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Aetna to cut back 70% on Obamacare plans in 2017

  • Offline MalabarJag
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#32
08-17-2016, 02:14 PM

Quote:Clinton progressed free trade started by Reagan. Clinton deregulated the financial industry.


Effective tax rates for the wealthy have been going down since the 80's.


These are the policies of trickle down economics. They've been going on for this whole time.


Sorry, bro. It works. But it only works if you're a multinational corporation or are already wealthy.
 

"Effective" tax rates for the wealthy have risen. The lowering of the top rate was more than offset by elimination of most of the deductions during the Reagan administration. Back in the '60s most rich people paid no income tax since their lifestyle was all tax deductible. You might want to look up the "three martini lunch."


 

There have been numerous regulations imposed by the government, some by congress but most by unelected bureaucrats, that have driven good jobs for semi-skilled workers overseas. Having one of the highest corporate taxes in the world has also driven corporate headquarters overseas (to those third world tax havens like Ireland and Canada), along with a lot of clerical jobs.


 

Importing cheap foreign labor hasn't helped either, and that's on both parties (i.e. government by elites).




                                                                          

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Aetna to cut back 70% on Obamacare plans in 2017 - by MalabarJag - 08-17-2016, 02:14 PM



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