They have to save nothing, they just carry it as debt until their tax return is filed and then government pays it. If you never file, then yeah, you are on the hook.
The problem with that is that it requires that people either have enough saved to pay for their healthcare or they finance it until they get that tax return.
Do you seriously believe not filing taxes is a big problem? There are plenty of harsh penalties for that already. What problem are you trying to fix here?The healthcare debt is paid in full by the government after you file your tax return which is yearly for most people. It allows checks and balances on eligibility and help keeps the tax system honest, since more people will want to file their taxes to get their healthcare debt paid by the government.
You'll see universal "payer" before you see universal health. Two very different things. Right now close to 50% of the US is covered by Medicare, Medicaid or the VA. All federal payers. Unifying and folding them into a universal plan is a much straighter path than having fully government operated health care facilities.
They have to save nothing, they just carry it as debt until their tax return is filed and then government pays it. If you never file, then yeah, you are on the hook.
Lordy, you've never remotely been involved with trying to a run a business or learned about the concept of cash flow have you?
I have a perfect 850/850 for my FICO score. I am fairly competent with managing cash flow.
You don't seem to understand the concept and how it applies to a business.
They have to save nothing, they just carry it as debt until their tax return is filed and then government pays it. If you never file, then yeah, you are on the hook.
FICO goes to 900...I have a perfect 850/850 for my FICO score. I am fairly competent with managing cash flow.
I'm throwing a dart at the problem to create a starting point. There might be some flaws in it and it needs to be modified. It is just an idea!
FICO goes to 900...
Your FICO Score powered by Experian data can range from 300 to 850 and can influence what credit is available to you, how much interest you’ll pay and even things such as your utilities and mobile phone options. Use the slider on the left to learn more about the different score ranges.
So how would you modify it? So far when the flaws have been pointed out you've attempted to hand wave it away. If you're really interested in a discussion you should be prepared to address criticisms as they are identified and propose solutions. So far you've just ignored the issue of who is supposed to carry something around $1T in expenses until tax time rolls around.