A US National Health Care System? 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 : A US National Health Care System?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (38716)	11/22/2014 7:44:49 AM
From: Lane3	Read Replies (1) of 42652

Lane, your whole "win-win" is based on the false assumption that corporations will pass on the tax savings to the consumer. Is that your only problem with my "scenario"? Let's do a hypothetical. If by some chance the tax savings were to end up as price cuts, would you then agree that the low-end consumer would be a big beneficiary? It appears to me that your ideology has placed you at one end of this issue and you're desperately trying to justify it. As I have said, I have no experience in business. My background is as an analyst and system designer and manager. As a professional, my systems approach has always been strong and disciplined enough to operate independent of any personal preferences I might have. I have gotten quite good at "on one hand/on the other hand." (I do it all the time on this thread. My personal best interest would have been Medicare for all but you didn't see me advocating that.) As for the ideology you accuse of driving me, it is libertarian, most definitely not pro-business. My only bias wrt business is that I strongly oppose corporate rent seeking and bullying. On a personal level, I would be better off with the corporate tax in place since I am one of those rich citizens who would be paying more in income taxes were my scenario to take place and who no longer acquire enough stuff to benefit anywhere near enough to compensate for it in price reductions and who collects dividends. In my experience, an opinion that goes against interest warrants credibility. And don't try to tell me about the "magic hand" moving prices down. There is so much price collusion out there that it doesn't work anymore. Perhaps the invisible hand would not be sufficient. That's why I mentioned jaw-boning and shaming at the head of this discussion as available tools if needed. And if that's still not trusted to be enough, the legislation to strike the corporate income tax could be written with a sunset clause to take effect should prices not drop to an appropriate level. You act like corporations get to suck up everything they want but they are not an island. Our economic system contains countervailing forces.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next