Quote:
Originally Posted by Barry-xlovecam
We don't understand why you have 20%+ VAT taxes in Europe or the equivalent of $8.00 a gallon gasoline. Your governments must use this money raised in taxation for something ... I would contend that much is used for social benefits that you pay for indirectly.
From what I have seen, including my visits to the Czech Republic (the?LOL), the standard of living here in America I enjoy is at least as good as any place I have seen in Europe so far. However, we spend our money differently here and when I compare the slums of Europe to the slums of America I really don't see that much difference in healthcare access or its quality of the service, notwithstanding that healthcare services may be offered on a more egalitarian basis in many European nations.
The sad part in the United States, and this varies by the individual state's regulations and regulators, if you are an entitlement recipient ( a poor person -- public welfare client), you get full coverage medical insurance, i.e.; Medicaid, and have access to most normal medical care.
All of us taxpayers, according to our own incomes on a progressive basis, pay for these benefits to the "poor."
Where the problem lays is that many "working poor" those in America earning more than $15K per year (11.2K ?) get no welfare benefits or federally funded health benefits now -- that is why Obamacare was enacted. While these working poor pay little income taxes they do pay SE or FICA taxes that can amount to 7% to 13% (appx) of their incomes.
They will get government funded Medicare when they are 65 - 68 years-of-age -- they are paying into that pool while they work.
But meantime, they get the short end of the stick -- their earnings are not sufficient to pay for our healthcare costs here. Generous employers will offer a reasonable cost healthcare insurance to them -- for Business' it is a tax deductible expense in most cases.
For businesses, the problem is that global competitors (read:China and India as well as other players) do not have the costs of healthcare to absorb -- either people in those places die in the streets or receive government universal healthcare.
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i totally accept that people have different opinions on this topic - whether i understand them or not - but that's democracy
what I find weird is that it is possible that a small group of extremists is not able to accept their defeat and rather risks a financial meltdown than giving in.
Or that the rest of their party doesn't have enough balls to stand up against them
or that it is not possible to come up with a balanced budget in general
maybe they need to watch this movie