Earlier quoted context omitted.
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You and I have different definitions of "billionaire".
NY Senate Bill S5474 proposing a universal single payer health plan for NYers
181–190 of 569 posts
Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#182Earlier quoted context omitted.
> The young should not pay for the healthcare of the elderly. Why?
I think funding the elderly is a lofty goal, but I don't see a good intellectual argument for FORCING our children to pay for our healthcare. You shouldn't view your child (nor your neighbor's child) as your own personal piggy-bank to extract from when you get ill. IMO our goal should be to hand down resources from parent to child, not the opposite direction. If I made this story a bit more personal and wrote ("I am…
Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#183Coming from a country that has this, there should be caution: it gets more affordable, but you get what you pay for. In my country of origin, you get a partially-paid-for ride to the emergency room, where you pay for things like casts, non-ward rooms, dental care out of pocket. There is no prescription coverage. There is no optometry coverage. I would wait significant chunks of a year for procedures and diagnostics.…
> If NY does this, the near zero chance of my moving there ever would go to absolute 0. Are they proposing kicking you off your insurance? From the bill: > SUMMARY OF SPECIFIC PROVISIONS: Every New York resident will be eligible to enroll, regardless of age, income, wealth, employment, or other status. There would be no network restrictions, deductibles, or co-pays. Coverage would be publicly funded. The benefits wil…
Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#184Earlier quoted context omitted.
You paid much more than that. A substantial part of your rent is property taxes. I also doubt you included sales taxes in that number. Then there's more esoteric stuff like tariffs, etc
You can't just assume tax increases directly lead to increased 1:1 consumer prices, that's not how supply and demand works.
Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#185Earlier quoted context omitted.
That's 60% marginal rates. Last year I paid 17% of my total income in taxes.
You paid much more than that. A substantial part of your rent is property taxes. I also doubt you included sales taxes in that number. Then there's more esoteric stuff like tariffs, etc
Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#186Earlier quoted context omitted.
You paid much more than that. A substantial part of your rent is property taxes. I also doubt you included sales taxes in that number. Then there's more esoteric stuff like tariffs, etc
NY has low property taxes compared to most no-income-tax states
My parents lived in North County and paid 13k+ a year on a $350k house. Their current place in Tampa is about 400k and the taxes are less than half of what they were in NY. Maybe Florida is a special case?
Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#187Earlier quoted context omitted.
I’m a Canadian living and working in the US and I’d take the Canadian system any day of the week. I think it’s crazy that your access to healthcare is dependent on your employment.
But it's also crazy that your access to healthcare is based on how the government prioritizes your need of it. I agree with the idea of public healthcare, but not as a legislated monopoly. And that's true for government services generally. Monopolies don't benefit anyone except the monopolist, and competition makes everyone stronger. If the government wants to use it's buying and borrowing power (and maybe even taxat…
Triage is a pretty universal concept.
Healthcare has difficulty with competitive market effects because the amount anyone is willing to pay to live is essentially infinite.
Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#188One thing I don't understand is how you can make healthcare "equal" in the sense that it will stand up to court challenges in the U.S. Free speech is a self-service right, so the government can just step out of the way and everything is fine. But healthcare requires the government to do a lot. Not doing something equally (like stepping out of the way of free speech) is easier than doing something (like healthcare) eq…
Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#189Re: NY Senate Bill S5474 proposing a universal single payer health plan for NYers
#190Earlier quoted context omitted.
OP sounds to be arguing the opposite. One lives in a low tax state while earning money / paying taxes, then retires to a rural part of NY / CA to receive tax-payer-backed benefits without paying for them.
Having a bunch of (medicare-covered) retirees (with no school-age kids) spending their (taxable) social security income in NY / CA sounds pretty great. Much better than losing them to Florida or Arizona. Bonus if the states get to tax their estates in the end.