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Home Front: Politix
Spoiler alert: VT state senator details cost of single-payer health care
2014-12-08
Although his bill never became law, the senator has a clear picture of what Vermonters can expect when Shumlin reveals his single-payer financing plan in January — a plan that will attempt to lay a $2.2 billion
(that's a LOT of Maple Surple!)
tax on the backs of about 630,000 Vermonters.

“If you do it on the sales tax, it would require a sales tax of 30 percent. If you do it on the income tax, you would have the bottom rate be 15 percent and the top rate be 30 percent. That would make the top effective tax rate in the state of Vermont about 73 percent,” Galbraith told Vermont Watchdog.

According to Galbraith, such taxes are highly impractical, making the only real options a payroll tax, mandatory premiums or a combo.
Posted by:Shinenter Thrasing007

#7  Vermont, California, Illinois....a common thread.
Posted by: Besoeker   2014-12-08 11:46  

#6  KBK - Vermont's story is similar to California's - just a different immigrant group.
Posted by: Glenmore   2014-12-08 11:42  

#5  That's $3500 per person, per year.

Wikipedia has interesting demographic and economic sections.

As of 2009, 47.8% of Vermont's population was born outside the state, with first and second-generation Vermonters representing a majority of the population. The changing demographics between those with multi-generational ties to the state and those who are newcomers, bringing different values with them, has resulted in a degree of tension between the two perspectives. This tension is expressed in the terms, "Woodchuck", being applied to those established in the state, and "Flatlander", applied to the newcomers

Apparently, the flatlanders took over the government.

After major growth from the 70s to the end of the century, VT has flatlined. There has been essentially no growth since 2010.

From 2010 to 2013, 16 out of Vermont's 251 towns experienced an increase in population. All towns in Chittenden increased with the exception of Burlington. More than 180 towns experienced a decrease which hasn't happened since the mid-19th century.

Of the immigration which has occurred, half came from outside the US. I've got a good guess where it is from.

Posted by: KBK   2014-12-08 09:59  

#4  Payroll tax=paid by customer.
Mandatory premium=paid by customer.
Ain't no free lunch!
Posted by: tipover   2014-12-08 09:16  

#3  There's no free lunch.
Posted by: Procopius2k   2014-12-08 08:42  

#2  But they enjoy drinking at the progressive well. They always have. No fok'n sympathy from me. Have a nice day libtards.
Posted by: Besoeker   2014-12-08 01:49  

#1  Well, you all knew this was coming, Vermonters will not be the only people feeling the financial or other effects of Obamacare Rx...

Posted by: Oscar Brown3071   2014-12-08 01:27  

00:00