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I would agree with you but healthcare isn't a liquid/tangible asset like own stock or making cash is. I can't take out my healthcare the same way I can sell sto
by xphos 6y ago
I would agree with you but healthcare isn't a liquid/tangible asset like own stock or making cash is. I can't take out my healthcare the same way I can sell stock or collect a paycheck. Which in my opinion makes all the difference when calculating income. Its a much easy argument to make when healthcare's cost can be much greater than funds paid out. For instance if the equation for income was Income = Wages + Asset_growth (simplistic) but you could compare two people person A makes 10$ person B makes 100$. There is a lot of income inequality but if you add healthcare to that which is only "cashable when sick" of say 20$ both parties have a real delta of 100$ but there % difference lowered significantly in this case it went from 90% to 75% even though the actually income which people can choose how it is spent and use still has a 90% difference. Sounds like adding extraneous variables to mask more interesting differences
- cwhiz 6y agoYou’re making it way more complicated than it needs to be. Most everyone pays for healthcare with pre-tax dollars. Others get it for free outright from the government. The cash benefit of government paid insurance does not need to be more complicated than the median cost of healthcare for paying participants.