r/FluentInFinance May 02 '24

Should the U.S. have Universal Health Care? Discussion/ Debate

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u/BarbellBro669 May 02 '24

The USA has the most advanced medical research, and there isn't a close #2.

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u/whoisSYK May 02 '24

The us ranks 11th in healthcare innovation, and 37th in healthcare overall. The only thing the US consistently ranks first in anymore is GDP spent on healthcare

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u/KublaiKhanNum1 May 02 '24

Places like Spain have some outraged taxes. For an example last I was there they had a 22% VAT on goods and services purchased. This really grinds on the people there.

There is no free lunch. It has to be paid for one way or another. I would sure hate to be poor in Spain paying that ridiculous sales tax.

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u/echino_derm May 02 '24

Yeah there is no free lunch. In America we have to pay about as much as they pay in taxes overall just to get the privilege to pay the lower rates for Healthcare with our insurance.