yea, historically in the United States we have been successfully solving all our problems by collecting more taxes. nothing more efficient than giving money to our Government
What was our tax rate that got rid of our WW2 debt?
Taxes definitely solved that problem. And it even brought about the golden age of post WW2 US economy.
The correct taxes in the correct areas serve as an incentive structure to help encourage businesses and individuals to make good decisions. At least, that's what we did 80 years ago.
Taxes would not make top-10 reasons for post WWII “golden age.”
The US Government is at present (without any chances of this being fixed ever again) about the least efficient entity that exists on the Planet Earth and giving it more money will not solve any problem. It will be used though but one of the two political parties to win election(s) and kill any tax law that was previously put in place
I asked what was the tax rate that got rid of our WW2 debt.
The golden age thing is an aside. Just a reminder that you can't call 1950s America weak on the world stage.
> The US Government is at present (without any chances of this being fixed ever again) about the least efficient entity that exists on the Planet Earth and giving it more money will not solve any problem
Taxes directly solve the debt and deficit problem. Period.
Let's start with things one step at a time. Now that we've had 40 years of trying to drown the budget in a bathtub (and only ballooning our debt), we should seriously start trying something different.
If we're going to play the Either Or game, here's my play.
The 2008 crisis is on a long list of examples of how corporate efficiency harms me.
Governments have a mandate to benefit the public. Conversely, shareholder models encourage exploiting everything they possibly can (for shareholder benefit), corrupting government processes, harming the public and harming the corporation itself.
Instead of the Either Or fallacy, I suggest good-faith examination of actual harms and good. Governments (inc LEO) and corporations famously improve outcomes, when meaningful transparency is mandated, corrupt processes aren't hidden and ethical+competent overseers can pull the needed levers.
Reminder that for the last 40 years one half of government, the Republican party, has had as their policy 'starve the beast' by allowing rampant spending and cutting taxes in order to make this very claim 'look at how inefficiently we spent your money (when our policy was to create this very situation). Look at all this debt (we intentionally piled on in order to cripple government).'.
much of our current economic and social problems stem from efforts to collect _less_ takes from corporations and the wealthy. So yeah, collecting more taxes -- from those who can afford it -- would make a big difference.
Couldn't think of a more incorrect diagnosis if I tried. State government budgets have been ballooning for the last decade; but political leaders don't give a shit about tracking outcomes, only celebrating starting things and how much money they spend.
except that it wouldn’t. this is just another type of political shit that was put together by politicians here to fuck with us.
if your family is running a budget deficit, there are two ways to mitigate it
- make more money (drive uber and pizza (at the same time to make double money at night) or get a higher paying job
- stop spending so much fucking money
it seems politically, the left-leaning part of the countries and political party will make you believe that we just need to make more money, give that money to the Federal Government and all our problems will magically disappear.
the right-leaning part of the country and its politicians will make you believe that rich already pay a lot more than most (they do) and that taxing corporations makes no fucking sense (it doesn’t in general).
neither party actually gives a shit about the fact that country is drowning in debt which will eventually be its undoing (those who study history know this as absolute certainty), they are just looking for where more votes are there to be had
Families don’t print the currency they owe their debt in, they don’t owe the their debt to themselves, and they also aren’t the largest employer and consumer in their economy, so the comparison doesn’t work.
Middle school economics is a simplified model that children can understand, but just like Newtonian physics, middle economics becomes less useful past a certain scale.
For the last 40 years Republicans have had an intentional policy of running up government debt in order to 'starve the beast' and prevent government from functioning, and in order to force through policy they couldn't via standard democratic means.
Yes, when one half of government intentionally choses to work against our country, and to STRUCTURALLY destroy our government via debt/financial distress, it results in debt and financial distress.
Complaining about anything other than Republicans INTENTIONAL POLICY OF DEBT when talking about US debt is nothing but an extension of that destructive policy.
yup, all the while they convinced their voters that “the other side” is to blame - quite fascinating (also says a lot about the general level of intelligence of cohort supporting this for these last XX years)
> make more money
> stop spending so much fucking money
I'm all in favor of this but part 1 has been made politically toxic for decades, and part 2 only seems to be taken seriously when the Other Guys are in power.
For example, in the US I simply cant take the Republican party's fiscal opinions seriously when they bleat about the debt on the one hand and yet dont blink when asked to fund another foreign war.
republicans are much much bigger spenders than democrats by miles. they are “anti socialism” publicly but are 2nd largest socialist party on the planet (behind china).
"Socialism is when the government gives tax breaks to the rich and destroys public institutions". And calling China "socialist" is rich when it's probably the most ruthlessly capitalistic nation on the planet, where worker unions are straight up illegal.
The West saw its golden age when redistributive taxation was maximum. We have to get back to that, or the country will continue to agonize under crumbling infrastructure and failing institutions.
Taxes definitely solved that problem. And it even brought about the golden age of post WW2 US economy.
The correct taxes in the correct areas serve as an incentive structure to help encourage businesses and individuals to make good decisions. At least, that's what we did 80 years ago.