A major problem here I’ve talked about before is the fact that a lot of welfare benefits are hidden in the tax code in the form of credits, deductions, and so on instead of being delivered directly through a government program. This conditions Americans to think of welfare as something that other, lesser people are on, leaving them more hostile to the concept of welfare than they would perhaps be if they were aware that the vast majority of them are, in fact, on welfare. [See Suzanne Mettler’s “The Submerged State” for more on this].
Every story has a tragic prequel that explains or
gives an excuse for the future. Not this one. Our story has four tragic prequels
that at some point join together in order to create a new beginning. Four lost
people, in one car, with no one asking for past records, but each of them
seeing the other in their future.
It all started on a street. One of those miserable
streets, where prostitutes and thieves outnumber the citizens. One of those streets,
where the really rich go to buy themselves another human life. It’s dark as any
other tragic street. No lights, except from the lighters that help them light
up a cigarette or weed. On this street there is a building. A very invisible
one. It’s where all the useless scum of the society lives. Here lives our main hero.
Don’t try to find him in the small apartment on the
sixth floor. He won’t answer. He is not there. He is not coming back ever
If you catch a glimpse of him, it would be more likely
to be at a very important event. Where all the guests bath in gold. He laughed
at those poor souls. They may have money, but they are all still the exact same
scum as those living in his neighborhood. Kim Woojin despises those people from
the bottom of his heart. He didn’t want to be part of their play of fake happiness.
Yet, they were the ones that were going to help him survive.
He knew why he was here. To find himself a nice new
ride. And what better occasion than a mask ball. No one could see his face. No
one will know. Everyone will be too drunk to remember even why they came to
this place in the first place.
For months Woojin was going through the lists of
guests. All, filthy rich and in need to be robbed, people. And there he was.
The selfish Robin Hood. It took him quite some time to choose himself a car.
After all he didn’t want to get caught. But at the end he did choose. A Lamborghini.
It belonged to some assholes wife that was coming to the party to find herself
a sugar baby boy. Very sad indeed. But what made him decide that this was the
car is when he found out she keeps cash of thirty thousand dollars in the back
of the car. “Just in case.” She had told her husband, who was too busy with his
cheating affairs to even acknowledge the disappearance of the money.
Dressed in his only suit, the twenty-three years old
looked absolutely breath-taking. He was indeed a tall and nice build man,
giving off a very rich vibe he learned to fake when he first started stealing
from the rich…without giving to the poor.
At the event everything went according to his plan.
Mask ball or not, there was too much alcohol. After less than an hour ninety
percent of the people were high and drunk as fuck, so he just took the keys, kissed
his passed-out ‘fairy god mother’ on the cheek, left her a note ‘say anything
about the accident and I’ll spill the beans about the four millions’ and
disappeared with his new car and thirty thousand dollars.
‘Say anything about the accident and I’ll spill the
beans about the four million’ is something Matthew, our character English name,
found about as if God sent it to him. This millionaire whose car he now owned
actually had around four million dollars in hidden taxes. All the evidence he got from a whore the rich
dude slept around with for quite a long time. At this point, Woojin knew no one
will touch him and he can finally fly away and start a new life.
The night is still young, hot and dangerous. Not far
away from where Matthew will soon cross with his new car, there is another
story going on.
“Give me back my money, you little shit. In this world
you are no one. But again, so were your parents when they died from my hand.”
Taehyung couldn’t listen to this. He have put up with
it for too long. Being punched, being called all kinds of names, being used as
a stress reliever, and being punished for his own existence and mainly for his
parents death. Which honestly had nothing to do with him. They died from an
overdose when he was fourteen and left him nothing but the price of their
deaths. He walked the streets, selling whatever he was told to sale. For nine
years he walked the streets of this town, looking at the world’s lowest and
highest buying the same drug in order to survive. It made Taehyung sick to the
gut to know that no matter how much money you’ve got, you are the same pig.
