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December 3, 2009

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Let's Really Talk About Taxes on Health Care

Submitted on Thu, Jul 16, 2009 (9:29 p.m.)

by Shukhrat Khakimov


Yesterday I heard on TV address by one opponent of medical reform. He criticized plans President Obama on health care reform.

He argues as follows - the reform include raising taxes on medicine wealthy Americans. He said if they increase taxes, the businessman dismiss many of their employees, because it is not profitable to pay high taxes. And as a result - laid-off workers will not have money, they have no income and the entire economy will fall. Interesting and simple logic. If you follow this logic, the entire U.S. economy is spinning at the pile several of rich Americans.

I do not agree with him. If we turn to economic history, we can see that that every process in the world has a beginning, peak and end of recovery. Nothing is eternal. Today it's - another tomorrow. Everything flows, everything changes.

Therefore firstly, if the wealthy American businessman, dismiss half of its workers (whatever does not pay more taxes on health care), he will lose more than win. His business would sink. Secondly - an aspiring businessman may at this time to establish a new business and to hire laid-off and unemployed workers. His price for the service will be lower than current prices of wealthy Americans. And so the new services business will be more in demand.

Therefore, lady and gentlemen, all these tales, that wealthy uncle always overjoy workers, giving them the minimum wage per hour. "He make happy" and therefore he does not need to raise taxes on health care. But everyone should understand the simple economic rule - Collaps economy comes not from tax increases on the medicine. Collaps of economy is due to speculative prices on everything: real estate, rent, medicines, health care and much more. Make the real price of all the most important one for life - that's first necessary. And it will works as a "Swiss watch".

Therefore, changes in the economy can not be avoided. There was an imbalance, and how much the rich uncle is not resisted, the universe to order otherwise. When comes a limit, where much needs to be changed. And my prediction - change would be significant. This is a major risk for the former wealthy businessman, and a call for flexible and new businessman.

Shukhrat Khakimov, wrutter
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