Please read this analysis of just one of the disincentives built in to a Progressivist dream, in this case ObamaCare. The premiums will be higher on the new policies mandated to cover every person in every health care situation, even after they become sick and haven't been paying premiums.
Lower income people will get subsidies to help pay those new higher health insurance premiums. Those subsidies will start at 100% of the premium, about $24,000/year for a family of four at zero income, and phase out as income rise to $100,000/year.
This an effective tax rate of 24%. Don't agree?
The $24,000 to pay premiums are part of each receiving family's total income -- untaxed income, but income nevertheless, as it allows that family to buy anything they want with the rest of their non-subsidy income. And that subsidy income disappears by the time their non-subsidy family income reaches $100,000. That walks like a tax, and quacks like a tax to me!
Imagine what this does to the incentive to work and produce.
Economically illiterate Progressivists fail to understand that when large segments of the population are incentivized to work less, that's exactly what they do, reducing total production of goods and services. Then economic competition divies up the smaller pie.
The least productive end up getting even less than they would from a free economy. Whole segments of economic society can't steal themselves rich. They can only make all segments poorer, their own most of all!
