California Democrat’s plan would raise taxes to fund single-payer health care

R&I – FS

Democratic lawmakers on Thursday announced a plan to fund government-run health care for all Californians, setting up a fight over raising taxes over the next month. The measure would rely on the Legislature passing new taxes on businesses and people making more than $49,900 per year to fund the program. Supporters of so-called single-payer health care say that, despite higher taxes to pay for the program up front, consolidating health care costs into one government program and moving away from private insurance would save money in the long run.

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RandyMarsh

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