Would you be willing to pay higher taxes to provide quality care for your family members’ long term care? Why or why not?
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Yes, I think I would be willing to pay higher taxes to get better care. My parents are getting older, and someday I will need to pay for their care. It is absolutely terrifying. They have gone through it with their parents, and money was tight. I do not want that to happen to them.
I might be willing to pay slightly higher premiums to an insurance company for better long-term care, but not to the government. The government does not have the incentive to provide quality care--they are not in competition with anyone else.
I second the thoughts made in the previous post. I would have no problem paying increased taxes if I knew the money would go toward my family's future. However, our government and politicians cannot be trusted to use the money as promised, so I would not be happy with tax increases that will only be wasted by the people we elect to serve us.
It is unlikely that I would be willing to pay more on taxes for long term care. I think the government has shown itself to be irresponsible with this type of program. They are unable to regulate the costs and manage the funds appropriately. It is far more likely that I would save the same amount that might be charged in taxes to fund myself and my family's long term care independently. I do believe that long term care is important. With older in-laws and several grandparents still living, I understand the benefits to long term health care plans and the consequences of not having enough. I do not disagree with long term health care, but I do disagree with being charged more taxes to fund a government sponsored program. I just don't think the government has a good, proven track record when it comes to managing this type of program. The social security, welfare, Medicaid, and medicare programs illustrate that point.
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