But this time, while the gang tried to kill him for
the tenth time this month, something was different. Something in him told him
to endure and then just to go on the street, steal the first car that stops and
run. He knew they’ll find him sooner or later, but just for a little while he
wanted to run far far away.
And that’s exactly what he did. When his ‘boss’
decided that it isn’t worth it, he let Taehyung on the ground, suffering from
his own wounds as always. “I expect better behavior from now on. I raised you
J.seph, be fucking thankful. Leave him, enough for today.” And they all left,
as they usually did.
J.seph, his street nickname, stood up, clutching his
side, trying his all to concentrate on breathing and finding the streetlight.
He was good at surviving and when the black Lamborghini stopped on the
streetlight, Taehyung didn’t hesitate for a moment, opened the door, slid in
and caught up at the driver. “Drive, go out or die. You choose.”
Matthew looked up at the bloody boy, trying to understand
what the fuck happened. Then, something in him just clicked. This man reminded
Woojin so much of himself so he just started the engine and drove. “More like
you tell me what’s going on so I can know from who are we running away?” Woojin
said offering the stranger a tissue to wipe out his bloody face and hands.
Taehyung heard the word ‘we’ for the first time that
night. It made him want to share with this stranger, without caring if he’ll go
into prison after it or die. “I…from the Italian gang. I’m selling…I was
selling for them for about nine years. I just ran away.”
Woojin bit his lip. This boy just told him something
he shouldn’t have, something that could cost his life, yet he said it. It made
Woojin feel like someone trusted him for the first time in his twenty-three years
on this Earth. “My name is Matthew, Woojin or just BM. I…am not that good of a
person also. This car is not mine. I stole it.” The bloody boy laughed at BM
sincerely. “Taehyung or J.seph…whichever you like.”
“Well, Taehyung, I’m running away from here too. Would
you like to join me? We may end up dead, but…” “I’m in. At this point I can
only go two ways and those are - up or even deeper. I’ll be happy to join you
in both. BM, we careful! In front of you!”
The car abruptly stopped making the two boys hit their
heads in the front on the car. J.seph was first to look up. “It’s a girl. And
she looks afraid. Woojin, she is saying something. Woojin? You okay?” BM shook
off the shook and looked at his newly found buddy. “What were you saying?” “The
girl, in front of us, she is saying something.”
Both Woojin and Taehyung exit the car fast, slowly
approaching the girl, obviously afraid of them hurting her. “Please, please
help me.” She cried out. The boys noticed the blood on both her hands and
knees, but she didn’t appear to be hurt anywhere. “What’s your name?” asked
J.seph “So-Somin. My name is Somin.” Woojin quickly caught on Taehyungs act and
questioned “Somin, can you tell us what happened?” barely heard the question,
the girl bursted in tears, hiding herself behind J.seph. He quickly turned
around and caught her wrists. “Somin, if anything is wrong, you can tell us.
You have to. We are here to help. My name is Taehyung and this is…Woojin. All
we want is to help you.” Somins hick ups slowed down, she looked at the tall
men in front of her. “There…there was a man. He chased me and tried to rape me,
but I had a pocket knife and just stabbed him. I…I’m sorry. I didn’t know what
J.seph, aware of the very complicated situation laid
out in front of him, hugged the girl. She was so scared from him, she tried to
resist, but then understood he didn’t want to hurt her and just hugged him
back, crying her eyes out. “You won’t call the police, right? I don’t want to
go to jail.” She sobbed in his hoodie. BM, for whose existence was almost
forgotten, knew exactly what he had to do. When he prayed for friends, he
didn’t thought he’ll end up with an accidental killer and a dealer as friends,
whom he met the same night, but it somehow felt like fate to him. They were real.
Speaking their emotions and he had a strong desire to keep both of them till
“No. We won’t call the police. Where is the body?”
Somin, not letting go of J.seph hand showed them the way to a dead man lying on
the ground. Woojin froze looking at the body in front of him. He knew this man.
