The government then has to pick up the bill, which is paid for in taxes. Typically once government gets its hands on something, the price goes up, not down. I do not see this saving anyone any money.
How do you ensure lower healthcare costs to low income people without big tax increases or deficit spending?
Most people could have purchased a home they can afford too.
Without outsourcing, business have higher costs of operating. We already have the second highest business tax rate in the world. It is hard enough on business already.
I find it dubious that saving money on health care is going to save your house either. Before I was covered at work, I paid $1000 a year, which covered everything except buying medicine.
How many wealthy people do you think are going to just sit around and have you tax them at huge rates? Most will just leave the country. Then you are out of luck. Most start up companies will simply start up overseas as well. That is not good either.
Another thing, with the stock market fall, a lot of "rich" people are not really all that rich. This makes the base that you can tax even smaller.
