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In New Zealand the Government has started to arrest defaulters at the border[1]. This may not work as well for US as I am not sure of the percentage who travel
by sooper 11y ago
In New Zealand the Government has started to arrest defaulters at the border[1]. This may not work as well for US as I am not sure of the percentage who travel outside the country versus NZ.
[1] http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11616227 http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objecti...
- Daishiman 11y agoWow, modern-day debtor's prisons making a comeback. Welcome to the Middle Ages.
- ArkyBeagle 11y agoAlex Tabbarok wrote what I consider an extremely good piece about the relationship of this with the trouble in Ferguson, Mo over the last few years: http://marginalrevolution.com/marginalrevolution/2014/08/ferguson-and-the-debtors-prison.html http://marginalrevolution.com/marginalrevolution/2014/08/fer...
- magicGLASSman 11y agoMost our tax dollars go to pay down the interest on our countries debt and you go to prison if you don't pay your taxes. Crazy Days
- Daishiman 11y agoThere's a different between taking your assets and sending you to jail.
- stellar678 11y agoHardly - try 6% of our tax dollars. https://apps.irs.gov/app/understandingTaxes/whys/thm01/les01/ac3_thm01_les01.jsp https://apps.irs.gov/app/understandingTaxes/whys/thm01/les01...
- paulmd 11y agoAbsolutely false, interest payments make up only 6% of Federal spending. https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/ https://www.nationalpriorities.org/budget-basics/federal-bud...