A professional pimp, taking girls from the streets, making them prostitute and
taking all the money. They were neighbors. BM knew Somin is safe. No one will
ever look for this excuse of a breathing organism. He had no family, no
authority, and no nothing. “Taehyung, help me with the body.”
Both men swiftly took the body and stuffed in the back
of the car. Somin looked at them in terror, while her crime was being taken
care for by total strangers. “Where are you taking it? What are you doing? What
about me?” J.seph held the girls hand tightly. “We will burn him. Somewhere far
away from here. No one will look for him. He was a pimp. An outlaw, whose
existence no one knew about. When it comes to you…Somin do you want to come
with us? We, me and Woojin, are going on an adventure. I can’t tell you to
trust us, because…” “I trust both of you. I’m coming. Nothing holds me here.”
The ride was quiet. Each of them was deep in thought
about how for exactly two hours their life’s changed forever. Matthew just
couldn’t shake off the thought that for the first time he didn’t feel lonely
and wanted to share. Taehyung was thinking about how he drives in a car with
people who are just as fucked up as him and that made him feel like he is not
lonely anymore. Somin was thankful and very afraid. She has been alone all her
life. Ran away from the orphanage at a very young age, working since she was
ten, now at the age of twenty, she randomly kills a person and meets two men
who are willing to take the blame with her for no actual reason.
And no one noticed the purple-pinkish hair girl,
crossing the road, trying to kill herself. She, she was the one who had really
given up on life in all its forms. First to react was Matthew, who saw the girl
crossing the road in the same moment he was about to drive through her. Like a
miracle he managed to stop, only hitting her leg lightly. Pink locks moved and
piercing blue eyes stared at the car. “I was going to kill her.” Woojin sighed
unbelievably. “No, she tried to kill herself.” Somin gentle voice filled the
car. “I have tried it also. It’s not an option honestly. I’ll go out to see
Somin opened the back door, exiting the car, looking
straight at the girls eyes. Soon her shocked face took a form of an angry one.
“Why did you stop?!” she shouted, obviously mad. “We are not killers. We won’t
kill you. You shouldn’t kill yourself. What’s your name?” Somin tried to talk
some sense into her. “Why would I ever tell you my name? So you can call the asylum
and for them to take me? I’m not crazy!” Somins heart related to the girls pain
and held on the tears gathering in her eyes. “I won’t do that. Why would I?
With what am I better than you? I don’t even know you, but I feel your pain.
You shouldn’t die. My…my name is Somin.”
The boys, not able to hide their worry, got off the
car and just watched the scene in front of them. “Jiwoo.” Somin smiled a little
seeing that her words had some effect after all. “Hello Jiwoo. I’m Somin. This
is Matthew and that’s Taehyung.” Both boys offered a smile to Jiwoo. “Hi fella.
Rough night, huh? Wanna tag along? We…we have no idea where are we going, what
is ahead of us and how our lives will work out. We three know each other from
an hour but something in three of us makes us want to stay together. I think
you feel it too. We are misfits. All of us. I’m Matthew, the car is stolen and
there are thirty thousand dollars in the back, I stole those too.” Taehyung
didn’t want to stay behind with the self-introduction. “My name is Taehyung.
I’ve been a dealer for nine years because my parents died from an overdose and
failed to pay off their debt. I ran away two hours ago when I met BM.” Jiwoo
was left speechless. “I’m Somin. I accidentally killed a man. He is in the back of the car. He tried to
rape me and I just stabbed him with my pocket knife. I’m running away with
those two now, because my life can’t get any worse anyway. At least I’ll have
someone to die with me.” Suddenly Jiwoo felt shame. Shame because of her
selfish nature. She taught she was the only one that felt alone in this world,
that no one could understand her and so on, but people with tragedies were
right in front of her. Just like any of them, Jiwoo had no one and nothing. Suddenly
dying just wasn’t an option anymore. Shaking the cotton pink cloud on her head
she turned to the others. “Is there a way for me to join you? I’m all alone in
BM offered a warm smile. He knew he won’t feel alone
in this world from now on.
