huge. let me do this, jonas, not only did we give them 50 billion dollars and we re worth 12 right now we also gave them 45 billion dollars of tax credits going forward. that s 100 billion dollars that the taxpayer will never see that. for free. you know, as gary b says, if you you give me 95 billion dollars i can make that 1 dollars i can make that company suckfcessful. they were told if they had health care, hundreds of thousands of americans finding out that might not be the case.
rate goes up, your misbehavior makes me hire less. that s how economics work. and how does your cost of hiring somebody go up. what you just said. explain how it goes up with the tax going away. forget about the child tax credit. how does it go up? a bunch of ways, if they get a much higher tax rate on the money they put in my business? jonas what don t you think about raising taxes makes the cost of doing business go up and that s what it is, the cost of doing business goes up, you can t hire. because the tax rate you pay on profit doesn t change your hiring decision as much as if i don t have any can i finish the point in. i can t hire more people. sure. the whole reason you hire somebody hold on, the whole reason you hire somebody you think you can make a profit with them. yes. because you can sell $100 for $90 in labor costs. the ratio because 50% you re still going to make that decision because you re still making a profit at the
iay with these plans because of rising costs. it s very clear. absolutely. we ve seen this law of ranintended consequences the board. insurance concrane os are getting rid of child only plans and my daughter is trying to get one, can t. some insurers are pulling out and clearly, he at best misspoke and that s the problem you get when you try to micromanage a huge industry and things go awry. jonas. just to be clease, they re getting out of it because they re going to get less taxpayer money to hand them this medicare advantaged taxpayer subsidized money to seniors we can t afford. and people do not want pay higher taxes and however, they don t seem to want the medicare benefits cuplans a those are two impossible things to have. yourae going to see cuts and more of them in medicare, to the growing seniors or see tax increases. and this is just like the shovel ready, jonas, we have a