weekly blog--one for the ages
It’s hard to believe that nearly half of voters in the US want four more years of chaos. Given the divide, maybe it’s time to take a page from Medicare and offer states different plan options. In doing so, it would allow states with similar interests to work together toward mutual goals.
Plan A would provide basic coverage that every state would be required to have, and it would be paid for through the lowest tax rate. Plan B would offer additional benefits at a higher tax rate. And Plan C would be like Medicare Advantage and offer a comprehensive benefits package at still a higher rate of taxation.
Coverage under each plan would have to be defined, and the financing and related tax structures worked out by the accountants. And within that, the tax system should be simplified where annual payments are based on a graduated scale based on income without any allowable deductions.