gooddogbenji -> RE: Should healthcare be a right or a privilege? (3/1/2007 7:30:45 PM)
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Another brilliant idea. First off, wealthy people generate more new jobs locally per dollar spent than you or I. Why? Because a very wealthy person's money is spent on service, whereas ours is spent on goods. For example, you buy new shoes at WalMart. You pay $20. Locally, WalMart has few employees which get money from that sale. The rest of the money goes into paying overhead, the shoe itself, and and profit for the shareholders. A wealthy person buys shoes, they spent $400 or more. The service involved is an hour of trying on, testing, considering and testing again. This creates jobs locally. In the same way, the restaurants they eat at, the shows they see, the cars they buy all focus on service, which employs people locally. Granted, some large companies outsource, so we could argue they should pay, but no company actually pays taxes, they just pass them on. Another idiotic thread hijack which I really should have ignored. Oh well. Yours, benji
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