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I am speaking from personal experience. Taxes raise the price of goods to extraordinary level in the countries with extraordinary social services. Given my druthers, with no money I'd still prefer medical treatment in the US rather than overseas- it's immediately available regardless of ability to pay- in 'free' health care countries it is rationed due to a lack of specialist care as well as limited equipment availability. You can get 'free' care but you might find yourself waiting until your at deaths door.
Dano
So you're unaware of people suffering, if not dying, from lack of health care. And I wonder why people go bankrupt if they could access that wonderful "free" but "fanstastic" health care in America. Got tips to share with others? Then tell me how it is good for the business.
Oh, we just have such differing ideas on health care. Here, if you are diabetic and in a coma the hospital will stabilize you and then throw you back where you came from. You still cannot afford your insulin, so you keep going back and forth until dead. No, we give emergency care to the poor. How about annual checkups, do they get them?
Often we go to a hospital for one thing, get treated and are released.
In the UK they give a full medical checkup before they let you go. They have an interest in keeping you well.
This was not so much of an issue for me when there were enough jobs for everyone. If someone did not like the company's insurance they could just quit. Now, with so many middle class folks losing everything, this is an issue for me. This next generation is going to have things a lot harder than I did.
I guess we could trade stories about which system is worse- no treatment because of limited resources or no treatment because of money. There are in fact ways for a diabetic to receive insulin with little or no cost- like Walmart for ~$16 a month. Can't afford that? Contact the company, they have charity programs.
I was speaking from personal experience.
Heart care by a Gastroenterologist (saw him 3 times in 10 days)- no Cardio available; Nurses the rest of the time
'shared equipment' (heart & O2 monitor), 'You won't need it for a bit, we'll have it back in no time'
6 day wait for MRI- 'sorry, schedule is booked up'
new patented drugs unavailable- dated generic drugs used instead.
And no complete medical exam before release..............
I'm American BTW. I've been to the ER with no insurance and screamed about the cost. Now I have insurance that costs less the the tax bite in the UK for 'free' medical care.
So you're unaware of people suffering, if not dying, from lack of health care. And I wonder why people go bankrupt if they could access that wonderful "free" but "fanstastic" health care in America. Got tips to share with others? Then tell me how it is good for the business.
No, I'm fully aware of the state of affairs for those without insurance.
I'm also fully aware of how severely 'national systems' are impacted by the lack of money in the system. Few specialists, limited availability of modern drugs, and fewer hi tech diagnostic tools.
Simply stating my opinion of which system is best, based on personal experiences.................
For those that feel taxation of the wealthy, businesses, and the like is what we need, I’d suggest looking into it further. If our country’s corporate and payroll taxes aren’t among the highest in the world, we’re very close to the top. All this does is drive businesses off shore. Couple this with more lax regulation, no EPA, or OSHA, and the situation gets even worse. Then there are virtually no labor laws, so not only is there cheap labor overseas, but it’s borderline slave labor. I believe that America is one of the few, if not the only, major country in the world that hasn’t signed the international child labor law. Hence, we can import goods that were made by children that are paid virtually nothing. All this is bad for American domestic production, and very good for third world nations.
For an example of how stifling taxation works against our jobs, consider my homes state of Pennsylvania: Pennsylvania has some of the highest corporate tax rates and tax/tariffs/fees on tractor-trailers. Hence, many companies that stay within the country leave my state. Moreover, there are very few trucking companies that are based in my state. Now my area is the central trucking hub for the Northeastern United states. What the companies do is open an bogus home office in Rhode Island or North Carolina for example, but keep their operations in Pennsylvania to avoid the state’s oppressive taxes and the like. As an example of a Pennsylvania company that just left my state, Carlisle Tire has moved to Tennessee. They cited tax breaks, incentives, and low fixed utility rates offered by Tennessee. I’m sure that once these expire, Tennessee will still be exponentially cheaper than Pennsylvania. Carlisle Tire was founded in Carlisle, Pennsylvania. Since 1917, it’s been in business there, but we lost it due to ridiculous tax rates.
