I posted this somewhere on the internet, and thought it worth sharing here.
I would simply submit, in an effort to help you understand “the other side” (which is of course as heterogeneous as your own), that there are vital differences between CORPORATE tax rates, and INDIVIDUAL income tax rates.
My personal belief is that corporate rates should be zero, because everyone working there is already taxed. Even the CEO’s can’t shelter ordinary income in the places where they do business, but it makes vastly more sense for corporations to do business where they keep more of their profit.
Profit is the motive for doing, and substantially everything you see or use every day was built for profit. This would include your car, your computer, your cell phone, the medical devices your doctor uses, the coffee you drink, and even the roads you drive and bridges you use were paid for with taxes paid by people seeking profit.
The second point I would make is that from my perspective, Single Payer equals Zero Choice healthcare. I get assigned the doctor some bureaucrat chooses for me. I know the literature says that I will get lots of choices, but we were also told on the front end of Obamacare that “if you like your doctor you can keep your doctor”, despite the fact that the bill itself, in the small print, said otherwise. And in point of fact, many people lost health insurance outright.
Regardless, much of this comes down to trust. Do you trust government more than the free market? You obviously trust government. In my own case, I don’t trust either, but I see free markets as a quick and easy way to fix problems–market demand creates business response–which are not present with government bureaucracies, which have not inherent incentive to be efficient, competent, or caring. Businesses are not caring either, but they want our money, and the only way they keep getting it is by providing good service.
And I will note, finally, that the monopolies so often feared are rarely seen. In fact, they are usually only achieved, and certainly only maintained, when government supports them. In my view, the reason the biggest health insurers supported Obamacare was to squeeze their competition out of the market, something which has happened, although regulators have prevented some of the largest proposed consolidations from happening. And I will end by asking: are you aware that most Medicare plans are administered, for profit, by the largest health insurance providers, like United Health Group?
I would simply submit, in an effort to help you understand “the other side” (which is of course as heterogeneous as your own), that there are vital differences between CORPORATE tax rates, and INDIVIDUAL income tax rates.
My personal belief is that corporate rates should be zero, because everyone working there is already taxed. Even the CEO’s can’t shelter ordinary income in the places where they do business, but it makes vastly more sense for corporations to do business where they keep more of their profit.
Profit is the motive for doing, and substantially everything you see or use every day was built for profit. This would include your car, your computer, your cell phone, the medical devices your doctor uses, the coffee you drink, and even the roads you drive and bridges you use were paid for with taxes paid by people seeking profit.
The second point I would make is that from my perspective, Single Payer equals Zero Choice healthcare. I get assigned the doctor some bureaucrat chooses for me. I know the literature says that I will get lots of choices, but we were also told on the front end of Obamacare that “if you like your doctor you can keep your doctor”, despite the fact that the bill itself, in the small print, said otherwise. And in point of fact, many people lost health insurance outright.
Regardless, much of this comes down to trust. Do you trust government more than the free market? You obviously trust government. In my own case, I don’t trust either, but I see free markets as a quick and easy way to fix problems–market demand creates business response–which are not present with government bureaucracies, which have not inherent incentive to be efficient, competent, or caring. Businesses are not caring either, but they want our money, and the only way they keep getting it is by providing good service.
And I will note, finally, that the monopolies so often feared are rarely seen. In fact, they are usually only achieved, and certainly only maintained, when government supports them. In my view, the reason the biggest health insurers supported Obamacare was to squeeze their competition out of the market, something which has happened, although regulators have prevented some of the largest proposed consolidations from happening. And I will end by asking: are you aware that most Medicare plans are administered, for profit, by the largest health insurance providers, like United Health Group?