Thứ Tư, 30 tháng 10, 2019

[Discussion] Universal healthcare is cheaper.

The average American has a 20% income tax rate, meaning out of the $52,000 a year that they make, they pay $10,400 in income taxes a year.

The average English person pays 20% in income taxes as well, meaning out of the $33,000 a year (converted to US dollars), they pay $6,600 in income taxes a year.

Averaging between individual and family insurance plans, and including healthcare costs, the average American spends $17,000 a year on healthcare/insurance.

The average English person pays roughly $1,500 a year for healthcare, which is paid for by general taxes and thus doesn't add to their 20% tax rate at all.

The average American thus has 32.2% of their income taken away from them to pay for healthcare/insurance, ON TOP OF the taxes that they're already paying.

The average English person has 4.5% of their income taken away form them to pay for healthcare.

My conclusion, public funded things are cheaper to the individual than private funded things.



https://ift.tt/eA8V8J Submitted October 30, 2019 at 03:59PM by Mechaghostman2 https://ift.tt/32UcUF3

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