While I don’t like companies moving to other states and especially off shore, it’s completely understandable. Since the average American doesn’t care until it’s too late, what’s to be expected? This really saddens me beyond my ability to describe with words. I’ve personally got to see my country, state, and town go from a booming manufacturing #1 in the world class A producer of durable goods, to teetering on verge of 3rd world status within the four and a half decades I’ve been here. I wish there was a quick solution, but I can only foresee this country’s painful decline and ultimate demise in the years to come, so yes, I believe what's good for buisness in America, is ultimately good for the average working class American, the lion's share of our population.
I believe it is true. The Founding Fathers framed the Constitution in a way that it supported commerce. That is why the country flourished. Our country was founded on business from the very beginning, tobacco. We as a little colony progressed. In a few years we already lived longer and were even taller than our european counterparts.
What people do not want to accept is that in business there are people that loose and others that do not. Some people believe EVERYBODY needs to be wealthy as everybody. We are free to Pursue Happiness as we see fit. The Constitution does not guarantee a home or employment. It was designed for us to pursue a job or not to do so. We reap the consequences for our decisions and we should respect that even if that means some people do not have what others have. Should we leave people rotting on the street because some of them mad bad decisions in life? No, but I do not believe we hurt business in socialist programs to help them either. Actually, many socialistic type programs have hurt people. The more we interfere with business the more we have hurt ourselves. So to me business has been good to America, take care.
What's good for business is indeed good for America. If you are in the top 10% that own America that is. The rest pay outrageous regressive taxes and monopoly prices while the top get government subsidies and bailouts when their rigged markets fail. Like the aristocracies of old we are headed for an economy of plutocrats and peasants. It, as the movie said, is "Great to Be King".
What's good for business is indeed good for America. If you are in the top 10% that own America that is. The rest pay outrageous regressive taxes and monopoly prices while the top get government subsidies and bailouts when their rigged markets fail. Like the aristocracies of old we are headed for an economy of plutocrats and peasants. It, as the movie said, is "Great to Be King".
What rest? If you look at the bottom 50% they do not pay much in taxes. If I remember the top 10 maybe 20% pay most of the taxes. The rest of the bunch gets a lot of from the taxes paid by the top earners.
The bottom does not get subsidies? Got to a welfare program office and see who are the ones getting food stamps.
Now, look at the top earners and see how the loopholes they use on taxes mean money for the ones sitting down waiting for those at the bottom, take. Oh! That is besides the huge amounts of money donated to scholarship programs and countless other non-profit organizations, take care.
What rest? If you look at the bottom 50% they do not pay much in taxes. If I remember the top 10 maybe 20% pay most of the taxes. The rest of the bunch gets a lot of from the taxes paid by the top earners.
The bottom does not get subsidies? Got to a welfare program office and see who are the ones getting food stamps.
Now, look at the top earners and see how the loopholes they use on taxes mean money for the ones sitting down waiting for those at the bottom, take. Oh! That is besides the huge amounts of money donated to scholarship programs and countless other non-profit organizations, take care.
that is a common misconception easily cleared up with a little googling
It applies almost exclusively to federal taxes, not state, property, sales, etc...
Not a missconception. Google? Just go to the government website and look at the tax laws and percentages of taxes on the different quintiles. Why do around the long route through Google?! However, let us say they pay taxes, now add what they have left to the social programs that give them so much stuff. Now, compary the caloric intake as compared to the rest of the poor in the world. Compare the house sizes, how many cars they have, A/Cs, etc. as compared to the poor in other countries. Heck! Are we not the most fat people in the world. Is it because we are starving?
Also, maybe you want to look all the poor walking around witht he latest iPod that they cannot afford and the lates expensive Nike footwear they cannot afford. Do you think they have all that stuff because they are being chocked!,Take care.
Those that pay no Federal Income Tax will always be net receivers of gov't services. Yes they pay sales taxes, but subtract 100k per kid for education received, and their sales tax does not cover it. Do the same with a middle-class family paying say 16% FIT, and they usually pay more than they receive back from the gov't.
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