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originally posted by: ThirdEyeofHorus
I could swear someone just told me recently that there's little thing called the Medicaid Recovery....Medicaid will go after gifts even someone too poor to have health insurance gave to someone up to 5 years prior...
and here's a little somethingwww.kiplinger.com...
However, state estate taxes, which kick in for estates valued at only $1 million or less in several states, could take a big bite out of your legacy. Your home and retirement accounts will be counted when your estate is valued for tax purposes, and proceeds from your life insurance could be counted, too, depending on how the policy is owned and who gets the money.
"The Nordic Model - Embracing globalization and sharing risks" characterizes the system as follows:
An elaborate social safety net in addition to public services such as free education and universal healthcare.
Strong property rights,
and overall ease of doing business.
Public pension plans.
Low barriers to free trade. This is combined with collective risk sharing (social programs, labour market institutions) which has provided a form of protection against the risks associated with economic openness.
Little product market regulation. Nordic countries rank very high in product market freedom according to OECD rankings.
Low levels of corruption. In Transparency International's 2014 Corruption Perceptions Index all five Nordic countries were ranked among the 12 least corrupt of 176 evaluated countries, and Denmark, Finland, Sweden and Norway all ranked within top 5.
High percentage of workers belonging to a labour union.
A partnership between employers, trade unions and the government, whereby these social partners negotiate the terms to regulating the workplace among themselves, rather than the terms being imposed by law.
While there are differences among different Nordic countries, they all share a broad commitment to social cohesion, a universal nature of welfare provision
in order to safeguard individualism
by providing protection for vulnerable individuals and groups in society, and maximizing public participation in social decision-making.
It is characterized by flexibility and openness to innovation in the provision of welfare. The Nordic welfare systems are mainly funded through taxation.
So when the Tea Party was pointing this stuff out in 2009 and 2010 they were crackpots.
When a 'democratic socialist' plagiarizes this information it's new and shiny.
Born out of a series of nationwide protests on tax day in 2009, the Tea Party movement has grown into a populist conservative power that could determine the course of the 2010 elections and President Obama's agenda.