Thursday, May 19, 2011

Flat Tax for Healthcare

Money we are forced to pay to the government is called a tax. Money we are forced to pay to the insurance company is called a premium payment. If we were to think of the insurance company as the government, then we’d call the “premium payment” a “tax.”

So think of Obamacare and Romneycare as examples of a mandate to pay a regressive tax into the governing authority called private insurance. I say its regressive … because a middle class person pays a much higher percent of his income for the premium than a wealthy person.

So instead of this regressive tax into the insurance cartel, why not a flat tax instead? Many right-wing conservatives preach the virtues of the flat tax as the Holy Grail. So why not?

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