The per-capita income in the US is $42,693. If we taxed 3% - TopicsExpress

The per-capita income in the US is $42,693. If we taxed 3% exclusively mandated for Medicare, and instituted a single payer system, the annual tax per person would be approximately $384 billion (YES WITH A B) per year. Those funds would be delivered to state governments where then can then fund hospitals, local doctors offices, create their own single payer systems with state-owned hospitals and doctors offices if they choose, or create a master insurance policy and have private practices bill the government directly for services performed.

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