Quote:
Originally Posted by Rathji
I am assuming if basic medical coverage for everyone would be insituted, that you would no longer need that portion of your insurance. ie plans would change and go down in cost, to reflect the fact that no one needed them.
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Oh, well, yes, I suppose that could be a possibility.
I'm not sure why the incremental reduction in premium costs (presuming that such would occur) to reflect the reduction in insurance coverage should give rise to a corresponding tax increase, however, particularly as applied to higher-income taxpayers.