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Source link: http://archive.mises.org/11021/obamacare-is-a-devastating-tax-on-the-working-class/

Obamacare is a Devastating Tax on the Working Class

November 12, 2009 by

Depending on the specific plan and other variables such as location, the healthcare plan amounts to a direct labor tax of approximately $300 per month for an individual, or nearly $700 for family coverage.FULL ARTICLE by Eric M. Staib

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{ 53 comments }

Terri K November 14, 2009 at 9:39 am

@ Mike,

Not slamming you but I don’t understand why so many people talk about fleeing to some “utopia” somewhere instead of staying here and fighting this most overwhelming assault on freedom.

If there is any one thing I’ve learned from reading Austrian theory, it is that it’s all about the micro. Why not take WY_Not’s tack (bravo!) or help make good on state legislation such as what is being proposed in Virginia? It sure is a lot easier to influence a state legislator.

“Neither the Governor nor the Department of Health, the Department of Public Welfare or any other Commonwealth agency shall participate in the compliance with any Federal law, regulation or policy that would compromise the freedom of choice in health care of any resident of this Commonwealth.”

http://tertiumquids.blogspot.com/2009/11/health-care-freedom-for-va.html

On a personal level, I am self-employed and had to give up health insurance some time ago. I have managed to successfully negotiate health care for much reduced, pay-today-with-cash prices with my docs. The hospital has been most gracious for a couple of ER visits for my kids; essentially cut the bill in half and allowed me to pay on time, no interest. Bonus: this has opened up several discussions with my docs as to the woes of the health insurance system/scam. Delightfully, not a one of them is for further government intervention and my PCP is a very articulate free-market type.

All this makes me think that if enough individuals dropped out of The System as it exists today, it would break in very short order. Of course, people look at you sideways if you suggest it, but it’s a matter of education and encouraging your friends and family to think about things in a different light.

As to health care being tied to employment (stupidest thing ever):

“During World War II, federal wage controls barred employers from raising their workers’ salaries, but said nothing about fringe benefits. So firms competing for employees at government-restricted wages began offering medical insurance to sweeten employment offers. Even sweeter was that employers could deduct those benefits as business expenses, yet employees didn’t have to report them as taxable income. For a while the IRS resisted that interpretation, but Congress eventually enshrined the tax-exempt status of employer-based medical insurance in law.”

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/10/19/healthcare_shouldnt_be_linked_to_employment/

ken macpherson November 15, 2009 at 2:54 pm

44,789 Die Annually For Lack of Health Insurance
http://www.harvardscience.harvard.edu/medicine-health/articles/new-study-finds-45000-deaths-annually-linked-lack-health-coverage
Yesterday, I had a discussion about unintended consequences whether the folks who make laws are ignorant and unwise to the contrarian effects of their laws, rules, and regulations or purposeful. In our discussion, my point was most of these people are very smart and well practiced false naivety and obfuscation (this particular conversation it was about the IMF/Federal Reserve destruction of American for the goal of a one world government system.) However, this writing is more about health care debacle and are these same folks (the Rs &Ds) really oblivious to the results or ultimate real outcomes of their decisions? The answer more often than not, is no.
The problem: The United States spent 16 percent of its GDP in 2007 on health care, the highest in the world and growing. Healthcare spending in the United States is expected to touch $2.5 trillion, or about 17.6 percent of the country’s economy, in 2009. This roughly equals the total gross domestic product of France. The largest single portion of this healthcare spending is driven by government expenditures and makes the government run system a critical culprit in the cause of the problem (a theme stated multiple times on Mises’s blogs and writings). The salesmanship by the purveyors of universal health care is that government needs to run the other 54%, this way the “market” will get the proper message and respond correctly.
Almost 20 times more Americans (40*20~= 700,000) choose bankruptcy over death and find themselves financially ruined due to the current version of the government-corporatism run system we currently suffer under.

I ask myself and this forum the question:
What would a real “laissez faire” system look like?
http://www.thefreemanonline.org/featured/a-sales-pitch-for-laissez-faire-health-care/#
Other than this one article, there are not any good discussions about healthcare without any government interventions nor are there any countries in world that practice it.
Could we sell our organs on ebay?
Could we use Craig’s List to find somebody to help fix / set broken bones?
Could a person purchase pot at the local convenient store and self medicate sore muscles?
Would cost reduce from 17% of GDP to 4% like Singapore?

In terms of a non-government program (or even a less governmental program), has the analysis been done to measure the effect of removing the government from the equation?

Bruce Koerber December 30, 2009 at 8:14 am

Economic Costs Of Socialized Health Care.

How will you be affected by the socialized health care plan?

Of course you will watch the gradual atrophying of medical care as capital is consumed and regulations clog the decision-making process.

But what about the economic consequences resulting from the tax increases? I suggest that you read the article written by Eric Staib.

Now that you have read the article, are you directly affected? Are you indirectly affected by the disruption of civilized life that will be brought about by this socialistic scheme?

The Soviet Union collapsed because the capital stock of Russia was completely dissipated and the people no longer accepted the massive burdens of socialism. Hopefully the tradition of liberty in America will stop our trip down the Road to Serfdom before we are engulfed in the smog of socialism. Otherwise we will have to suffer for a few generations until all our wealth and capital stock is totally wiped out before the shackles of socialism are eventually cast off.

Act now by revolting against socialism and fascism. Act now by educating yourself and others about the virtues of classical liberalism. Classical liberalism is a beautiful and peaceful and prosperous and just alternative to interventionism. Make your voice heard before our voices are suppressed by the statists.

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