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In reply to the discussion: Report: Pharma exec says he had 'moral requirement' to raise drug price 400% [View all]noneof_theabove
(410 posts)by legal/law the purpose of a company is to increase shareholder value.
Now, define value and does increase have a limit.
On the hospital profit.
All but 2 around me are part of Christus Spohn, the Catholic Church.
They are "non-profit" so I guess the "donate" lots of gold leaf to the Vatican.
We need health care for all like the rest of the modern world.
Easily done. FIETS [ Federal Ingress Egress Tax System]
[ As the Constitution reads "equality for all" ]
2% transfer fee on funds transfer into a bank account and 2% when transfered out.
$5 Trillion per day go through the banking system.
So, the Federal Budget get about $24 Trillion per year. [2018 is 3.8 estimated to end at 4.2 deficit]
See what happens then the rich pay their fair share of taxation.
McMansion 2% on seller and 2% on buyer for $20,000,000 sale that is $400,000 each.
Want the economy VW Beetle for $20,000 that is $400 each for Uncle Sam.
Loaf of bread at grocery for $1 that is $0.02 each.
Now, that a REAL TAX REFUND, you make $50,000 and spend it all that is $2,000 [1k in and 1k out] for your taxes.
Oh, if you move in and out of a savings account no fees.