The End of Welfare as We Don't Know It
Max Sawicky
sawicky at epinet.org
Sun Oct 18 22:41:56 PDT 1998
> . . . Note how good WW II was for profits, though they were taxed at
their highest rates ever, peaking at 55% in 1943. If taxes had been that
high in early 1998, the government would have $182 billion more revenues.>
That, plus $250b out of the Pentagon, could finance a pretty generous
public health insurance system, Max.>
No it wouldn't. I noted in a previous post total
U.S. health care costs are over $800 billion. If
you rolled in all the medicare/medicaid money, you
still might be short.
Also, "$250b out of the Pentagon" would leave about $20b.
MBS
The Planet Earth
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