Forum Post: A public option healthcare plan would need a 15% VAT.
Posted 12 years ago on April 2, 2012, 12:48 a.m. EST by aflockofdoofi2
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That VAT would fall heavily on the young and the poor. Every man, woman, and child would have to pony up about $700 to a $1000 month to fund a public option.
At 15 %, if everyone had to "pony up" $1000 a month, they would have to be spending $15,000 a month?
In Australia, we pay less than 2% of our gross income over a cut-off figure around ten grand, for our "free" public health plan. No dental included.
Bump.
This is the only way a public option will be funded, like in Europe today. The only way to get the money needed is to tax people who dont get sick, the young and healthy.