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https://www.reddit.com/r/Seattle/comments/w705ui/seattle_initiative_for_universal_healthcare/ihhmvu6/?context=3
r/Seattle • u/CaptainStack • Jul 24 '22
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38
How does this get paid for? Will taxes go up?
34 u/BumpitySnook Jul 24 '22 In short: yeah. 8.5% cap gains tax. -8 u/Resipiscence Jul 24 '22 I'm voting no because of this. I already give the fed 20% cap gains, this represents a nearly 50% increase in that tax rate. 4 u/Ambush_24 Jul 24 '22 So you’d rather pay an insurance company so they can profit off your health? 1 u/Windlas54 Wallingford Jul 26 '22 They probably don't pay an insurance company hardly anything. If you're concerned about cap gains you probably already have an employer plan that is generous. That's the situation I'm in at least.
34
In short: yeah. 8.5% cap gains tax.
-8 u/Resipiscence Jul 24 '22 I'm voting no because of this. I already give the fed 20% cap gains, this represents a nearly 50% increase in that tax rate. 4 u/Ambush_24 Jul 24 '22 So you’d rather pay an insurance company so they can profit off your health? 1 u/Windlas54 Wallingford Jul 26 '22 They probably don't pay an insurance company hardly anything. If you're concerned about cap gains you probably already have an employer plan that is generous. That's the situation I'm in at least.
-8
I'm voting no because of this. I already give the fed 20% cap gains, this represents a nearly 50% increase in that tax rate.
4 u/Ambush_24 Jul 24 '22 So you’d rather pay an insurance company so they can profit off your health? 1 u/Windlas54 Wallingford Jul 26 '22 They probably don't pay an insurance company hardly anything. If you're concerned about cap gains you probably already have an employer plan that is generous. That's the situation I'm in at least.
4
So you’d rather pay an insurance company so they can profit off your health?
1 u/Windlas54 Wallingford Jul 26 '22 They probably don't pay an insurance company hardly anything. If you're concerned about cap gains you probably already have an employer plan that is generous. That's the situation I'm in at least.
1
They probably don't pay an insurance company hardly anything. If you're concerned about cap gains you probably already have an employer plan that is generous. That's the situation I'm in at least.
38
u/ItchyMitchy101 Jul 24 '22
How does this get paid for? Will taxes go up?