View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JohnM who wrote (58641)	4/11/2008 3:12:41 PM
From: TimF	Read Replies (1) of 542688

US companies are at a cost disadvantage as against companies from countries in which healthcare is financed out of general tax revenue. The issue isn't are US companies at a cost disadvantage, but would going to single payer help it. It would clearly help for some, but more generally its a very unsupported assertion. The health care insurance is part of the employees compensation. Get rid of that compensation and the companies may have to pay more in other forms in compensation. They also may have to pay the tax burden for the cost of the care. Either directly, or through paying more for labor and other services and goods to those who do face the higher tax costs. The main argument for it is that health care cost would generally be lower. If that's true than yes it would lower the burden on American companies, but that's also a not well supported assertion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next