What is the insurance industry? It is a more elaborate and stable way of creating stability
in the flow of money and resources than
bureaucracy can provide. However, bureaucracy can provide valuable oversight and referee services in several ways to be described in YOUR report, dear Reader.
Currency (money), when it flows by mutual agreement, can flow again and again to value-creating activities so that it travels through the economy several times in a year!
Excellent circulation is usually a sign and cause of good health (with some exceptions, of course).

When currency flow is clogged up by greed, whether by socialist autocrats or excessively unregulated capitalist autocrats,
it does not flow as well.

Value creating activities RESULT FROM the diligent work, both creative and "grunt work"
(both of which Thomas Edison personally did, btw)
of a critical mass of the population. When too few are empowered to create value, the amount of wealth being created will dwindle and the currency's value becomes poorer.

If they say,"Government should not tax you. It's YOUR money!" then we should remember the money says right on it,"Treasury of the United States." That's WHY it's your money! And you have the right to regulate how wealth is created. I hope you will choose wisely.
Sincerely,
Mike

Mike