What Happens When You Tax Billionaires At 90%

[TruthNotBS]

By the end of last year, a record 793,521 patients were awaiting surgery in the country's healthcare system. This was 88,000 more than in December 2021, representing a 12% rise.

Now it is also taking longer to visit a doctor than ever.

The average waiting time to book an appointment to see a medical specialist and to undergo surgery have both increased, according to the latest data released by the Spanish Ministry of Health.

Officials show that Spaniards were waiting an average of 95 days, nearly three months, for an appointment with a specialist.

'People may die': Hospital waiting times in Spain break records

At the age of 90, Isabel had a micro stroke. Eleven months later she is still waiting for a CAT scan.

www.euronews.com

Spain sounds awesome!!!

The United States isn't the nation with the lowest wait time for healthcare:

Home

OECD's dissemination platform for all published content - books, podcasts, serials and statistics

www.oecd-ilibrary.org

Switzerland, Germany, and the Netherlands score better than the US.

and:

Single payer does not equal increased wait-times - PNHP

By Dr. Aaron Carroll The Incidental Economist, July 25, 2012 I can’t count the number of times I’ve been told this week that it’s just a “fact” that single payer systems lead to increased wait times. It appears that pointing out that this is not true is “rude”. So be it.By Dr. Aaron Carroll |...

pnhp.org

Your reference states at the end of the article:

"The Spanish budget has not been increased. We still have a negative differential in terms of average number of euros spent per patient in comparison to other European countries," says the spokesman.

Spain invests approximately 1,808 euros per capita, while the EU average is 2,244. Countries such as Germany, with 4,418 euros, France, with 3,523, and Italy, with 2,043, exceed Spanish investment.

With proper investment, the medical system in Spain would improve.

Here in America, we won't be traveling to Spain for healthcare, so your attempt to conflate both Medicare and Spain is silly.

 

[TruthNotBS]

Look, Daniel Liberto is not a lefty journalist. And the facts he stated are precisely that, facts.

Tax Cuts Don’t Create More Jobs​

https://pages.stern.nyu.edu/~nroubini/SUPPLY.HTM

Supply-side’s abject failure

In a speech Tuesday, President Obama issued a damning critique of trickle down economics and a stark defense of social insurance and public investments funded by progressive taxation. The president’s speech in Osawatomie, Kan., addressed the challenges of rebuilding the middle class and...

www.epi.org

Supply-Side Policies Weakened Investment​

The Failure of Supply-Side Economics

Michael Ettlinger and Michael Linden give three decades’ worth of evidence that proves supply-side economics doesn’t work.

www.americanprogress.org

Supply-Side Economics Is Not Synonymous With Productivity Growth​

Monday Smackdown: Republican Economists Burn Yet More of Their Reputations Department...

**Must-Read**: The quick and careful [Justin Fox][] is unhappy with—and makes me aware of [this]. All I can say is: unprofessional I would not have thought that it was an argument that could be maintained by any economist of reputation—even though, as John Stuart Mill once said, "what was...

www.bradford-delong.com

Tax Cuts Don’t Spur Stronger Economic Growth​

https://pages.stern.nyu.edu/~nroubini/SUPPLY.HTM

Kansas Provides Compelling Evidence of Failure of "Supply-Side" Tax Cuts | Center on Budget and Policy Priorities

The deep income cuts that Kansas enacted in 2012 and 2013 for many business owners and other high-income Kansans failed to achieve their goal of boosting business formation and job creation, and...

www.cbpp.org

Tax Cuts Don’t Pay for Themselves​

Dynamic Scoring: A Back-of-the-Envelope Guide

www.nber.org

You can complain about the sources if you like. The Stern School of Business is a top five in the country school for the study of finance. Actually, ranked number 3. But until you counter the hard data each of those articles analyze, you got nothing.

He'll probably come up with another excuse to dismiss your references.

 

[Winston]

First, the GDP per capita in the United States is lower than Luxembourg, Norway, Ireland, Switzerland, Qatar, and Singapore.

We should pump a lot more oil like Norway and Qatar?
Or cut corporate taxes like Ireland?
Tax shelters like Luxembourg and Switzerland?

When the top one percent of income earners make more than 40 times the income of the bottom 90%

LOL! Link?

Like Norway and Qatar, LMAO. The United States produces more oil than any country in the world. Almost nine times what Qatar produces and eight times what Norway produces.

