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Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

It's Six Degrees of Kevin Bacon, except there's only one degree, and Kevin Bacon is a swamp rat who's out to destroy Trump. :D
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Just got done at my tax accountant. Projections have me netting $42 a month from the Trump tax cut. After increases to medical costs this year that's a net loss for me.
 
Just got done at my tax accountant. Projections have me netting $42 a month from the Trump tax cut. After increases to medical costs this year that's a net loss for me.

State taxes included? I think I'm going to get hosed by Maryland since we'll be taking the standard deduction.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

State taxes included? I think I'm going to get hosed by Maryland since we'll be taking the standard deduction.

State taxes included. I will not be itemizing next year as they took all that away so I'll just be the standard deduction as well. My tax accountant said people making 2-300 thousand a year with lots of kids make out the best from what she's seen. I don't think her clients are in the super rich area.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Ask yourself this. In 29, House Morgan tried to bail out wall street. In 97 the regular banks tried to bail out LTCM. In 2008 the central banks bail out the regular banks. My question is who is going to bail out the central banks?

Got a mirror?
 
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Ask yourself this. In 29, House Morgan tried to bail out wall street. In 97 the regular banks tried to bail out LTCM. In 2008 the central banks bail out the regular banks. My question is who is going to bail out the central banks?

Coast Guard
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Got a mirror?

I think it'll be the IMF. instead of being dollars buying troubled assets, it'll be SDRs. Imagine going to the farmers market and asking how many SDRs a few tomatos cost..

And to echo another point someone else made - while my tax benefits go up a little every month, my insurance premiums went up 15% along with everyone elses for 2018. I ended up having surgery last month and paying my max out of pocket ( 5,000), plus the 2700 for the year. So the little I save on my taxes, i more than lose due to our horrible healthcare oligopoly.

And fun fact #2, at an in network hospital they used 2 out of network surgeons. cost, 14k - after my 5k out of pocket . This would bring my total yearly cost to get sick to 21,700$ WITH insurance. Note that I am fighting this so i might not pay that much.

News flash government, a few extra dollars on taxes doesn't make up for this. not in thousands of years. But as long as these corrupted entities continue to funnel money into elections, they will rig the market and basically transfer all our wealth to them. I really feel bad for people who get sick often and have no recourse for these types of bills.

Oh and here is the kicker - my friend in Germany pays 21% more on her monthly insurance than me - 280 vs about 360 biweekly. Give or take. The thought of a 21,000$ bill is simply laughable to them. Yet people here defend our system with vigor? Why? Are people insane?
 
I think it'll be the IMF. instead of being dollars buying troubled assets, it'll be SDRs. Imagine going to the farmers market and asking how many SDRs a few tomatos cost..

And to echo another point someone else made - while my tax benefits go up a little every month, my insurance premiums went up 15% along with everyone elses for 2018. I ended up having surgery last month and paying my max out of pocket ( 5,000), plus the 2700 for the year. So the little I save on my taxes, i more than lose due to our horrible healthcare oligopoly.

And fun fact #2, at an in network hospital they used 2 out of network surgeons. cost, 14k - after my 5k out of pocket . This would bring my total yearly cost to get sick to 21,700$ WITH insurance. Note that I am fighting this so i might not pay that much.

News flash government, a few extra dollars on taxes doesn't make up for this. not in thousands of years. But as long as these corrupted entities continue to funnel money into elections, they will rig the market and basically transfer all our wealth to them. I really feel bad for people who get sick often and have no recourse for these types of bills.

Oh and here is the kicker - my friend in Germany pays 21% more on her monthly insurance than me - 280 vs about 360 biweekly. Give or take. The thought of a 21,000$ bill is simply laughable to them. Yet people here defend our system with vigor? Why? Are people insane?

It is not sustainable on the current track as long as somebody else is picking up the cost. If we had to pay for everything, I doubt the medical industry would get away with what they're doing.

Remember Pharma believes that one pill makes you larger and one pill makes you small. And the one that mother gives you don't do anything at all.

And we buy it, hook, line, sinker.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

It is not sustainable on the current track as long as somebody else is picking up the cost. If we had to pay for everything, I doubt the medical industry would get away with what they're doing.

Remember Pharma believes that one pill makes you larger and one pill makes you small. And the one that mother gives you don't do anything at all.

And we buy it, hook, line, sinker.

Totally agreed. Our pill popping culture never really made sense to me outside of the basics – asprin, penicillin etc.

As far as I see it, this problem is hardly unique or new. What has happened with that premiums keep going up, and the amount we pay keeps going up. It’s the frog in hot water – if you warm up the water, it won’t notice. The same thing has happened to our insurance. What worse ( I found this out directly), the actual price mechanism of this market is 100% opaque. That’s right, you cannot actually attain the real costs of your services. They are 100% made up. This is what happens when you have two profit driven enterprises with the ability to write laws, operate in oligopolies, and expand unchecked.

I love the idea of a free market. I run a business. That said, the free market isn’t always the best market. There are plenty of instances where participants do not need to act in the best interest of the client. Hospitals and insurance (from a financial standpoint) can afford to do this. When I was literally dying, it wasn’t like I was going to go shopping for a doctor in network. They know this, and exploit it to the hilt.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

What if hospitals (and associated providers) had to show average cost of various common procedures from the prior year on their website.

<code>
Procedure Performed Average Cost
Appendix removal (non-acute) 53 $----
Appendix removal (acute) 22 $----
.
.
.
</code>

Would it matter?
 
Tyson Foods (my employer) is giving all hourly employees a $1000 bonus as a result of the tax cuts. Um, thanks?

And I did my taxes. Turns out I jumped into a new bracket, so only getting a refund of $1200 ish. I'll see what happens next year.
 
What if hospitals (and associated providers) had to show average cost of various common procedures from the prior year on their website.

<code>
Procedure Performed Average Cost
Appendix removal (non-acute) 53 $----
Appendix removal (acute) 22 $----
.
.
.
</code>

Would it matter?

Not for the acute/emergent stuff, because you're going to the closest place that can handle you at that point. If you're shopping by price, you're already dead.
 
Not for the acute/emergent stuff, because you're going to the closest place that can handle you at that point. If you're shopping by price, you're already dead.

BIngo. I spent four years building a cost transparency tool. Great for labs and radiology, not so great for the heart attack and the 13k ambulance bill because you didn’t get it pre authorized
 
You have to get pre authorized to have a heart attack?!! :eek:

Exactly!
On a serious note a lot of people have bona fide emergencies only to find out that the nearest hospital they were brought to isn’t in network
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Tyson Foods (my employer) is giving all hourly employees a $1000 bonus as a result of the tax cuts. Um, thanks?

And I did my taxes. Turns out I jumped into a new bracket, so only getting a refund of $1200 ish. I'll see what happens next year.

New bracket only applies to the monies above that amount. It's not a sawtooth setup with cliffs.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Exactly!
On a serious note a lot of people have bona fide emergencies only to find out that the nearest hospital they were brought to isn’t in network

There are insurances with that setup that treat all emergency rooms for bona fide emergencies as "in network". It's only if you're going there for a non-emergency is it considered out...
 
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