“No you are not. You have us.”
“All I’m saying…King, is that my goods are like no
other. You won’t be able to replace my port with no other.”
The King, Woojin, is lazily sitting on his leather throne
in his office trying to concentrate on the overconfident weed seller. His head
hurts honestly. For hours he had been listening to idiots saying one and the
same thing – ‘I’m irreplaceable.’ Each of them added more confidence to the
phrase. It made the twenty-six years old mad. Not only have they wasted his
time, but the smell of weed stuck on his blue velvet suit. Every now and then
when it all got too much for him, Matthew lightly ruffled his dirty blond
“First of all, you are replaceable. I think you
mistake your job. Your job is to choose the best shit and to offer it to me on
a good price. I own the port any way. I can’t do that anymore. Just take him
out. And one more really, really important thing – King, say it with respect.”
The bodyguards dragged the seller out of the room
while the poor man shouted in protest. On the doorway J.seph observed the
situation. When the bodyguards were out of the room, he entered the room
visibly irritated. “You should stop doing this. We are losing sellers and
territory. I don’t like it Woojin.”
For two years the bond between the two boys became so
strong, it was almost unbeatable. But of course, being so close made them
bicker all the time. With time they became the contrast of the other. Just like
in this moment. BM’s dark blue velvet suit contrasted J.seph bloody red one.
“They are all way too ignorant. I feel like they don’t
know to who they are talking.” BM massaged the sides of his head in hope of the
headache to lessen.
“I know. But when we started out, we were exactly the
same. With nothing in our hands and handful of dollars. For two years e created
heaven. I know you are the King, but sometimes you should just let us handle
things. It becomes too much for you and you are not rational. Should I call a
doctor?” Taehyung was truly worried about his friend. These days he was tenser
than ever and no one could talk to him normally except from him, Somin and
Jiwoo. At such times the girls thought it was best if they don’t show
themselves too often.
“Don’t call a doctor. It will fade away. I’ll go to
sleep soon. So, back on the matter. We were different. We knew what we had to
do when we created K.A.R.D. Our goal was ‘keep adding real damage’. Now we
control the damage in all of Asia. At some times I don’t think it’s real. We
met on the streets having nothing but the clothes on our backs and now we put
clothes on whole nations. We destroy as if it is a revenge for our childhood.”
“That’s why it is indeed a revenge.” Honey voice,
small beams blinding the room, Somin entered the room, looking gorgeous from
head to toe.
“We are the revenge. If we wanted to end out misery we
would’ve done it a long time ago. Although I can argue with myself. It started
as revenge, now is more of family business.” She laughed making the boys smile
warmly. The moment was ruined by a husky voice shouting in the back. Soon a
very mad Jisoo entered the room. “Who the fuck they think they are to try to
disrespect me like this?! I can buy and sell them today if I want?! I seriously
can’t believe this!” BM knowing his little sister very well looked at her
seriously and the shouting stopped. “Sit. Calm down. Tell us what happened.”
Jiwoo sat down obviously still mad, crossed her Gucci
pants dressed legs and huffed in the air. “I went to the private meeting with
the parliament as usual. As we know there is a new Minister of Interior. I
heard he is quite a though nut, but I never imagined him being this ‘righteous’.
He haven’t even been studying law, why is he trying to tell me I can’t control
the Parliament. I can and I do. Just because I am a woman doesn’t mean they
have the right to tell me what I can and can’t do.”
Somin was actually happy to listen to Jiwoo, having so
many emotions and being able to express them. Recalling the memory of their
first meeting made her heart feel pain and proudness. They grew together so
much for the last two years. Jiwoo didn’t want to kill herself anymore and that
made things so much easier for everyone. Somin herself stopped feeling guilty
about that night. Together as K.A.R.D they were able to make contracts with the
prostitutes and help them all live a somewhat normal life.