List of countries by oil production - Wikipedia

en.wikipedia.org

Ireland has a 23% VAT tax. I am down with a 12,5% corporate tax rate in the US if we can implement a 23% VAT.

And here, from the link I already left,

The United States has a Gini coefficient of 41.1. In 2015, the top 1% of earners in the United States averaged 40 times more income than the bottom 90%.

Gini Coefficient by Country 2023

 

[Nostra]

The U.S. is the Most Overworked Nation in the World

Data on American worker time off, productivity, holiday, paid leave, sick time, hours worked per week & per year. Americans are overworked.

20somethingfinance.com

Americans Work Hundreds of Hours More a Year Than Europeans: Report

When it comes to work-life balance, the USA is not #1.

money.com

Um, your first link is to one guy’s blog and he claims to have “one of the most popular personal finance sites in the world”

 

[leftwinger]

Many were laid off 2009 for years. Many till -2013 2012? FLAT line Stagnation thru 2016 after modest recovery mostly due to GOVT spending.

Trump regime dropped business tax to 21% (from28%) boom! Jobs took off. Till DEMs launched Fuachi flu to kill it all again.

It aint rocket science.

 

[Toddsterpatriot]

The United States isn't the nation with the lowest wait time for healthcare:

Home

OECD's dissemination platform for all published content - books, podcasts, serials and statistics

www.oecd-ilibrary.org

Sweden, Switzerland, Germany, score better than the US.

and:

Single payer does not equal increased wait-times - PNHP

By Dr. Aaron Carroll The Incidental Economist, July 25, 2012 I can’t count the number of times I’ve been told this week that it’s just a “fact” that single payer systems lead to increased wait times. It appears that pointing out that this is not true is “rude”. So be it.By Dr. Aaron Carroll |...

pnhp.org

Your reference states at the end of the article:

"The Spanish budget has not been increased. We still have a negative differential in terms of average number of euros spent per patient in comparison to other European countries," says the spokesman.

Spain invests approximately 1,808 euros per capita, while the EU average is 2,244. Countries such as Germany, with 4,418 euros, France, with 3,523, and Italy, with 2,043, exceed Spanish investment.

With proper investment, the medical system in Spain would improve.

Here in America, we won't be traveling to Spain for healthcare, so your attempt to conflate both Medicare and Spain is silly.

Did you ever find anything that shows they have a better standard of living?
It's not money, apparently not healthcare. Any luck on living space?

 

[Nostra]

You're an awesome Evangelist for Socialism. The more people who are like you in America, the more socialist it will become. You ensure, if not guarantee socialism. So thank you. You can pretend to be witty and follow with a "You're welcome" if you wish.

 

[Toddsterpatriot]

Like Norway and Qatar, LMAO. The United States produces more oil than any country in the world. Almost nine times what Qatar produces and eight times what Norway produces.

List of countries by oil production - Wikipedia

en.wikipedia.org

Ireland has a 23% VAT tax. I am down with a 12,5% corporate tax rate in the US if we can implement a 23% VAT.

And here, from the link I already left,

The United States has a Gini coefficient of 41.1. In 2015, the top 1% of earners in the United States averaged 40 times more income than the bottom 90%.

Gini Coefficient by Country 2023

The United States produces more oil than any country in the world. Almost nine times what Qatar produces and eight times what Norway produces.

With 60 times the population of Norway and 120 times the population of Qatar.

the top 1% of earners in the United States averaged 40 times more income than the bottom 90%.

Yes, I saw the laughably wrong stat the first time.

 

[TruthNotBS]

Did you ever find anything that shows they have a better standard of living?
It's not money, apparently not healthcare. Any luck on living space?

I gave you the GDP for the EU, and you're concentrating on one of the poorest nations in Western Europe, that doesn't invest much into healthcare compared to other EU nations. I provided another link showing how the US isn't at the top of the list for short wait times for healthcare, with several Euro-Zone countries having shorter waits than the US. What does this have to do with Medicare for all? Nothing. Evasive tactics, and smoke screens. The metric for the Euro-Zone's standard of living, is Spain, according to you.

You ignored all of the other links, about the standard of living in Europe, conveniently concentrating on Spain.

 

[TruthNotBS]

Toddsterpatriot


The United States isn't the nation with the lowest wait time for healthcare:

Home

OECD's dissemination platform for all published content - books, podcasts, serials and statistics

www.oecd-ilibrary.org

Switzerland, Germany, and the Netherlands score better than the US, and by FOX NEWS, GOP standards they're MEGA-UBER-COMMUNISTS! SOCIALISTS! If AOC and the Dems are COMMUNISTS, then the Swiss, Germans, and Dutch are COMMUNISTS! Be consistent.

