They should pass a State and Federal law, anything over 40 hrs. in a work week should be tax free.
They should just raise minimum wage to a gabillion dollars a second so we can all be rich. Lol
Nope, we have a tax system where your overtime and bonuses (work that you did above and beyond a regular nine to five, aka “supplemental income”) are taxed all at once usually at 25% not including state and local.
The government always has to get its cut. Most people never realize it until they see that big hit and their four digit bonus turns into a three digit very quickly.
They charged my mama $80 for an aspirin when she was in the hospital a few years ago. An aspirin.
I remember some of the ridiculous terminology my hospital used for simple things, and the price for them, when I broke my knee in football.
Shit is crazy.
I feel like there needs to be *some* kind of regulation on this kind of shit.
Really you want more regulation?
Well let me give a few reasons why things cost so much.
By law they can’t turn away people from ER whether they can pay or not for anything that could be life threatening. But since nothing is free someone has to pay for it. (This one is a justifiable law but you need to understand that it is raising the cost of things).
Due to terrible tort regulations you’re the costs from numerous frivolous lawsuits, the attorney retainer fees, and insane lawsuit insurance have to be paid for by someone one.
Due to Medicaid and Medicare refusing ever to pay full price for anything the lost cost has to be paid for by someone one.
Due to the fraud rampant in Medicaid and Medicare the lost income from that fraud has to be made up somewhere.
Due to Obamacare taxes on all medical instruments the cost of everything hospitals goes up by the the time it gets to the patient.
Due to insane, outdated, and often useless levels of testing for medical products, the cost of an individual product may be low but the cost to actually get it to a patient is insane.
Due to HMO’s (a thing that only exists because of government law) numerous layers of bureaucracy and inefficiency raise the cost of everything.
And this is just the tip of the iceberg.
So to the person who said “I feel like there needs to be *some* kind of regulation on this kind of shit.” The entire reason we have problems like this is because we already have layers and layers of asinine regulation that thought they could do better than the free market. And the only thing possibly more asinine than the regulations we already have would be to think that MORE REGULATIONS would solve this. The answer has, will be, and always will be get out of the way and let the market do what it does best…offer lower prices for better quality.