Thursday Tribune reported that mortgage rates 8% were not high enough to cover the cost of defaults to the banks. From this you can conclude that people who pay their mortgages on time are effectively subsidising those who don't.
Also, medical costs are high because many people are uninsured and cannot pay. So those who have medical insurance are subsidising those who don't.
Lets go further: those who don't pay real property tax are offered a discount. All businesses are to be subject to VAT, except gambling, murderers are released on bail, and politicians get inexplicably wealthy.
Who said that crime, or at least bad behaviour, doesn't pay!
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Frank 10 years, 2 months ago
Thursday Tribune reported that mortgage rates 8% were not high enough to cover the cost of defaults to the banks. From this you can conclude that people who pay their mortgages on time are effectively subsidising those who don't.
Also, medical costs are high because many people are uninsured and cannot pay. So those who have medical insurance are subsidising those who don't.
Lets go further: those who don't pay real property tax are offered a discount. All businesses are to be subject to VAT, except gambling, murderers are released on bail, and politicians get inexplicably wealthy.
Who said that crime, or at least bad behaviour, doesn't pay!
Frank Lee-Wright
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