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A friend recently said that one alternative solution to health care taxes would be to somehow "tax" the top 1% of wealthiest American's and corporations enough to the point of totally covering all of the U.S.'s uninsured citizens.
Not sure if this is something Maher or Stewart suggested, but I was curious and did very simple math. At 48 million uninsured (before ACA starts), multiplied by the average $6,800 per capita (person??) comes out to be something like $300 billion. A lot less than I thought, but obviously no corporation would ever want to take part in that big of a bill.
My question is, is my math actually right? Does my friend have a point, or is it permissible at best? Not sure what other factors are / aren't missing from the math.
Looking for an intelligent discussion on this one, thank you!
Additional Details AGAIN, I'm looking for intelligent conversations involving math and numbers. Not rhetoric, I've already heard plenty of that. So far "A Hunch" is the only one to give a considerable answer.
Not sure if this is something Maher or Stewart suggested, but I was curious and did very simple math. At 48 million uninsured (before ACA starts), multiplied by the average $6,800 per capita (person??) comes out to be something like $300 billion. A lot less than I thought, but obviously no corporation would ever want to take part in that big of a bill.
My question is, is my math actually right? Does my friend have a point, or is it permissible at best? Not sure what other factors are / aren't missing from the math.
Looking for an intelligent discussion on this one, thank you!
Could top 1% pay for all of the uninsured people in the U.S.?
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