@ssd 174465 wrote:
I lived in Canada for years. I tried to get a hernia operation because my intestines were sticking out above my belly button. Sorry, non emergency and I went on a 3 year waiting list. My neighbor with severe back pain, 3 year waiting list. He did finally get the surgery and it was good. I flew to California and had surgery the next day and was back home in Canada 2 days later. So no, I wouldn’t exactly call Canada’s medical third world, but its not something I would want for my family.
I can tell how I’d insure the 46 million Americans. I’d set up a charity that buys insurance, only insurance. Donate to the charity and you deduct it from your taxes. Same as a charitable contribution is done now. Whether it could pull in enough to insure every one is open for debate, but that is one way to pay for it. Then the Bill O’Reillys would stop whinning about wealth redistribution which is his true agenda anyway.
I think a consumption tax has to be done with the utmost care or it would put a hardship on a certain demographic. Mainly the poor and the elderly.
When Republicans lower taxes significantly it grows the economy too fast, when the economy grows too fast you have, what? Oh yeah! inflation. Whom does inflation affect the most, oh yeah, the middle class, the elderly and the poor.
Wealthy people can easily absorb increases in inflation. Ironically, when the latter 3 classes stop spending the well off don’t become rich and the rich don’t get richer.
Inflation is the main reason why saving has become a thing of the past, too much of overall income goes to keeping up with it, slow growth, you slow inflation. Higher taxes means slower economic growth and low inflation, low inflation means more disposable income which could be saved, invested, played through my affiliate accounts
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The truth is there has been deliberate shift in the way the equity pie is shared. It started with the policies of Ronald Reagan. A current example of this thinking is Bill Gates wanting unlimited H1 Visas. He wants these to avoid paying decent wages as visitors on H1 visas more often than not have fewer options than their American counterpart.