The McKinsey Report suggests that savings would be greater than this pie chart shows.In Ohio, they're proposing a payroll tax increase — but only by eliminating the $90,000 cap. They'd collect it on all payroll income, plus a 5 percent surcharge on income earned beyond $200,000.
They would also have an employer tax of up to 3 percent and an income tax increase of up to 3 percent — depending on what costs actually were. Because despite all the modeling, we don't know how much we'd save by eliminating the gross inefficiencies of our current system. It might be just 1 percent in both catagories.
I've seen another model recently that showed that if a person made more than $200,000 a year they'd pay more for healthcare under that single-payer system. Everyone else would pay less.
Which would you prefer: People who earn $250,000 a year paying perhaps $4,000 more annually for healthcare, or people dying because they can't afford it at all?
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