3 ms·
That is not insurance. It is a tax.
by memefrog 3y ago
That is not insurance. It is a tax.
- chmod775 3y agoYou're trying really hard to redefine a bunch of words, yet the set of people you can meaningfully communicate with using your alternative language is small, so what is the point? It's on you to lead your texts with a disclaimer of what various words mean to you if you're not using them as they're commonly understood.
- memefrog 3y agoWhat drugs are you on? If you pay a percentage of your income mandated by the government for some service then that is income tax. Insurance is a private contract with premiums based on actuarial assessment of risk. This is not some distinction I have come up with. It is what the words have always meant. I am sorry that you have been misled to think insurance is some sort of government wealth redistribution program but that just isn't so.
- soco 3y agoThey are probably mixing up the different kinds of state-organized social support (one being the unemployment insurance) with "real" insurance business like car accidents or legal responsibility or yeah also health.