 

[Toddsterpatriot]

I gave you the GDP for the EU, and you're concentrating on one of the poorest nations in Western Europe, that doesn't invest much into healthcare compared to other EU nations. I provided another link showing how the US isn't at the top of the list for short wait times for healthcare, with several Euro-Zone countries having shorter waits than the US. What does this have to do with Medicare for all? Nothing. Evasive tactics, and smoke screens. The metric for the Euro-Zone's standard of living, is Spain, according to you.

You ignored all of the other links, about the standard of living in Europe, conveniently concentrating on Spain.

I gave you the GDP for the EU

$16 trillion for them, $25 trillion for the US.

and you're concentrating on one of the poorest nations in Western Europe

I mentioned longer waiting times, you said Spain was just as good as the US. LOL!

You ignored all of the other links, about the standard of living in Europe

Did any involve numbers, or were they all feelings?
Post some numbers.

 

[Toddsterpatriot]

Toddsterpatriot


The United States isn't the nation with the lowest wait time for healthcare:

Home

OECD's dissemination platform for all published content - books, podcasts, serials and statistics

www.oecd-ilibrary.org

Switzerland, Germany, and the Netherlands score better than the US, and by FOX NEWS, GOP standards they're MEGA-UBER-COMMUNISTS! SOCIALISTS! If AOC and the Dems are COMMUNISTS, then the Swiss, Germans, and Dutch are COMMUNISTS! Be consistent.

Switzerland, Germany, and the Netherlands

And all the rest are worse? Ok.

 

[TruthNotBS]

I gave you the GDP for the EU

$16 trillion for them, $25 trillion for the US.

and you're concentrating on one of the poorest nations in Western Europe

I mentioned longer waiting times, you said Spain was just as good as the US. LOL!

You ignored all of the other links, about the standard of living in Europe

Did any involve numbers, or were they all feelings?
Post some numbers.

No, say it correctly. I said that I haven't waited more than two months for a specialist in Spain. Here in the US I waited two months for a specialist, with my private insurance. I would've waited about the same at the VA.

 

[TruthNotBS]

Switzerland, Germany, and the Netherlands

And all the rest are worse? Ok.

Medicare isn't in Europe, it's here.

 

[TruthNotBS]

Go home commee POS. No way to say it nicely.

This is my home, you leave.

 

[leftwinger]

This is my home, you leave.

Oooops....deleted too slowly. See you in the street wars when she blows. But the blacks & brown will get you early on. But you will scream "I love BLM, my mom sleeps with a Honduran" as they shove a hunting knife in your gut.

 

[g5000]

make Congress change the tax laws.

They change them on a daily basis, adding exemptions, credits, and deductions which mostly benefit the wealthy.

 

[TruthNotBS]

Oooops....deleted too slowly. See you in the street wars when she blows. But the blacks & brown will get you early on. But you will scream "I love BLM, my mom sleeps with a Honduran" as they shove a hunting knife in your gut.

 

[g5000]

Policy Basics: Federal Tax Expenditures | Center on Budget and Policy Priorities

“Tax expenditures” are subsidies delivered through the tax code as deductions, exclusions, and other tax preferences. In fiscal year 2018, tax expenditures reduced federal income tax revenue by roughly $1.3 trillion, and they reduced payroll taxes and other revenues by an additional $140 billion.

www.cbpp.org

“Tax expenditures” are subsidies delivered through the tax code as deductions, exclusions, and other tax preferences. In fiscal year 2019, tax expenditures reduced federal income tax revenue by roughly $1.3 trillion, and they reduced payroll taxes and other revenues by an additional $140 billion.

 

[ReinyDays]

You have a better, more efficient, and less expensive way of getting Goods to Market, please present and explain!

The EV is a commuter vehicle ... light, doesn't take up much room ... replacing gas-powered commuter rigs ... you know, the Cessna 152 of cars ...

My mother was a State Weighmaster ... uniformed law enforcement ... I'm well aware of why I use less than a tank-full of gas per month ... it's cheaper to truck food up from California ...

[Raises hand] ... my position is if an EV saves money, go for it ... if not, then don't ... or buy one as a hobby ... brother, you're living in the wrong state if you don't want this shoved down your throat ... why not move to Alabama? ... folks there would agree with you ...