07-29-2014, 06:40 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Quote:
Originally Posted by CyberSEO
[E]verything is being payed by your government from various sources, including taxes (your own and those paid by others) and other types of the state income. Say your country sells weapons, food, oil, gas etc. When the country sells something, it makes the profit which must be used to support its own citizens (pensions, medicine, education, infrastructure, free housing for those who can't afford it etc). Isn't it?
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No. All producers do not share equally in the profit. 80% of the profit goes to the owners of the risk (the stakeholders) the other 20% of the profits go to the government in the form of taxes *percentages will vary with tax laws as applied. The "workers" are an expense in the cost of production -- their wages and benefits expensed out COGS to arrive at the gross profit.
In America the only "free housing" is a cardboard box. Even if someone gets government paid section 8 "free" housing it is the tax money transfer to the slumlords that pays for it -- your tax dollars are being transferred to the slumlord (the owner of property that is marginally liveable.) The "free housing" recipient is a welfare client whose only work is standing in the handout line. The Romans had the forum, its circus and bread handouts ... This is a modern version of the same thing I suppose.
Medical and dental service are still rendered on a fee-for-service. Part of your entitlement as a welfare recipient (lowest level of existence) is minimal free Medicaid. If you are over 65 "a pensioner" you have paid into a social medical scheme called Medicare from your wages or other income for some 40 years. Medicare provides reasonable medical services for the elderly but all services are not without fee.
http://taxfoundation.org/blog/averag...-payroll-taxes

So, where does all the money go? Well it isn't to the lazy bums that don't work. The average worker gets just enough to remain a productive worker. 80% of the profit goes to the owners of the risk in US capitalism. Life is good here for the top 20%, great if you get to the next level.
"Obamacare" is a healthcare transfer of partial equalization. A few will lose financially and many will gain. However, sick or routine healthcare deprived workers cost lost production and its profits...
Quote:
Economic Impact
The Commonwealth Fund report says that based on the survey data accumulated, an estimated 55 million U.S. workers annually experience reduced productivity due to illness or the inability to concentrate on the job due to the illness of a family member. The study concluded that based on the responses, the workers were performing at half capacity, equaling a $260 billion economic value annually.
http://smallbusiness.chron.com/loss-...ess-33560.html
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All of that cost would not be mitigated by a greater availability of healthcare but maybe $52 billion (20%) could be by the availability preventative healthcare services. So, some socialization may be a win-win on a worker productivity basis. Why the resistance? I guess you wont be able to see the proverbial $80 aspirins in the hospital anymore and that will be a terrible economic impact -- for who?
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