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Originally Posted by Street Pharmacist
Again, while that is true, you will have to convince the electorate that they should stop paying premiums to private providers and start paying taxes to the government to provide that care. It ain't happening
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So apparently if the US adopted universal health care and implemented it correctly it would save so much money that it'd be able to be able to eliminate personal income taxes altogether. So in effect you might actually end up having to pay less taxes altogether. If lobbying dollars weren't involved and political will/cooperation (which would never happen mind you) you might be able to sell this to the electorate as a tax break and an elimination of private health insurance. Though that would mean hospitals, doctors and administrators would have to take a pay cut in the US.
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In the year 2010, if we had had the French health care system, which is one of the most expensive in the world, it would have provided universal coverage and it also would have saved us so much money that we could have eliminated the individual income tax that year and all else would have been equal. Our excess health care costs above those of the French were a little over 6 percent of the economy and the income tax in 2010 brought in about 6 percent of the economy.
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http://billmoyers.com/2013/10/03/the...el-ripped-off/