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In all, the draft House bill runs more than 1,000 pages
Financing would come from a federal surtax on the upper income—up to 5.4 percent on the income of taxpayers making more than $1 million a year—as well as hundreds of billions of dollars in cuts in projected Medicare and Medicaid spending.
The legislation calls for an additional tax of 1 percent levied on those couples earning more than $350,000. Those with $500,000 in income would pay an extra 1.5 percent, according to the legislative documents.
Individuals who refused to buy affordable coverage would be assessed as much as 2.5 percent of their adjusted gross income, up to the cost of an average health insurance plan, according to the legislation.
That's why I think that any reform should wait until it's been modeled in a few cities and if and only if it's successful should they ramp it up for the nation.