Subject: Re: Buffett’s view on current account deficits
How much higher would the VAT have to be to add in universal health care?

We already have almost universal health coverage. The problem is it's a mish mash. Many people are covered by corporate benefits. The elderly are covered by Medicare. The poor are covered by Medicaid. Veterans are covered by the VA. And many of those who fall between the cracks are covered by the ACA. So to reach universal health coverage we mostly have to shuffle the funding sources, not add much net new funding at all.

Elan