Stealth Taxes and Health Care Bills

Now that Trump is president are you expecting that he and all of your representatives are busily giving freely of their time and energy to make your life better? If you are not a Trump person, are you assuming your representatives on the other side are working tirelessly on your behalf? If you really believe these things you are exactly what a thief is looking for.

I have explained many times how crime and government merge in a democratic system. The most common form of theft that government facilitates is through what I call stealth taxation. When an industry uses government to rig markets in its favor or uses Federal Reserve policy to create higher profit margins than what would occur in a free market, the effect on the average citizen is the same as paying a tax to a government. Through controlling government, industries with political power levy stealth taxes on the general population.  The problem with Obamacare and Trump light is that these bills are a way of passing stealth taxes. There is no overall utility to society but there is a huge cost. The cost works out mathematically to be taxation. Guess what? It is a tax. I am not talking a just about the insurance premium. The cost of anything medically related goes up. Lobbyists write these bills in order to create feeding frenzies for the industries they represent.  Don’t think for a minute a president or anyone in congress or the senate has a part in writing bills. The bills are written by lobbyists. Representatives in government are paid to get the bills passed. The lawmakers job is also to convince you the voter that it is a good deal. I guarantee you it is a rotten deal.

The Republican answer to Obamacare is a stealth tax. Certain conservatives will try to tell you that the bill must be passed as a method of doing the wrong thing first, as a way to set up a way to do the right thing later.  As a principle of natural law, it is always best to do the right thing in the moment a decision is called for. As tempting as it is to do otherwise for a host of rational sounding reasons, doing the wrong thing always generates a negative outcome.

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.