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Politicians love to earmark tax revenue to specific projects that people will support. I call it the "puppies are great excuse". The reality is that all revenu
by uberman 8y ago
Politicians love to earmark tax revenue to specific projects that people will support. I call it the "puppies are great excuse".
The reality is that all revenue is part of giant slush bucket. Some expenses are discretionary and some not, but the bucket to pay is what it is.
This is just the way politics and false promises work.
- FooHentai 8y agoI seem to recall there's term for when tax revenues are strongly linked to tax expenditure. Like when you tax road vehicles and use that exact tax to maintain the road network. But I can't recall the term right now. Seeing more of that thing, whatever it's called, seems like a desirable thing. The 'pooled funds' approach to tax/spending does lead to a lot of whacky outcomes.
- FooHentai 8y agoI may have been thinking of 'direct tax' here, but it's perhaps conceptually slightly different.