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Corporations like single payer because it keeps healthcare off the balance sheet
Posted on 7/18/17 at 5:27 pm
Posted on 7/18/17 at 5:27 pm
As much as I hate it, I believe that is the direction we are going.
We have been moving towards more free shite, not less. The next move on the horizon will definitely be single payer, medicare for all type situation.
Big business will be for it, Chamber of Commerce will be for it, libs will be for it. I think it will happen.
We have been moving towards more free shite, not less. The next move on the horizon will definitely be single payer, medicare for all type situation.
Big business will be for it, Chamber of Commerce will be for it, libs will be for it. I think it will happen.
Posted on 7/18/17 at 5:28 pm to Bjorn Cyborg
Since Medicare is running out of money in 2029 guess there will be huge tax increases.
Fine by me I will be retired before anybody has the guts to address it
Fine by me I will be retired before anybody has the guts to address it
Posted on 7/18/17 at 5:29 pm to Bjorn Cyborg
I honestly don't see why the big manufacturers with pension problems aren't pushing for it.
GM, Ford, GE, etc.
GM, Ford, GE, etc.
Posted on 7/18/17 at 5:30 pm to Bjorn Cyborg
quote:
Corporations like single payer because it keeps healthcare off the balance sheet
exactly.
Posted on 7/18/17 at 5:30 pm to Hawkeye95
Do those companies cut health insurance for their retirees when they are Medicare eligible?
Posted on 7/18/17 at 5:32 pm to Bjorn Cyborg
It obviously helps businesses so long as the corporate tax rate doesn't spike to unreasonable levels.
It just crushes middle class families.
It just crushes middle class families.
Posted on 7/18/17 at 5:36 pm to Bjorn Cyborg
Just increase corporate and capital gains taxes to pay for it. Problem solved
Posted on 7/18/17 at 5:37 pm to Bjorn Cyborg
quote:
Big business will be for it, Chamber of Commerce will be for it, libs will be for it. I think it will happen.
Nah, for many businesses they like the current arrangement. It allows them to avoid several taxes on wages paid in the form of wage-benefits. The networks created give the guys at the top pretty nice, fat and luxurious policies.
It is why despite bi-partisan support, big business has roundly killed every attempt by Democrat or Republican to kill the employer tax subsidy.
This post was edited on 7/18/17 at 5:38 pm
Posted on 7/18/17 at 5:39 pm to Bjorn Cyborg
quote:
Big business will be for it, Chamber of Commerce will be for it, libs will be for it. I think it will happen.
I still dont understand why republicans arent for it.
Posted on 7/18/17 at 5:40 pm to Antonio Moss
quote:
It obviously helps businesses so long as the corporate tax rate doesn't spike to unreasonable levels.
Right. But from corporate perspective, taxes are looked at differently than straight expenses like healthcare. A CEO can be judged harshly by his board or shareholders for healthcare costs and their affect on the balance sheet. But taxes can be mitigated to a certain extent, and beyond that are out of the CEO's control and not considered his problem.
Posted on 7/18/17 at 5:41 pm to oklahogjr
I am a retired schoolteacher. When I became Medicare eligible, my health insurance policy converted to a Medicare Advantage plan that supplements Medicare.
Posted on 7/18/17 at 5:41 pm to RatLTrap
quote:
Just increase corporate and capital gains taxes to pay for it. Problem solved
And who will we tax when businesses flee to other countries and none of us have jobs?
Posted on 7/18/17 at 5:42 pm to oklahogjr
quote:
I still dont understand why republicans arent for it.
Because it's UnAmerican socialism and all of our ventures down that road have failed (or will fail).
Posted on 7/18/17 at 5:43 pm to RatLTrap
quote:
Just increase corporate and capital gains taxes to pay for it. Problem solved
Posted on 7/18/17 at 5:43 pm to Bjorn Cyborg
quote:
Corporations like single payer because it keeps healthcare off the balance sheet
They like it for the same reason the ultra rich vote Democrat and Democrats harp on "INCOME" taxes when talking about going after "the rich".
It's a great way for the ultra wealthy to ensure the cost of doing business in America is borne by the well off.
I mean hell. The average American should double over in laughter when someone like Buffet talks about how INCOME taxes need to be increased........but nope.
Dunces.
It's been going on for decades.
Posted on 7/18/17 at 5:43 pm to oklahogjr
quote:
I still dont understand why republicans arent for it.
I'm not a Republican but I oppose paying more for something that has deteriorated in quality.
I also am not a big fan of having to pay extra for a private service because the tax-funded system is unacceptable
Posted on 7/18/17 at 5:44 pm to Bjorn Cyborg
quote:
Because it's UnAmerican socialism
Nonsense.
quote:
all of our ventures down that road have failed
Ehats your criteria for ventures down the socialism road and ehat failures are you citing?
Posted on 7/18/17 at 5:45 pm to Hawkeye95
quote:
I honestly don't see why the big manufacturers with pension problems aren't pushing for it.
It's probably a little too transparent of an attempt at corporate welfare for them to publicly lobby for it vigorously. Don't think that they're not lobbying for it.
Posted on 7/18/17 at 5:50 pm to Bjorn Cyborg
quote:
Right. But from corporate perspective, taxes are looked at differently than straight expenses like healthcare. A CEO can be judged harshly by his board or shareholders for healthcare costs and their affect on the balance sheet. But taxes can be mitigated to a certain extent, and beyond that are out of the CEO's control and not considered his problem.
I don't think it plays out like you think it does:
quote:
Republican legislators need a way to pay for their eventual Obamacare replacement plan. One leading contender is capping the tax exclusion for employer-sponsored health insurance, which shows up in multiple replacement plans as well as recent interviews with legislators. It’s going to be a huge fight.
Right now, companies and their workers pay no taxes on health benefits. This means the federal government misses out on a lot of potential revenue — $260 billion in 2013, according to Congressional Budget Office data.
Capturing a fraction of that would go a long way toward paying for some of the other things Republicans want to do, like continue subsidizing the individual market. But it won’t be easy: An aggressive lobbying campaign has already begun against the policy, which Republicans have not officially endorsed.
Representatives of large companies are already swarming Capitol Hill, meeting with legislators to argue that this would amount to a significant tax on America’s middle class. Some have retained new lobbying firms and launched new coalitions devoted to making sure the proposal never sees the light of day.
“I think it’s being considered very seriously, and we’ve recently ratcheted up our message to make sure that legislators understand the unintended consequences of a policy like this,” says Jim Klein, president of the American Benefits Council, which lobbies on behalf of major corporations offering health benefit programs.
This was February, within a few days this aspect of the AHCA was dead and buried.
Every time politicians on either side seek to touch the employer tax credit, powerful business groups swarm and threaten to go into all out war.
I would love to believe deep down the vast majority of businesses are secretly seeking UHC reforms that decouples their role in insurance(or at least allows it to take on a less prominent role like in many UHC countries). But I just don't see it. Some are for sure, and that has been the way for 100 years, but yeah.
This post was edited on 7/18/17 at 5:58 pm
Posted on 7/18/17 at 5:58 pm to Antonio Moss
quote:
I'm not a Republican but I oppose paying more for something that has deteriorated in quality.
I think costs go down with the ability have a stronger bargaining position with suppliers.
Quality may ot msy not deteriorate. Also debatable how much of a decline if any in quality we would see.
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