Business realities weighed heavily in Shumlins retreat. His experts calculated the state would need an 11.5 percent payroll tax and an additional income tax of up to 9.5 percent. Thats California-style taxation. My health-care costs would have gone up by 61 percent if that plan had gone through, Win Smith, the owner of the Sugarbush ski resort, told reporters. If there were that 9 percent [income tax] on employees, many would have been paying more than theyre paying now. It would have been a lose-lose. Shumlin admitted it would be irresponsible for him to be pushing prematurely for single-payer when the risk of economic shock is too high at this time.
People who expected government-run health care to be cheaper than private health care have always been delusional. It's just that, until recently, those delusions haven't impacted health care policy.
This entry was published Mon Dec 22 09:29:25 CST 2014 by TriggerFinger
and last updated 2014-12-19 10:29:25.0.