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The "Kakwani Index" is bs. They have progressive income tax rates in Europe.
European countries relyFAR more heavily on the regressive consumption taxes than they do on income and corporate profit tax. Only 1/3 (or less) of their tax revenues are generated from those sources.
Quote:
"On average, OECD countries collected 33.5 per cent of their tax revenues through taxes on income and profits"
This is the way it was in america before WWII. Only rich folks had health insurance, because only they could afford it.
Before you advocate returning to that model, you might ask yourself why people ditched it as soon as they could.
why don't you define what INSURANCE is...
because insurance is not CARE
insurance is RISK MANAGEMENT....its paying someone a fee so that IF you get sick/injured they can pay the bill for you
why not answer this question....for a healthy 20 something...why should they pay 300 or more MONTHLY for insurance when they only go to the DR for an annual check up that costs less than 200......it defies logic
There is nothing to indicate a government-run "single payer" system would actually be less expensive than a competitive, private insurance program where providers actually have incentive to reduce costs and offer value to the consumer.
Except for the fact that the US system of private insurance has the highest administrative overhead of any first-world system? Not only do we pay more than any other developed country, we spend a higher percentage on paperpushers.
It took the ACA to force the insurance companies to pay out 85% of their premium intake to actual health care provide. That's 15% being skimmed off the top right there, before as much as an aspirin is handed out - and it used to be more.
why not answer this question....for a healthy 20 something...why should they pay 300 or more MONTHLY for insurance when they only go to the DR for an annual check up that costs less than 200......it defies logic
Sick 20 somethings are healthy 20 somethings right up until the point they discover they're sick. (Or until they crash their motorcycle...)
It should be noted that employee health insurance and the larger burden of retiree pension and healthcare benefits drove General Motors into bankruptcy.
Yes. Some people here do not seem to agree health insurance is a burden to employers.
Can you explain why nurses continue to work in hospitals and clinics in France, The UK or Germany? The cost of living in all these nations is comparable or in some cases higher than in the USA What's eve more of a puzzle is all of these nations have strong trade unions even in the health sector.
European countries relyFAR more heavily on the regressive consumption taxes than they do on income and corporate profit tax. Only 1/3 (or less) of their tax revenues are generated from those sources. Tax policy analysis - OECD
In comparison, 59% (nearly TWICE the percentage) of U.S. tax revenue is generated via income and corporate taxes.
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