throwaway190102
throwaway190102 on Hacker News
Oh??
https://www.nytimes.com/2019/03/23/health/private-health-ins...
(EDIT Formatting)
This doesn't follow. The economy is not a zero-sum game. edit: presuming a sufficiently elastic money supply.
No, not everyone is going to have your use patterns or knowledge. Most ordinary folks are just price sensitive. "What's the lowest price thing I can get that's not dialup."
I agree there need's to be more competition, but so long as there exits cheaper packages bellow the "minimum broadband" definition there will be many normal people who buy them.
Though I'm not sure how you imagine congress could give anyone else a raise, or a pension aside from government employees.
This is much less of a problem if you can hold down scope-creep on the role and responsibilities of government.
But your point on double-taxation is certainly valid in some contexts.
Oversimplified:
Profit = $Revenue - $Expenses
Tax = $profit % $Tax_rate
Also implicit in this statement I think, is the assumption that shareholders don't provide as much value to the business, or perhaps the economy writ large. Arguably the investors at least initially play a more crucial role than any employee no mater how back-breaking their work because without starting capital most businesses don't even get started in the first place. But in general all aspects of the business contribute to success, Shareholders, employees, and executive. I don't think moralizing one class over another is useful to this sort of conversation.
But it means something different to make a wage and to make a profit. There are definitely loopholes to close in our busted tax system, I agree with that 100%. While we are at it we should eliminate all subsidies for various types of carved out businesses from oil to corn. But Characterizing loss calculations as a loophole I don't think is correct. If I'm not mistaken most corporate tax schemes in the rest of the world use similar concepts, it's a fairly basic accounting concept.
Also a relevant article by Lenore Skenazy & Jonathan Haidt with a similar thesis: https://reason.com/archives/2017/10/26/the-fragile-generatio...
I don't think this is the issue. It's much more a cultural thing, statistically richer countries have lower birthrates. But getting married and having kids is no longer accepted as "just what you do". Less people are getting married, that also may play a role.
I'd also imagine it's different in different areas. Might even map to incomes, or political leanings of different zip codes.