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Penny pinching on a government level seems to be symptomatic of local wealth not paying its fair share. No one ever got wealthy collecting a government pension.
by rexpop 8y ago
Penny pinching on a government level seems to be symptomatic of local wealth not paying its fair share. No one ever got wealthy collecting a government pension. Where is the money going? It's going into offshore accounts, and corporate tax shelters.
- AnthonyMouse 8y agoThat doesn't mesh with taxes being approximately the same percentage of GDP as they've been since 1950, and spending being even higher than that, meanwhile GDP per capita has been growing the whole time. The only remaining conclusion is that we're spending it wrong.
- rexpop 8y ago> taxes being approximately the same percentage of GDP This would astound me. I wonder how you square this belief with, e.g. reports like these: https://itep.org/notadime/ https://itep.org/notadime/
- rexpop 8y agoOr these: https://finance.yahoo.com/news/trump-cut-business-taxes-more-than-you-think-124252603.html https://finance.yahoo.com/news/trump-cut-business-taxes-more...