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

[ProSense]

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%)
	0 DU members did not wish to select any of the options provided.
Show usernames Disclaimer: This is an Internet poll

[Wounded Bear]

1. Assuming it should be pre-Income Tax, sure...I'd love it....

Cheapest form of healthcare: cover everybody for everything. Everybody pays who can, through a payroll tax like this.

ps...even if it isn't "pre-tax" it's a steal. They'd probably cap it against higher incomes, but if they generate enough revenue to finance the program, I could live with that.

[NoOneMan]

2. 5% flat is absurd. It should have a marginal system where upper classes pay a higher percent

[ProSense]

9. It's not flat. There is a higher rate

10 percent and 15 percent for the the top 5 percent and 1 percent.

[gollygee]

3. What medical expenses would I have after that?

If it covered prescriptions and doctors' visits, then yeah easily because I'd be paying it to the tax instead of for the prescriptions and doctors' visits.

[taught_me_patience]

4. The question should be "would" not "could"

Who "couldn't" be able to afford 5% of agi?

[Victor_c3]

5. 5% would be less than I pay right now for my family's healthcare

(and I bring home roughly $90-$95k a year)

[NuclearDem]

6. The 1% can get this one.

They owe us for saving their bankster asses.

[dipsydoodle]

7. Probably equates to overall UK NHS rates

other than the additional amounts for the top 5 percent and 1 percent. That issue would be complicated here by no such tax being payable on either dividends or interest i.e unearned income.

[fitman]

8. Instead of all the 5% placed upon income how about

3% income and 1% sales tax?? (food and clothing exempt) and 1% on import tarriffs on countries like China who screw us?

$100-150k is a boat load of money in my state (ohio) but not much in some states and large cities..just as a $150k house in my state is a $500-600k house in CA.

The 7% tax on employers?? They are going to not hire and make people do 2-3 jobs and work them like a dog. My wife has a small business an additional 7% would be hard to handle..not all businisses are rolling in money as much as some believe ..many are just scraping by..we have not had a real vacation in 4 years and she is driving around in a 2002 car with high mileage ..that is no BS

[GreenStormCloud]

10. Already paying more than that. For me it would be a savings. N/T

[Downwinder]

11. 5%, I'm paying 30% now for Medicare, Medigap, and Part D.

[Jamaal510]

12. No because

I don't even work right now; I'm on a fixed income from my school. Though I would definitely love to see the country go forward from Obamacare to single-payer.

[kestrel91316]

13. I'm poor as a church mouse these days, but I'd move heaven and earth to

pay that little for SINGLE PAYER.

[ProSense]

14. It's definitely a great deal. n/t

[Boom Sound 416]

15. In addition to current rates?