Message from Deleted User in #FedsShallRiseAgain! #fed-discussion

here's the current budget Truman wrote

FEDERAL BUDGET: FY2018

Revenues:

Income Taxes: $ 1561.83 Billion
by tax bracket
0-13K 10%
13K-50k 15%
50K-130K 25%
130K-210K 28%
210K-413K 33%
413K-441K 35%
441K+ 39.6%

Corporate Taxes: $ 340.00 Billion
0-100K 0%
100K-1M 15%
1M-10M 21.5%
10M+ 28%

I wish he had given break downs for each line of text

each bracket I mean

I've been thinking about whether it's possible to add a new top rate of 49% for 1M+ and cut some lower rates

or something like that

Its possible

We also need to find some ways to raise more revenue for healthcare

I have some questions about that estimate

for instance

Mediciad has to funding sources

Federal and state

Is the state portions being included or not in their estimates

The other rather thing we could address budget wise is Social Security, though not immediately a big driver of the deficit

the state contributions are not included

for medicaid

That explains the shortfall then

or at least most of it

States account for 37% of Medicaid spending on average

Atlasian Healthcare ($1261.14 Billion)
$423.77 Billion... Senior Healthcare
$44.31 Billion.... Veteran Healthcare
$12.90 Billion.... Federal employees' and retired employees' health benefits
$388.98 Billion... Healthcare Subsidy (Medicaid (Federal Portion)+CHIP)
$36.44 Billion ... Healthcare Subsidy (Medicaid Underutilized Expansion Est. Fed Costs)
$338.85 Billion... Healthcare Subsidy (Sliding Scale for rest of population)
$15.89 Billion.... Healthcare Subsidy Office (HSO) and AtlasCare Office (ACO) Administration

here's the healthcare spending breakdown

So then it is not the shortfall

I was talking about the revenue side

You see we are already beneath RL

Medicare and Medicaid alone are

1.2 Trillion in RL

here's other revenue

Healthcare Taxes:
Healthcare Payroll Tax - $ 856.1 Billion
5% (2.5% on employees, 2.5% on employers)

ACA Originated Taxes:
40% Cadillac Tax - $ 0.00 Billion
0.9% Payroll Tax - $ 263.35 Billion
3.8% on Net Investment Income - $ 12.80 Billion

Excise Taxes:
Carbon Tax - $ 16.35 Billion
Gasoline Tax - $ 50.00 Billion
Tobacco and Alcohol Taxes - $ 24.20 Billion
Excise taxes on health insurance providers,
pharmaceuticals, and medical devices - $ 9.90 Billion

Customs Duties: $ 36.30 Billion

Other Revenue: $ 105.00 Billion

and see, it doesn't mention state contributions to Medicaid

Sp healthcare is under by about $200 billion

hmm

WE are going to need to do a bill to on the Medicaid situation

ok

Here is the problem

the budget is acting as if both the Spending and revenue still occurs at the state level

as if nothing had changed

But Medicaid doesnt' exist

anymore

So what is that money going to

so how exactly did atlascare affect that

Abolished Medicaid