131–134 of 134 posts
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There are several reasons why alaska wants badly to maintain low taxes and it's not entirely because the leaders are all fiscally conservative ideologues.
Please list some of them. We're not all well-versed in US politics.
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> those taxes are factors into accommodation prices Citation needed. Accommodation pricing is typically set by supply and demand. Which is why, last minute hotel deals at steep discounts are a thing. > Tourists pay real property taxes Then states/counties should be recovering delinquent property taxes from them
There is no citation needed. Property taxes are one of the base costs in determining the revenue needed for keeping the accommodation provider open. It then follows that that cost must be paid by the customers if the establishment is to be profitable. If the business is being operated at a loss on purpose then this doesn't apply. The tourists in aggregate are therefore paying the property taxes of the establishment.
It absolutely does not follow at all. When costs are disconnected from pricing, the business undergoes a loss. For instance, many rural Texas cities have high property taxes, and low demand for hotel rooms. In many of these places hotels are unviable, because the market would never pay enough to eke out a profit.
In such places, Airbnb is surprisingly effective, as the renter typically sees AirBnB income as a bonus, and doesn't rely on it to make a living.
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> Property taxes tax the permanent residents but misses out the opportunity of, let’s say, taxing the tourists. Tourists pay real property taxes because those taxes are factors into accommodation prices, and into the prices of goods and services sold to tourists.
> those taxes are factors into accommodation prices Citation needed. Accommodation pricing is typically set by supply and demand. Which is why, last minute hotel deals at steep discounts are a thing. > Tourists pay real property taxes Then states/counties should be recovering delinquent property taxes from them
Obviously, but taxes directly effect supply (supply is not the quantity of units available, it's the function mapping price to the quantity of units people are willing to provide at that price; likewise with demand with “pay for” in place of “provide”; taxes directly paid by the party providing a good or service as a consequence of providing it shift upward the price at which they are willing to provide any given number of units of the good or service.)
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This is why these universal programs are coupled with monopsony leverage. Healthcare prices have exploded because the government has been intentionally hobbled at the bargaining table, legislatively blocked from using its weight to negotiate better deals for prescription drug prices. Tuition has exploded because a system of credit has been created that is untouchable by bankruptcy. These are solvable problems.
> This is why these universal programs are coupled with monopsony leverage. Healthcare prices have exploded because the government has been intentionally hobbled at the bargaining table, legislatively blocked from using its weight to negotiate better deals for prescription drug prices. "Monopsony leverage" and "bargaining" is just price controls. You don't even need single payer for that if you want to do it, you can…
No, monopsony leverage is not the same as a price control. The minimum price that monoposony can give you is the cost to produce the given drug. Price controls allow you to mandate a price lower than their cost to produce, hence the negative effects you mention.
>This is complicated in this case by the fact that most of the cost is R&D
This is also false. Marketing outweighs the R&D budgets at most private pharmaceutical companies.
>a lot of the costs basically amount to regulatory capture or drug companies outsmarting the government
It sounds like you’re advocating for the dismantling of the drug patent system, which is a far more radical proposal. I agree that regulatory/market failure also contributes to high costs, it’s why I believe the free market poorly maps onto the problem of providing healthcare.