://www.capolicylab.org/pandemic-patterns-california-is-...
Re: California Considers Doubling Its Taxes
#97As a taxpayer I don't actually have a problem with this. However, as a California resident who has seen this state's inability to think through regulations effectively or solve housing problems, I'm incredibly skeptical of California's ability to implement single payer healthcare effectively. I would likely leave the state because I assume California would fail to deliver, and taxes would get raised for nothing.
Re: California Considers Doubling Its Taxes
#98> to fund a first-in-the-nation single-payer health-care system. This is key here. So instead of paying this out to a private insurance company I pay it in taxes, there by my actual change is net zero, in most cases. I have a feeling most reactions might be headline driven here. I think it’s worth doing the math on how much it costs you in healthcare coverage before really judging a book by its cover here. If my comp…
It goes beyond deductions too. Though maybe you're referring to total costs of premiums or company pays costs that probably come out of your comp. I was shocked to learn how much my parent's insurance costs. Even though ostensibly employed by a huge multi-national, my dad technically operates as his own S-corp so they have to buy on the market. That seems to be a trend in the gig economy which is worse for low 'wage'…
Re: California Considers Doubling Its Taxes
#99If this happens, I will most certainly leave the state. I mean this is ridiculous. These people have consistently shown that their ability to spend our tax dollars is literal dog shit. People and companies are leaving the state in droves. And their response is to literally double taxes?
That has been the fantasy of many for at least as long as I've been able to read a newspaper, which is going on 50 years. And it never really seems to happen. Sure, there's a year or two of net migration out of the state, a few companies actually do leave, U-Haul reports that there are no rental trucks in the state of CA, they're all in $ANOTHER_STATE.
Then a few years later, house prices keep going up and net population rises. Maybe that big CA housing crash might actually happen this time, I dunno. I'm not counting on it, though. (Or for that matter, I'm not even caring, as we rejected moving to CA many years ago, and taxes are certainly a factor in that decision.)
Re: California Considers Doubling Its Taxes
#100Earlier quoted context omitted.
38% decrease in people moving to California 12% increase in residents moving out of state last year. In San Francisco Bay Area, it's even more stark. There was a 45% decrease in entrances from other states to the Bay Area and a 21% increase in residents leaving for other states.
People halting moves into a dense population center because the city shut down for covid is not the same thing as people "fleeing in droves for taxes". There are absolutely some people doing this, but you are making up connections and this is a lazy talking point.