Apple to extend full health benefits to its part-time employees

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Comments

  • Reply 61 of 66
    Quote:
    Originally Posted by DKWalsh4 View Post


    I don't know how anyone can see this as a negative thing.



    The threat of lost market share and layoffs due to competition has always worked in the past as an incentive toward fevered employee productivity. Why stop now? But seriously, too many perks for employees are never a good thing, IMO. As Andy Grove famously said, "only the paranoid survive".
  • Reply 62 of 66
    Quote:
    Originally Posted by Rot'nApple View Post


    Sure, why not!



    The Market just saw Apple (the company) increase its operating cost with this announcement.



    If Apple sells its products at the "sweet spot", they will need to increase market share or lower production costs and purchase cheaper materials to keep profit margins heading in the right direction while offsetting this new cost.



    Economics 101 that Obama supporters everywhere do not seem to understand. There is a cost and a trade-off for everything.
  • Reply 63 of 66
    Quote:
    Originally Posted by jbilgihan View Post


    Please stop telling only half of the tax story - yes our Corp tax rates are higher than anywhere except Japan. The minimum tax rate for Corporations in the US is 35% but due to tax credits those that actually have to pay the highest rate only average 26% according the the IRS. Out of the 27 million eligible businesses only about 2.2 million actually pay the corporate income tax.



    During the 1990s corporations paid an average of about 25.3 % of their profits as CIT. Corporate taxes as a percentage of GDP peaked at 49% in the 1950s and shrunk to their lowest levels ever in 2003 at 7%.



    Please stop repeating this tired old talking point because it is just not supported by actual fact.



    James



    What a dastardly tactic ... to rebut ideology with facts.
  • Reply 64 of 66
    anonymouseanonymouse Posts: 6,860member
    Quote:
    Originally Posted by jbilgihan View Post


    Please stop telling only half of the tax story - yes our Corp tax rates are higher than anywhere except Japan. The minimum tax rate for Corporations in the US is 35% but due to tax credits those that actually have to pay the highest rate only average 26% according the the IRS. Out of the 27 million eligible businesses only about 2.2 million actually pay the corporate income tax.



    During the 1990s corporations paid an average of about 25.3 % of their profits as CIT. Corporate taxes as a percentage of GDP peaked at 49% in the 1950s and shrunk to their lowest levels ever in 2003 at 7%.



    Please stop repeating this tired old talking point because it is just not supported by actual fact.



    James



    It is interesting to note that the mythical Golden Age that so many right-wingers look to as the ideal America -- i.e., the 1950s -- are the era with the highest tax rates in the country's history. Maybe there's a lesson there. (Although, I think there are actually other, less noble, reasons why so many of them look back so fondly on the '50s.)



    (But, still, I think the best tax system would be one where the only tax is a highly progressive personal income tax. No user fees, sales taxes, parking fines, property taxes, or even corporate taxes. Just taxes on personal income, without loopholes or deductions, and including dividends and inheritances. It'll never happen, but, hey, that doesn't mean it's not the best way to go.)
  • Reply 65 of 66
    I am conservative in ideology and do not support a public option in regards to health care, but with that said, I commend Apple on extending full medical benefits to part-time employees. That is pretty rare in the business world, and I wish more employers would offer the same.



    Good job Apple.
  • Reply 66 of 66
    zoetmbzoetmb Posts: 2,654member
    Quote:
    Originally Posted by AppleZilla View Post


    Once the public option is passed, Single Payer will follow pretty quickly. Apple is placing a safe bet.



    Absolutely no way is that happening in this country. And whatever Public Option is passed (if any) will be a shallow remnant of the original intent.



    By the time this is passed, States will be able to opt-out and there probably won't even be a requirement that individuals must have insurance.



    The public option will be exactly that - an option presented by the Government to insure people (and probably actually administered by a private health insurance company, but "self-insured" by the Government), but private plans will still exist as they do today.



    The private insurers will push anyone they don't want to insure - the people who actually use the plan and collect benefits - to the public plan. What the private insurers are pushing for is to have mandatory health insurance, but not a public option, because then they'll have lots more business, but if there is public option, they'll dump all the non-profitable customers there.



    But the public plan won't pay very well and will be a plan of last resort for those who can't afford anything else.



    And the private plans will be just as ludicrous and just as criminally operated as they are today. And that will make Republicans and cowardly Democrats happy. And then over the next 5-10 years, as premiums rise 5-10% per year and many people currently covered can no longer afford to be, the same people who screamed and yelled that they didn't want socialized medicince will be screaming for a better Government sponsored plan.



    But it's never going to be single-payer in the U.S., no matter what the merits. People are too ignorant and too fearful to accept it. Socialism (in spite of the fact that Medicare, Social Security, public libraries, the military, interstate highways, postal service, public hospitals, public schools, etc., are all "socialist") has become too much of a dirty word and will remain so. The Republicans have successfully turned it to mean the same as communist.
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