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How to end paying for health care. 🚨 🚨 🚨
### Summary of Our Universal Healthcare Plan Discussion
**Objective**: To create a universal healthcare plan funded by a flat tax, with the goal of eventually eliminating the tax through smart investments and proactive healthcare measures.
1. **Current Healthcare Costs**:
- Average lifetime healthcare cost per person: $616,600.
- Total annual healthcare cost for the U.S.: $2.13 trillion.
2. **Flat Tax Proposal**:
- To cover these costs, a flat tax of 8.52% on all income would be needed.
- This tax would generate $1.704 trillion annually.
3. **Investment Strategy**:
- Invest the tax revenue in a mutual fund with an average annual return of 12%.
- Over time, the investment grows, and the returns can be used to cover healthcare costs.
4. **Proactive Healthcare**:
- Implement regular checkups and preventive measures to catch diseases early.
- This could reduce healthcare costs by up to 30%, lowering the annual cost to $1.1928 trillion.
5. **Long-Term Vision**:
- As the investment grows, the returns could eventually cover all healthcare costs.
- This could potentially eliminate the need for the flat tax in the future.
### Key Points:
- **Flat Tax Rate**: 8.52% on all income.
- **Investment Returns**: 12% annually.
- **Reduced Costs**: Proactive healthcare measures.
- **Long-Term Goal**: Eliminate the flat tax through investment returns
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