Dean Baker criticizes the Lobbyist and Congressional use of the term ‘Free Trade Agreements’, attesting they are neither free or truly beneficial to either Labor or Consumer. I concur with that basic assessment. The trade barriers which need be broken is the Tax barrier, and Tax impact to fall where the Business Profits are made (i.e., where the Product is sold, not where the Product is made). Establishment of this Rule simplifies all things, and would prove to be the end to Offshoring, Capital flight, and Tax escape from claim of payment of foreign taxes.
Mark Thoma presents a possible better understand of Cecil Pegou than can be found in the concentration on Pigouvian taxation. I stated earlier, at least I think I did, my distaste of this form of taxation; it changes the capital flow ratios between industries without compensation, not being simply a loss to Consumers but also to competing businesses (some residual anger–I would still be Smoking, if it wouldn’t kill me). Like Tobacco taxes, a Carbon Tax would devolve into revenue-raising, and other more realistic and viable taxation would be canceled. Did Anyone notice that most Proposals for a Pigouvian Energy tax will not set rates applicable to the point contraction of Consumption occurs–Greg Mankiw decides on a $1/gallon tax on Fuel phased in a Dime per year over ten years, only after it has been shown by the market that $1/gallon tax would not place a constraining burden on Consumption (which expanded throughout the last Price rise).
One of the reasons why I like Jane Galt consists of my inability to agree with her, even when as now she makes perfect sense. Here is a Statement for the Record: Americans will have to learn to subsist with less, but far more practical health care. The current state of affairs in health care present Charges–whether Public or Privately financed–functionally double what they should be, and three times more that can be afforded. This has to Change!
I would suggest local hospitals open 24/7 but lightly staffed, which serve as both Clinic and Hospital. Specialists rotate between area hospitals, all on salary to regional district. Special medical treatments are delivered by Patient transfers within the region: all hospitals devoting to one Specialty. Regional Medical Committees consisting of Doctors employed by the region will distribute the set financial budget distribution between areas and hospitals in the region, and region staff will provide central billing for the entire region. Regional Accountants for the region will set formal rates for all Medical services based upon the allocation decisions of the Regional Medical Committee, and Private medical insurers must agree to pay full payment for all medical charges from the Region, if they wish to retain the right to sell medical policies within the Region. Government payment of Charges will be set by Medicare and Medicaid in State capitals and Washington.
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