Re:Paradise Papers: New leak from offshore finance firm
by T2_t2 on Sunday November 05, 2017 @11:31PM
(#15633451)
> Your expectations aren’t reality
I think you miss my point. Even if the tax rates are the same, a state with a larger GDP - whether that state is South Carolina or Singapore - will have more money to spend on things like health, and government, actually, just everything - thats's why a higher GDP is so desirable.
An ambulance in Singapore can pretty much reach anyone. A hospital in SG can server anyone - that's how small it is. Who serves Idaho? The Mayo clinic? In a roundabout way yes, but not really.
Quoting US statistics and comparing them to SG is analogous to comparing the same statistics in the Bay Area and Miami.
And that all this gets wrapped up into one single country metric obfuscates the true state for most people, and leads to a lot of problems as one group struggles with a smaller, yet more visibly lacking, share.
I think you miss my point. Even if the tax rates are the same, a state with a larger GDP - whether that state is South Carolina or Singapore - will have more money to spend on things like health, and government, actually, just everything - thats's why a higher GDP is so desirable.
An ambulance in Singapore can pretty much reach anyone. A hospital in SG can server anyone - that's how small it is. Who serves Idaho? The Mayo clinic? In a roundabout way yes, but not really.
Quoting US statistics and comparing them to SG is analogous to comparing the same statistics in the Bay Area and Miami.
And that all this gets wrapped up into one single country metric obfuscates the true state for most people, and leads to a lot of problems as one group struggles with a smaller, yet more visibly lacking, share.