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This is exactly the problem. I would be happy paying an extra 10% in taxes if the money was spent efficiently. But so much of it is wasted (and ends up back i
by nugget 11y ago
This is exactly the problem. I would be happy paying an extra 10% in taxes if the money was spent efficiently. But so much of it is wasted (and ends up back in the hands of ''the 1%'' ironically). After what I've seen I trust wealthy individuals to invest that extra 10% into efforts that benefit society much more than I trust the government. I think we'd be better off if we lowered income taxes, raised property taxes, and raised the death tax in % terms (and eliminated the perpetual trust loophole). But instead there will be a circus show as politicians argue over the Federal rate (already effectively at 43.4% for ''the rich'').
- redblacktree 11y agoI was with you up until this part: > I trust wealthy individuals to invest that extra 10% into efforts that benefit society much more than I trust the government. Those wealthy individuals can, in general, be trusted to do things that benefit themselves. Corruption be as it may, the government is still in the business of the greater good, however imperfect.