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May 18 2017

New York State Passes Fiscally Insane Socialized Medicine Bill

For those who have not yet escaped New York, now might be a good time — before the state Senate becomes as progressive as the Assembly, which has just passed a bill that would more than double taxes so as to impose socialized medicine:

The “Medicare-for-all” bill—designed to provide health insurance to all state residents—passed the predominantly Democratic Assembly Tuesday afternoon…

The bill has passed the Assembly twice before, but then stalled in the more conservative and currently Republican-controlled state Senate, as it is expected to again.

One of these days it will get through the Senate too. Although Andrew Cuomo has been noncommittal, I wouldn’t put it past him or the next moonbat governor to sign it.

The program would require some $90 billion annually in new tax revenue, analysts said. [Sponsor Richard] Gottfried [D-Manhattan] said it would be partly funded through a progressive increase in state payroll taxes.

To put that in perspective, last year New York currently collected a total $71.6 billion in taxes. Its already infamously excessive taxation would have to be more than doubled.

If the history of government programs is prelude to their future, the $90 billion would only be a starting point. Meanwhile, the tax base would get the hell out of there. We’ve seen what people would do to escape East Germany and Cuba. Crossing state boundaries is much easier.

Then the Democrat Death Spiral will turn the entire state into a massive Detroit.

New York will follow the money it wastes down the tubes.

On a tip from Sean C.

5 Responses to “New York State Passes Fiscally Insane Socialized Medicine Bill”

  1. Dan Northrup says:

    So your saying it will cost 90 billion to attend to the basic healthcare of 20 million puting the cost of each man, woman, and child at 4500 annually. This is 375 per month, per person which might be doable if they were exempt from having obamacare.

  2. Occam's Stubble says:

    OK Texans, they’ll be coming in mostly via I-30 and I-10 but send an armed platoon to I-40 in the panhandle just in case. Also, get somebody up to the Red river on I-35 in case they make a left turn at Oklahoma city.

  3. KauaiGoneGin says:

    Note to New Yorkers looking to escape the financial burden…go to California. Don’t bring your liberal socialist ideology to red states.

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  5. […] New York, whose Assembly recently passed a bill that would more than double taxes so as to impose single payer healthcare, may not be the first state to go bankrupt on behalf of socialized medicine. When it comes to moonbattery, California is not to be outdone: […]

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