“My boys actually ran a background check on this dude.
He is a nice man really, with a family and till now a very happy life. Stable
finances and stable relationships with both his wife and daughter. I think that…”
“Wait Somin! Rewind. Daughter?” said Woojin playing with the chess figure of
the King, concentrated on the upcoming crisis. J.seph was fast to speak with a
smug face knowing what was going on in the head of his best friend. They all
The king only played with his figure when he was about
to drop a bomb of a command. By now they knew their body language so well they
couldn’t play poker together.
“Yes. A daughter. First year college student. Number
one in all her classes. President of the school parliament, charity volunteer.
The full ‘goodie two shoes’ package. She is quite a visual actually. Why are
BM slammed the glass figure on the mahogany desk,
“Bring me the girl. Alive. ”
A/N: After lots of thinking,sweat and literal tears, I’m finally able to present you “Rotten”. My heart is in this fic. It’s inspirated by Triple H “365 fresh”. I…I just hope you all love it, because I really want to continue writing this and my last try was a Jimin-father fic and it wasn’t digested by people okay. So now I’m really afraid you all won’t like this one too. I was going to write it with BTS, but that would’ve been very selfish. I love my boys, but I really want to provide content for all fandoms, since I’m a multifandom hoe. My askbox is always open for your love and insecurities. I love you all <3
The Official List of Activities for the 2017 White House Easter Egg Roll
This year’s Easter Egg Roll will take place at the Winter White House, Mar-a-Lago! Non-members are not actually allowed on the lawn or anywhere near the main property, so participating families should please meet in the back of the estate near the employee service entrance. It’s going to be a terrific day!
This year, instead of Easter eggs, kids will hunt for President Trump’s used golf balls! Any child who finds a golden golf ball can choose between a full scholarship to Trump University or an open cabinet position.
At 8AM, children will have free reign of the president’s Twitter account! Like any other day, there are no rules. Anything goes. At 8:30AM, Kellyanne will slap the phone out of your hand.
Sean Spicer will tell a fantastic story about the administration having everything under control. Questions may only be asked by children with conservative parents. Please do not correct Spicer’s mispronunciations or overreact to Holocaust references.
Rock ’n’ Egg Roll Stage
Enjoy a special performance by the band from the 1–877-Kars-4-Kids commercial. Plus, rock out all day to unbiased coverage from Fox News!
Republican Obstacle Course
Make your way through a variety of fun drills! Climb over qualified democrats, dodge tough questions, jump through hoops for sexual predators, roll over on healthcare reform and more! For liability reasons, children on Obamacare cannot participate.
The fun is never-ending! Kids and adults can tap into their creative side and build their own mini version of the border wall — using only Peeps! If you are Mexican, this activity will cost $10.
Egg Roll Troll Patrol
Join the First Lady in anti-bullying efforts! Help Melania locate and remove anyone being a shitty little asshole. (Presidents excluded.)
MAGicAl Hat Decorating Station
Boys and girls will have a blast decorating these fun, festive, red trucker hats! Please note: No decorating materials will be provided and hats should remain in their original condition.
Spring Fashion Fun
In an effort to bring jobs back to America, Egg Roll participants can help manufacture and sew pieces from Ivanka’s new Spring collection! Only children with small and nimble fingers will be considered for this event.
Chocolate Bunny Eating Contest
With Michelle Obama gone, kids are free to stuff their fat faces with all kinds of delicious treats! (This year, we only have white chocolate.)
Face “Painting” Booth
This is actually just a chance to give Steve Bannon a facial. Please, scrub off as many layers as you can. Everyone’s a winner.
Drain the Swamp Challenge
Due to staffing cuts around the property, this is a unique opportunity for Egg Roll attendees to grab a skimmer and help clean out the Mar-a-Lago main pool! Thank you in advance.
