No it is life. I have no idea why X person's health is bad so why do I care? If a person smokes for 40 years why do they get public dole for ruining their own health? I believe in helping people that need help not help from self-inflicted damage.
Under my universal Medicare A coverage along with the $400/month UBI benefit; everybody gets this benefit; also smokers would contribute more into paying more taxes by way of an increased 50 cent per pack of cigarettes. drinkers would also contribute into paying more taxes by way of paying a 50 percent increase in the excise tax on adult beverages alcohol content.
My proposed expansion of Medicare A into universal hospital insurance coverage (with $2,500 deductible per insured) would result in $900 billion of spending on Medicare A that would correspond with a $600 billion elimination of federal spending on medicaid. Medicare payroll taxes at current levels of taxation would pay the remaining $300 billion. A public option for Medicare B coverage would be financed completely with user premiums. ....
The approximate $1.14 trillion annual cost for a $400 monthly Universal Basic Income (UBI) benefit would be partly offset by a $459 billion reduction of federal government annual spending with a $127 billion elimination of spending on food stamps and agricultural subsidies. $112 billion on the elimination of federalized spending on education, $41 billion elimination of urban housing and development spending, elimination of $33 billion of federal spending on unemployment compensation, $60 billion reduction of social security disability payments, $3 billion elimination of renewable, fossil fuel, or nuclear energy subsidies, $23 billion reduction in foreign aid spending, $5 billion elimination of U.S. department of labor spending on job corp, job training services and community services for senior citizens , $65 billion elimination of military spending by way of ending the overseas contingency. So then, the net annual current cost of this $400/month U.B.I benefit is approximately $671 billion.
The overall estimated $671 billion annual current net cost of my proposed $400/mo U.B.I. benefit program along with universal medicare A coverage (with $2,500 deductible per insured person) could be paid for with the following modest tax hikes :
Increasing the top marginal federal income tax rate from 37% to 43% along with increasing the second highest top marginal federal income tax rate from 35% to 38%, an increase of the corporate tax rate from 21% to 25%, an additional 80 cent/gallon fuel excise tax, an additional 50 cent tobacco excise tax on each pack of cigarettes, a 50 percent increase of excise taxes on adult beverage alcohol content, a doubling of federal excise taxes on air travelers and national park visitors, and the reduction of the exemption on the federal estate tax from $10 million to $5 million , and a new tax that'd be a modest 4 percent national retail sales tax on new vehicle purchases.
Once anybody, who isn't in the top one percent of income earners, realizes he/she would receive far more in benefits ($4,800 a year in universal basic income along with hospital insurance coverage) than he/she would pay with my proposed federal excise tax hikes, he/she should be in favor of my proposed $400/mo. U.B.I. benefit with universal hospital insurance coverage. ....