Message from NCY1689 in #FedsShallRiseAgain! #fed-discussion
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
and incorporated it into the subsidy
So the entire cost of Mediciad is borne through the subsidy at the federal level
Our deficit is thus worse than what the GM department says
💀
We need to find a way to transfer that state revenue to the federal level to cover the state portion presently not included
that 39%
is about $234 billion
which is the same amount that the deficit is undervalued by
1,134 Trillion
or somewhere around there
yep
The good news is this is funded
the money is just sitting in the wrong place
1.138 T
We have to find a way to get that money kicked up to the federal level
Either with regional agreements,
or with them cutting the taxes that pay for it and us enacting them federally
That gets us back to $900 billion
Then we come up with the rest of the shortfall presently in healthcare
I think we can get the regional governments to cough up some money
which appears to be about $200 billion
so $700 billion deficit