this post was submitted on 30 Jun 2023
233 points (100.0% liked)
Reddit Migration
21 readers
2 users here now
### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/
founded 1 year ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Maybe you need to step back from the first order effects that your bias is saying and look deeper.
What is the cost of free health care? Where is it paid for?
What is the result of lower taxes (the right wing is for lower taxes for everyone, not just the rich - your 1% claim is an outright misrepresentation of their views): more money that can be used to invest.
there is a lot more to both. I'm countering your left wing bias by doing the same as you: cherry picking results that fit my narrative.
Going to take an easy one for you.
"What is the result of lower taxes (the right wing is for lower taxes for everyone, not just the rich - your 1% claim is an outright misrepresentation of their views): more money that can be used to invest."
We have the data over the past 70 years to show that is 1000% false. Straight up false.
Go look at economic investment in the 1950s to now. Seriously, go look it up. When we had the highest tax rates, especially corporate tax rates, we had the highest level of investment into research and salaries.
When you have the lowest tax rates, what you get is stock buybacks and huge salary payouts to executives. You obviously have done very little research in how low tax rates work in reality. Hint, it doesn't trickle down. And we know because we have hard facts and how the markets have worked over time.
EDIT: And I want to give you the reason why high tax rates lead to more investment. If you have a choice between lowering your tax burden by using it for research and salaries, you would rather do that than give it to the gov't. That is why high tax rates work.
The US currently has one of the worst cost-to-outcome ratios for healthcare of any developed country. So if anything, the cost would decrease.
"lower taxes for everyone" helps the 1% the most, and harms the bottom whatever% the most
trickle down economics isn't a thing
Taxes.
Except that you guys are paying retail + markup + profit for the investors + "we have a monopoly" fees + "lol, your other option is dying" surcharge.
We just buy healthcare at-cost and wholesale.
I pay like $2K a year in taxes towards healthcare. $2K invested in a socialized healthcare system buys services, service time, and supplies that would cost an American hundreds of thousands of dollars when paying for them as an induvial in a for-profit healthcare system.
Yeah. Sometimes I pay for healthcare I don't use. Sometimes there are inefficiencies in the system. It is not a perfect system. But it's also not making anyone go bankrupt due to a medical emergency.
Paying $100K just to save $2K is never going to be good math, no matter how creative we get with the accounting.