The tax increases required to implement California’s expensive government takeover of healthcare would cripple the state’s economy. Unable to make enough to cover the massive costs with an income tax hike of 15%, California would need to also jack up the sales tax rates across the state, and that would make the cost of living unbearable for most – and it still wouldn’t be enough to fund the single-payer healthcare plan.
After detailing California’s single payer healthcare plan, it was mentioned that the state still has no plan to fund this government takeover. Anyone who knows anything about economics understands that not only is taxation theft, but the higher the taxes, the harder it is to get by on a daily basis. SHTFPlan already detailed that life in Los Angeles is difficult, and the numbers of homeless have proven that. Additional taxes would simply add to that crisis. For those who have trouble putting two and two together, Los Angeles is in California.
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