Home › Forums › Financial Markets/Economics › Backdoor to socialized medicine?
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March 27, 2010 at 11:56 PM #533351March 28, 2010 at 12:02 AM #532420CoronitaParticipant
[quote=briansd1]flu, there you go once more with the communism hyperbole.
On the one hand you deride the social situation in Taiwan for the income inequity; then on the other hand you deride me as communist for praising our economic system that spreads out the income more evenly.
What do you want?[/quote]
Um, I was pointing out that you think Taiwan is such a great place, why can’t we have a system like there’s. I’m telling you, you’re only seeing half story…
Actually, I was going to ask… Why do you think health plans are compensation? Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.
March 28, 2010 at 12:02 AM #532548CoronitaParticipant[quote=briansd1]flu, there you go once more with the communism hyperbole.
On the one hand you deride the social situation in Taiwan for the income inequity; then on the other hand you deride me as communist for praising our economic system that spreads out the income more evenly.
What do you want?[/quote]
Um, I was pointing out that you think Taiwan is such a great place, why can’t we have a system like there’s. I’m telling you, you’re only seeing half story…
Actually, I was going to ask… Why do you think health plans are compensation? Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.
March 28, 2010 at 12:02 AM #533000CoronitaParticipant[quote=briansd1]flu, there you go once more with the communism hyperbole.
On the one hand you deride the social situation in Taiwan for the income inequity; then on the other hand you deride me as communist for praising our economic system that spreads out the income more evenly.
What do you want?[/quote]
Um, I was pointing out that you think Taiwan is such a great place, why can’t we have a system like there’s. I’m telling you, you’re only seeing half story…
Actually, I was going to ask… Why do you think health plans are compensation? Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.
March 28, 2010 at 12:02 AM #533096CoronitaParticipant[quote=briansd1]flu, there you go once more with the communism hyperbole.
On the one hand you deride the social situation in Taiwan for the income inequity; then on the other hand you deride me as communist for praising our economic system that spreads out the income more evenly.
What do you want?[/quote]
Um, I was pointing out that you think Taiwan is such a great place, why can’t we have a system like there’s. I’m telling you, you’re only seeing half story…
Actually, I was going to ask… Why do you think health plans are compensation? Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.
March 28, 2010 at 12:02 AM #533356CoronitaParticipant[quote=briansd1]flu, there you go once more with the communism hyperbole.
On the one hand you deride the social situation in Taiwan for the income inequity; then on the other hand you deride me as communist for praising our economic system that spreads out the income more evenly.
What do you want?[/quote]
Um, I was pointing out that you think Taiwan is such a great place, why can’t we have a system like there’s. I’m telling you, you’re only seeing half story…
Actually, I was going to ask… Why do you think health plans are compensation? Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.
March 28, 2010 at 12:04 AM #532425briansd1Guest[quote=flu]
Actually, I was going to ask… Why do you think health plans are compensation?[/quote]Benefits provided to you by your employer are compensation.
If benefits were not taxable, employers wouldn’t pay salaries anymore. They’d pay everything out in benefits (cars, rent, health insurance, life insurance, food, etc..).
Employers shift compensation to untaxable benefits whenever possible. It’s equates to paying the employees/executives more, at the expense of the IRS.
March 28, 2010 at 12:04 AM #532553briansd1Guest[quote=flu]
Actually, I was going to ask… Why do you think health plans are compensation?[/quote]Benefits provided to you by your employer are compensation.
If benefits were not taxable, employers wouldn’t pay salaries anymore. They’d pay everything out in benefits (cars, rent, health insurance, life insurance, food, etc..).
Employers shift compensation to untaxable benefits whenever possible. It’s equates to paying the employees/executives more, at the expense of the IRS.
March 28, 2010 at 12:04 AM #533005briansd1Guest[quote=flu]
Actually, I was going to ask… Why do you think health plans are compensation?[/quote]Benefits provided to you by your employer are compensation.
If benefits were not taxable, employers wouldn’t pay salaries anymore. They’d pay everything out in benefits (cars, rent, health insurance, life insurance, food, etc..).
Employers shift compensation to untaxable benefits whenever possible. It’s equates to paying the employees/executives more, at the expense of the IRS.
March 28, 2010 at 12:04 AM #533101briansd1Guest[quote=flu]
Actually, I was going to ask… Why do you think health plans are compensation?[/quote]Benefits provided to you by your employer are compensation.
If benefits were not taxable, employers wouldn’t pay salaries anymore. They’d pay everything out in benefits (cars, rent, health insurance, life insurance, food, etc..).
Employers shift compensation to untaxable benefits whenever possible. It’s equates to paying the employees/executives more, at the expense of the IRS.
March 28, 2010 at 12:04 AM #533361briansd1Guest[quote=flu]
Actually, I was going to ask… Why do you think health plans are compensation?[/quote]Benefits provided to you by your employer are compensation.
If benefits were not taxable, employers wouldn’t pay salaries anymore. They’d pay everything out in benefits (cars, rent, health insurance, life insurance, food, etc..).
Employers shift compensation to untaxable benefits whenever possible. It’s equates to paying the employees/executives more, at the expense of the IRS.
March 28, 2010 at 12:13 AM #532430briansd1Guest[quote=flu] Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.[/quote]
Because like salary, health plans are a way of attracting good employees.
Also companies generally offer different health plans.
When cadillac health plans are untaxed, they are essentially subsidized and they offer incentive to companies to offering generous and wasteful plans even to employees who don’t need them.
If salaries and health plans were equally taxed, the employer would be indifferent as the compensation. Therefore, the employees with large families and medical conditions would select the cadillac plans. And the healthy single employees would select to get more salary and a more basic plan with higher deductible.
March 28, 2010 at 12:13 AM #532558briansd1Guest[quote=flu] Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.[/quote]
Because like salary, health plans are a way of attracting good employees.
Also companies generally offer different health plans.
When cadillac health plans are untaxed, they are essentially subsidized and they offer incentive to companies to offering generous and wasteful plans even to employees who don’t need them.
If salaries and health plans were equally taxed, the employer would be indifferent as the compensation. Therefore, the employees with large families and medical conditions would select the cadillac plans. And the healthy single employees would select to get more salary and a more basic plan with higher deductible.
March 28, 2010 at 12:13 AM #533010briansd1Guest[quote=flu] Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.[/quote]
Because like salary, health plans are a way of attracting good employees.
Also companies generally offer different health plans.
When cadillac health plans are untaxed, they are essentially subsidized and they offer incentive to companies to offering generous and wasteful plans even to employees who don’t need them.
If salaries and health plans were equally taxed, the employer would be indifferent as the compensation. Therefore, the employees with large families and medical conditions would select the cadillac plans. And the healthy single employees would select to get more salary and a more basic plan with higher deductible.
March 28, 2010 at 12:13 AM #533106briansd1Guest[quote=flu] Why if Company X offers shitty health plan 1 and Company Y offers awesome health plan 2, why do you think folks that work at Company Y should be taxed more for it? It’s not income. It doesn’t put money in the bank. If you don’t use it, you don’t get anything back.[/quote]
Because like salary, health plans are a way of attracting good employees.
Also companies generally offer different health plans.
When cadillac health plans are untaxed, they are essentially subsidized and they offer incentive to companies to offering generous and wasteful plans even to employees who don’t need them.
If salaries and health plans were equally taxed, the employer would be indifferent as the compensation. Therefore, the employees with large families and medical conditions would select the cadillac plans. And the healthy single employees would select to get more salary and a more basic plan with higher deductible.
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