5 ms·

I don't think anyone disagrees that single payer requires higher taxes than we currently pay. so given that, you're trying to tell me that a state with the hig

I don't think anyone disagrees that single payer requires higher taxes than we currently pay. so given that, you're trying to tell me that a state with the highest taxes (much much higher than #2) in the nation, with the lowest housing affordability will attract more entrepreneurs than before? why? because the young and invincible will be choose cheaper healthcare over being able to live comfortably? I highly doubt it. this has nothing to do with whether or not single payer is a good idea. I just did the idea that people will choose CA over cheaper states just for that reason

ihaveajob 10y ago
I can't speak for everyone else, but the two reasons that were holding me back as an employee of a large corporation instead of starting my own company were employer-provided healthcare and visa restrictions at the moment. This measure would have eliminated one of those major constraints.
nickv 10y ago
I remember these arguments made when Jerry Brown first proposed the newer upper income tax bands in 2009. Considering, for a very long time, California's taxes have been the highest in the country (to be fair, definitely not "much much higher" than NYC,) last I checked it was adding jobs at a higher percentage rate than any other state. Do you really think there's been an entrepreneur exodus from the Bay Area and LA since 2009?
- deepnotderp 10y ago
  But don't you know? He learned in econ 101 that high tax rates are bad! Why he's Basically a Nobel prize winning economist!
DrScump 10y ago
I don't think anyone disagrees that single payer requires higher taxes than we currently pay I disagree, in the sense that I don't take that as a given. Remember, all of the current inefficiencies in and profits for the carriers go away and are instead fed directly into the system of care. The first problem is, how could the government simply take over? Eminent Domain? Constitutional amendment?
- SilasX 10y ago
  True, but the parent was speaking specifically to taxes alone, while your reply is referring to a different claim, about taxes plus healthcare costs.
- xienze 10y ago
  > I disagree, in the sense that I don't take that as a given. Well it depends who you're talking to. If you're poor, the impact on your income tax will be nothing. If you're like me, i.e. you have a fantastic employer plan with an annual premium amounting to ~4% of your annual salary, then you can bet your ass you'll be paying more in taxes and getting a worse product to boot.
dariopy 10y ago
CA #1? What are you talking about? The state with the highest tax burden is NY. CA doesn't even make it to the top 10. https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494/ https://wallethub.com/edu/states-with-highest-lowest-tax-bur...
- piedpiper_ 10y ago
  California has the highest income tax rate in the nation which directly impacts entrepreneurs starting a business (if they are successful and create wealth). Why would any sane person want to shave off an extra 13 cents for every dollar they make when they're already losing 40 cents per dollar from the federal government? This is why many entrepreneurs are choosing states with low or no income tax and leaving CA and their hyper-liberal state gov behind. [http://www.cpapracticeadvisor.com/news/12281147/irs-income-tax-rates-and-brackets-for-2017 http://www.cpapracticeadvisor.com/news/12281147/irs-income-t...]
  - FullMtlAlcoholc 10y ago
    > Why would any sane person want to shave off an extra 13 cents for every dollar they make when they're already losing 40 cents per dollar from the federal government? The beautiful weather, the beautiful people, the amazing weather, the topographical diversity that allows you to surf and snowboard on the same day, the amazing hikes, the national parks, the ability to bike to work year round. Silicon Valley "manages" to attract a lot of entrepreneurs, but maybe you think they're all insance? You could eliminate all taxes and I still wouldn't choose to live in Texas or Florida. You could increase my salary 10x and I wouldn't move to Nebraska, the Dakotas, Arkansas, Oklahoma, Kansas, or Iowa. Then again, you could hire for remote positions if you need devs.
  - SamPhillips 10y ago
    You mean, other than the insane people at: Apple, Google, Facebook, Twitter, Oracle, HP, Uber... Clearly some successful entrepreneurs find that the 13 cents to still be worth it to have access to the talent and ecosystem. Perhaps there is something about liberal policies that encourages more successful entrepreneurism. Massachusetts, with best-in-the-nation insurance coverage thanks to RomneyCare also as an outsized tech scene.

ihaveajob 10y ago

I can't speak for everyone else, but the two reasons that were holding me back as an employee of a large corporation instead of starting my own company were employer-provided healthcare and visa restrictions at the moment. This measure would have eliminated one of those major constraints.

nickv 10y ago

I remember these arguments made when Jerry Brown first proposed the newer upper income tax bands in 2009. Considering, for a very long time, California's taxes have been the highest in the country (to be fair, definitely not "much much higher" than NYC,) last I checked it was adding jobs at a higher percentage rate than any other state. Do you really think there's been an entrepreneur exodus from the Bay Area and LA since 2009?

deepnotderp 10y ago
But don't you know? He learned in econ 101 that high tax rates are bad! Why he's Basically a Nobel prize winning economist!

DrScump 10y ago

I don't think anyone disagrees that single payer requires higher taxes than we currently pay I disagree, in the sense that I don't take that as a given. Remember, all of the current inefficiencies in and profits for the carriers go away and are instead fed directly into the system of care. The first problem is, how could the government simply take over? Eminent Domain? Constitutional amendment?

SilasX 10y ago
True, but the parent was speaking specifically to taxes alone, while your reply is referring to a different claim, about taxes plus healthcare costs.
xienze 10y ago
> I disagree, in the sense that I don't take that as a given. Well it depends who you're talking to. If you're poor, the impact on your income tax will be nothing. If you're like me, i.e. you have a fantastic employer plan with an annual premium amounting to ~4% of your annual salary, then you can bet your ass you'll be paying more in taxes and getting a worse product to boot.

dariopy 10y ago

CA #1? What are you talking about? The state with the highest tax burden is NY. CA doesn't even make it to the top 10. https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494/ https://wallethub.com/edu/states-with-highest-lowest-tax-bur...

piedpiper_ 10y ago
California has the highest income tax rate in the nation which directly impacts entrepreneurs starting a business (if they are successful and create wealth). Why would any sane person want to shave off an extra 13 cents for every dollar they make when they're already losing 40 cents per dollar from the federal government? This is why many entrepreneurs are choosing states with low or no income tax and leaving CA and their hyper-liberal state gov behind. [http://www.cpapracticeadvisor.com/news/12281147/irs-income-tax-rates-and-brackets-for-2017 http://www.cpapracticeadvisor.com/news/12281147/irs-income-t...]
- FullMtlAlcoholc 10y ago
  > Why would any sane person want to shave off an extra 13 cents for every dollar they make when they're already losing 40 cents per dollar from the federal government? The beautiful weather, the beautiful people, the amazing weather, the topographical diversity that allows you to surf and snowboard on the same day, the amazing hikes, the national parks, the ability to bike to work year round. Silicon Valley "manages" to attract a lot of entrepreneurs, but maybe you think they're all insance? You could eliminate all taxes and I still wouldn't choose to live in Texas or Florida. You could increase my salary 10x and I wouldn't move to Nebraska, the Dakotas, Arkansas, Oklahoma, Kansas, or Iowa. Then again, you could hire for remote positions if you need devs.
- SamPhillips 10y ago
  You mean, other than the insane people at: Apple, Google, Facebook, Twitter, Oracle, HP, Uber... Clearly some successful entrepreneurs find that the 13 cents to still be worth it to have access to the talent and ecosystem. Perhaps there is something about liberal policies that encourages more successful entrepreneurism. Massachusetts, with best-in-the-nation insurance coverage thanks to RomneyCare also as an outsized tech scene.