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I don't know many people who could pay that kind of premium
Which is why single payer doesn't solve the problem. The problem isn't "who pays" an insurance premium; the problem is health care itself is too damn expensive for no apparent reason.
Now, they also say that payroll taxes end up being paid almost entirely by the individual, NOT the business because they simply take that part out of the wages paid:
100% of the payroll tax is passed along to a combination of: consumers in the form of higher prices, employees in the form of lower compensation, and business owners in the form of lower profits.
Quote:
Originally Posted by reneeh63
So it is individuals who WORK (not live off investments) that pay the huge majority of what funds the government...businesses get off with practically nothing, and even less now than they did.
You correctly point out that who writes the tax check to the government is different from who actually bears the burden of the tax. When you say "businesses get off with practically nothing" you're close -- businesses NEVER bear the burden of a tax. 100% of the tax flows through to actual people: customers, employees and business owners. Zero Percent of a tax is borne by the business. There is quite literally no where else for the tax to go: it goes to people.
Which is why single payer doesn't solve the problem. The problem isn't "who pays" an insurance premium; the problem is health care itself is too damn expensive for no apparent reason.
The bulk of the cost of health care is labor. If you pay nurses and X-ray techs and hospital janitors 50 cents on the dollar, it gets cheaper. Of course, those jobs would largely go unfilled. The medium term solution is to use technology to knock out most of the labor costs.
The bulk of the cost of health care is labor. If you pay nurses and X-ray techs and hospital janitors 50 cents on the dollar, it gets cheaper. Of course, those jobs would largely go unfilled. The medium term solution is to use technology to knock out most of the labor costs.
Well, not only that. No one wants to pay a healthcare worker the same as a fast food employee and nurses already work their butts off.
But excess and wasteful testing, the modern technology is expensive (all these CIT machines), maintaining the regulatory environment is extremely expensive, lawsuits are expensive...on and on.
90% marginal taxes are a historical tax rate here in the US. This rate helped pay for the cost of WWII and created the post WWII middle class boom due to the huge incentive for business owners to invest profits and expand their business rather than pay the 90% rate.
I guess it was us liberals who paid attention in HS History Class.
Again, I will ask you..... what moral claim do you, the liberal, have on 90% of anyone else's money?
Medical Treatment costs should be reduced instead of cutting down Medicare, Medicaid. Even after lot of Foreign born and Trained Doctors, Nurses, Technicians- Cost of treatment in USA is astronomical as compared to European countries. If we can reduce the costs, all this bickering about tax dollars and welfare programs can be reduced. Same thing applies to State Universities, just because there is a Student Loan facilities- it should not give Universities an excuse to build new stadiums and keep on raising Tuition year after year.
Medical Treatment costs should be reduced instead of cutting down Medicare, Medicaid. Even after lot of Foreign born and Trained Doctors, Nurses, Technicians- Cost of treatment in USA is astronomical as compared to European countries. If we can reduce the costs, all this bickering about tax dollars and welfare programs can be reduced. Same thing applies to State Universities, just because there is a Student Loan facilities- it should not give Universities an excuse to build new stadiums and keep on raising Tuition year after year.
Well, we seem to have a thinking man here.
It all starts with the out of control cost of education.
BANG!!!
why not just cut military spending? say align it with what other NATO member spend, 2% of GDP
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