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So why do you think democrats went to such extraordinary lengths to pass a bad right wing think tank idea with no republican support and no majority support from the public ? Did they not know it wouldn't work very well ?
It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it.
Thomas Sowell.
Edit: added link
https://www.hhs.gov/about/news/2022/04/29/new-reports-show-record-35-mi…
I think subsidies go up to over 100k a year income for a family of four. Govt subsidies allow insur companies to increase premiums without real competition. Similar to the way guaranteed student loans result in increased tuition and administration pensions until it ends up in default.
This is just on the insurance side. Then you have deductibles, out of control billing charges, govt regulation and mandates.
Obamacare doesn't address any of the real issues and problems with the healthcare system.
If I show up at your home or business to replace your air conditioner you expect a quote with a breakdown of the work a guarantee, etc. And I will likely need to compete with the pricing and quality of work of two or three other contractors. This forces me to provide competitive pricing and quality work if I want to stay in business. If I don't do this I will go out of business leaving the better businesses to compete.
If the govt convinces people that air conditioning is a human right because climate change is responsible for the deaths of a disproportionate amount of people that don't have access to air conditioning. So they are going to start subsidizing air conditioner replacements. And everyone will be mandated to pay a monthly AC replacement insurance premium. Then through the phenomenon of govt intervention, subsidies, mandates, regulation, administrative costs, and new agencies, etc. The cost of air conditioning replacent will go up massively, and incentive for quality work will decline you won't get a quote just a bill after the fact for some incomprehensible amount. Some people will get a free AC.
You might decide to pass on the AC but you still need to pay the monthly fee. Or a penalty.
I probably should have just said I think an actual real market economy with minimal regulation of state govt not federal would work better.
The Shop
For example you know when a moto guy gets hurt really bad and there's a GoFund me posted onto this forum? If there was universal healthcare that person wouldn't have to pan handle to get the care they need, it would be guaranteed to them.
It's impossible for private health insurance to be more efficient than government healthcare because there is no profit margin. Gov healthcare never needs to take their cut, a private company does.
Also, less expensive health insurance doesn't help when you're flat broke.
Gov healthcare also helps the economy/job market because people aren't tied to a certain employer because they don't want to risk losing their coverage. It would give employees more freedom with where they can work.
If you're not into politics you may not know but the reason the right wing is pro free market is not because they think it works better. The point is to demonize and disrupt government programs to make them dysfunctional so they can convince people that privatization is better, then they get to profit from said system. GOP does this all the time with the post office for example. The post office is incredible efficient and effective at what it does but the GOP doesn't care. They want to be the owners of mail distribution so they can take their profit cut themselves. It's a scam.
Queue up Javaman to come in here now and tell me how everything is Rosey and their aren’t multiple year waiting lists for a Family doctor, surgeries, etc.
Must be because of Covid, the anti vaxxers and truckers.
Congress just passed the 700 billion dollar bill to stop inflation, build windmills, and whatever. In it is another extension for health insurance subsidies because premiums were set to increase right before the midterms.
Fight inflation by spending more money that the govt does not collect through tax revenue. Where does that money come from ? The treasury issues debt, the federal reserve prints money out of thin air to buy the debt. Who pays the debt and the interest on the debt ? The Government. Where does the govt get the money ? From the tax payer. But there wasnt enough money from the tax payer to begin with thats why they had to issue debt. Well then Congress will have to approve more spending, issue debt , and print money to pay for the debt with interest.
Its like an Abbot and Costello routine for counterfeiting money.
I dont trust the Federal Govt and there agencies to manage anything to do with my healthcare. We need the VA and it should be run by the the Govt.
You might think Im anti govt. Not so. Without good govt we are in big trouble. My issue is I think we are in big trouble.
And still not even come close to covering the money our government spends.
So it's obvious where their focus will be aimed (pun intended) with their guns, and new agents.
The working class.
Because they damn sure can't go after the growing underground economy they're creating with the massive amount of illegal immigrants they're allowing into the country.
Which is why a national sales tax has been discussed.
It taxes everyone at the point of purchase.
No loopholes.
No high priced attorney's.
(Which is why it will never happen)
No need for the IRS to become a roving band of armed federal agents.
If it wasnt for double standards.... you know the rest.
Democrats: Big Government Against The People
Fighting the waste and corruption...that's another bucket of worms. Anywhere there's money...a thief will be there to get as much of it as they can. Not every crook wears a mask, striped shirt with a bag over their shoulder that says, "swag". Some wear suits and sit behind big oak desks.
The tax code is written to accomplish 2 things -
1. Generate a stream of income for government
2. Create a desired outcome.
I'll go into #2 with two simple examples we can all relate to -
Example 1 - Real Estate
I can't think of a more tax advantaged asset class that has generated more wealth than RE. The Fed Gov't incentivizes investors to position capital in the RE market to create and provide housing opportunities through tax advantages. The gov't recognizes that they are shitty at creating, building, developing, managing, and maintaining any form of housing. Can you point to an example of "the projects" that you'd want to live in?
Dealing with dirtbag tenants and their dirtbag headaches is a hassle. Right now, it's a hassle people are willing to take in order to realize a return on investment, with that ROI factoring in LT Cap Gains rates, Depreciation, and the ability to exchange/defer taxes into additional like-kind assets.
Remove the tax advantages (incentives) to place capital in housing and the smart money will find the exit and a place in another asset with less headache.
Example 2 - Small Business
I know that a lot of us that post here own and operate a small business. In my case, I reinvest my capital into my business which in turn creates new jobs/opportunities locally and nationwide. It creates income opportunities for my vendors, my contractors, the people at the local Home Depot, the waitress at the local restaurant, and revenue for my local municipalities. Take those funds away and I scale back, reallocate, or send services abroad. Better yet, I take them completely off the table and into smarter assets with less headaches.
Do you prefer that capital be allocated by the market with capable/responsible/intelligent stewards with skin in the game or that capital be allocated by the bureaucracy? One grows capital exponentially and one just grows exponentially.
I get the point of your comment. I've heard it my whole life. Basically, let the business people have free rein and they will hire dumbasses and then you can tax their paychecks into oblivion to pay for govt expenses. Since the business owner is obviously a rung above the working class fool in intelligence and societal worth...said business man shouldn't have to contribute as much of their money to the system.
I never said I'm against a business man being successful and becoming wealthy. Good on them and you. What I'm saying is that I'll never buy into is the working class paying a far larger percentage of their income while the wealthy point to the jobs they "create" and say, "that's my share...leave my money alone".
My grandpa told me when I was about 12...and I had no idea what he meant at the time..."If you're gonna work with your hands and back...you better support the Dems. If you go into business...you're gonna find it hard if you aren't a Republican".
I don't want to argue about this crap. We both have our own experiences that have formed our viewpoints. You do you...I'll do me
E-filed my taxes on February 22nd and got a return deposited today. Thanks Biden!
Pit Row
It never took more than two weeks for me to get my return prior to COVID. What's your point?
Post a reply to: Expansion of the IRS