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Joined 5 years ago
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Cake day: October 7th, 2019

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  • Dragon@lemmy.mltoLemmy Shitpost@lemmy.worldSaint Luigi
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    4 hours ago

    Under current economic conditions, economic wealth is necessary for the functioning of the economy. Some (including me) would advocate for a redistribution/government seizure of capital, but I don’t know of any economist who doesn’t see it as a problem if the wealth is lost altogether. If taxes are imposed on a national level, it is less likely that the wealthy will flee to other countries than it is if they are imposed on a state level. Unless the government seizes all capital, or bans capital flight, there will always be a risk of losing that wealth to emigration.



  • Dragon@lemmy.mltoLemmy Shitpost@lemmy.worldSaint Luigi
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    14 hours ago

    I understand that it saves money overall. I don’t understand how it could save money for individual high-income tax payers. At some earning level, your taxes will be raised by more than you would pay for insurance. Even under a flat tax, that has to be the case, right? You would need a regressive tax to actually make it beneficial to every single resident.


  • Dragon@lemmy.mltoLemmy Shitpost@lemmy.worldSaint Luigi
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    15 hours ago

    I’m conceding that it might not always be the case. I don’t have an answer to your question because I don’t feel like doing the research and math to figure out what the top earners would pay in any given state under universal health insurance. It seems to me obvious that it would represent a large tax increase, and that that increase would disproportionately effect top earners. If you have reason to believe it would universally save people money, I’m all ears for a reason or argument.




  • Dragon@lemmy.mltoLemmy Shitpost@lemmy.worldSaint Luigi
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    17 hours ago

    That may be the case, but do you have any evidence or reasoning? There are a certain number of people right now who don’t have insurance or who have very bad insurance, and a universal insurance would have to have to make up what’s missing for those people.




  • Dragon@lemmy.mltoLemmy Shitpost@lemmy.worldSaint Luigi
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    1 day ago

    It’s only cheaper if you consider current healthcare costs. It would require tax increases, and under current progressive tax models, those would be disproportionately high for the upper class, for whom the increase would not offset the elimination of their healthcare premium.