Side note: I pay $28k/year in premiums and copays for healthcare, so I'd happily accept the higher tax rates. Employer-paid premiums hide the true costs of the American healthcare system from most.
> Employer-paid premiums hide the true costs of the American healthcare system from most.
This. I'm actually shocked at the number of economists currently scratching their heads wondering where wage growth has gone, and when it will return. It seems obvious that the answer is that wage growth never left, it has simply been transferred wholesale to the health insurance side of the ledger so employees don't feel any richer.
Nor are Europeans.
http://cdn.static-economist.com/sites/default/files/imagecac...
Side note: I pay $28k/year in premiums and copays for healthcare, so I'd happily accept the higher tax rates. Employer-paid premiums hide the true costs of the American healthcare system from most.