The president has hidden his tax returns! The first kid to find them will be DESTROYED. No exceptions.
Meet the Easter Bunny
Fake news. The Easter bunny will not be in attendance this year. (He voted for Hillary.)
With the BC NDP party some of my friends are worried if the NDP is elected, to fulfill their platform would require tax hikes, what's your opinion?
Its fully costed and the only added taxes will be to reverse a tax cut for the wealthy, increase the Corporate tax by 1%, increase the Carbon tax (in line with the Federal Government’s plan) and a speculation tax for people who buy houses but don’t live in them:
These are very marginal taxes, that will only effect the rich and corporations. Plus 80% of people in BC will get tax rebates back from the Carbon tax (the 20% who don’t again are the wealthy who don’t need a rebate).
And you can read their fully costed platform here. There are no hidden taxes, and they project the budget will be balanced:
The Challenge : Captain America First Avenger WWII costume
For Edinburgh Comicon 2015 this was to be my ultimate challenge - I’ve never cosplayed properly before, not to this extent, so this is how I made (IMO) cap’s coolest costume. Everything here purchased off eBay unless otherwise specified. I’m based in the UK so getting WWII US army kit was really hard!
1. The Jacket
Replica imitation leather jacket (£45). Cost a bit more to buy from the UK rather than china but worth it for the shipping time and without hidden import tax costs.
WWII Replica Paratrooper Pants (£50). These have a generous fit and I needed a belt so maybe buy a size down.
3. Helmet and Goggles
M1 Helmet with liner (USED) (£25) US Paratrooper Leather Chin strap (£10)
I couldn’t in the time frame find the correct goggles so pictured above are Genuine 1940 issued RAF ski goggles. (£24)
M1938 WWII Replica Canvas Gaiters (£19) They didn’t have US army shoes in my size (5) so I used some spare brown leather rocketdog boots I had lying around.
US Leather Pistol Hip Holster WWII Repro (£17) US Canvas Webbing ammo belt and suspenders WWII Repro (£34)
Leather US Paratrooper Repro Gloves (£19) I didn’t end up getting the last part which is a bandage pouch x2 - I’m so small if I’d added these to the webbing it wouldn’t have worked. But they’re around £7 each.
5. Making the Shield and Spraying the Helmet
Made a template from paper and then cut the shape out of thin plywood (£15 from B&Q)
Attached two leather handles at the back - one adjustable with a wingnut. Also attached an upside down picture frame hook for attaching onto the back of the webbing.
Used System 3 Acrylic paints, masking off lines with insulation tape.
For the stars used a paper template then off-white model spray paint. Finished off with clear matte varnish spray.
Sprayed the helmet directly with navy model paint. Used same off-white paint as above for the “A”. Dented it about a bit afterwards and didn’t use any varnish.
Nowhere to hide for tax dodgers as Labour will make giant corporations’ tax returns public
The next Labour government will change company law to make sure the largest corporations publish their tax returns in full. Tax avoidance schemes rely on secrecy and complexity to enable tax dodgers to shirk their responsibilities.
By shining the spotlight on large company accounts, Labour will close the loopholes through which large corporations swindle the public.
The “tax gap” between the tax is collected and the tax expected is estimated by HMRC to stand at £36bn. Wealth hidden in tax havens worldwide is estimated at £13,000bn. Even a fraction of this amount paid as the fair taxes that are due would end austerity.
Labour will be tabling a series of amendments to the Finance Bill seeking to strengthen and widen the scope of anti-tax avoidance measures. The second reading of the Finance Bill will be Tuesday the 18th April 2017.
Shadow Chancellor John McDonnell MP today said:
“Tax avoidance is a scourge on society that company secrecy laws help facilitate, and the Tories have done nothing to tackle. Labour will pour the disinfectant of sunlight on large company accounts, helping close down the loopholes and the scams that the tax dodgers rely on.
“The Tories are running a rigged economy for the super-rich and giant corporate tax dodgers. Only Labour will stand up for workers and small businesses to make our tax system fair and our public services like education and the NHS are protected.”
Shadow Chief Secretary to the Treasury Peter Dowd MP today said:
“The measures in the Finance Bill claiming to close tax loopholes do not go far enough and have gaping omissions, another Tory conjuring trick to hide their inaction in making sure that everyone, including the rich, pays their fair share of society’s upkeep.
“There is nothing in the government’s proposals to address the chronic lack of enforcement in the context of the wider regulatory problems. As usual, the Tories are playing rhetorically to the gallery.
“Labour are calling for a wide-ranging review of the UK tax gap and will be tabling a range of reform proposals to the Finance Bill, scope allowing. In particular, we will be seeking to strengthen the new penalty for any person who enables the use of abusive tax avoidance arrangements which has already been watered down since consultation with stakeholders.”
Is it wrong to selfishly ask for my own birthday drabble? You'll have plenty of time as my birthday isn't until the 24th of August. :) No harm in trying. I don't have any particular requests, just everlark finally finding the life of a victor. Thanks in advance.
Happy Birthday @moviefangal! Your little slice of Everlark perfection was written especially for you by the incomparable @alliswell21. We hope you enjoy!
Prompt: Life of the victor (Post MJ, canon compliant) Rated: G Author’s note: Happy Birthday! I hope you have an Everlarking awesome day!!! A little longer than I had planned. I hope it measures up to expectations. I apologize for any mistakes (this piece hasn’t been proofread). I could go on and on about growing together!Everlark, but hopefully this will do.
In Latin America, 32 million people could escape poverty if this capital, hidden in tax havens, were subject to income tax that corresponds to it. All this not only generates corruption, but also deepens inequality and social differences. The fight against tax havens should transcend all ideology. It is time to move from speeches to action.
As it has become politically less attractive to vote for higher taxes to pay for higher spending , legislatures have resorted to financing spending through inflation [by printing money], a hidden tax that can be imposed without having been voted for; taxation without representation.
Analysis: Obamacare's implementation costs 5x more than its benefits
As you might expect, the government’s inefficiency and waste is always astounding, and Obamacare is no exception. Are taxpayers getting their money’s worth? Not by a long shot.
Start with the direct costs. The Congressional Budget Office estimates that spending for all the different parts of ObamaCare (health insurance subsidies, Medicaid expansion, administrative costs, etc.) will come to about $2 trillion over the next ten years. That works out to about $2,000 for every household in America, every year.
You won’t get a bill for your share of all this, however. Most of the money is collected in hidden ways, such as taxes, health insurance plans, drugs, medical devices and even tanning salons. The cost to you will show up in higher prices, lower wages and (for the elderly) less access to medical care.
That $2,000, however, is just the beginning. Turns out there are indirect costs as a result of the harm done to the economy. For reasons I’ll explain below, ObamaCare will cause people to work less and produce less. In fact, University of Chicago economist Casey Mulligan estimates ObamaCare lowers the return from working by 10%. As Harvard economics professor Greg Mankiw explains, that implies a long term loss to the economy on the order of 5% of GDP – or more than $800 billion a year at current prices.
The indirect cost to the economy, then, equals more than $8,000 per household per year – or four times the size of the direct budget outlays.
Adding the two together, the total cost of ObamaCare comes to more than $10,000 per household per year!
What are we getting in return for this humongous cost? Well, if we assume that the $200 billion we are spending every year insuring the uninsured is really worth the money we are spending, then the benefit of ObamaCare is worth one-fifth of the overall cost to the economy to implement it.
There are intangibles here that the author can’t even account for. Obamacare is a massive invitation for fraud and incompetence. We have no way of predicting how much that will end up costing the United States taxpayers.
The moral of the story is this: you are far more qualified to handle your finances and your health care decisions than any politician in Washington.