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And yet it overspends on those goals and can’t do them effectively None of the ideology matters if it can’t budget and where we are now, no taxation will fix i
by vmception 6y ago
And yet it overspends on those goals and can’t do them effectively
None of the ideology matters if it can’t budget and where we are now, no taxation will fix its budget unless it resorts to full on expropriation of property
- bonestormii_ 6y agoI'm skeptical that no level of taxation can support the government. Bill Clinton was able to balance the budget, and that wasn't so long ago. The government collects trillions of dollars a year in taxes as it is. A significant percentage increase to the level of taxation against top earners would make a huge difference, and it is difficult to fathom what operation the government could run to remotely approach that level of increased revenue generation. What do you have in mind?
- vmception 6y agoIt would have to both increase its revenue sources and decrease its spending Something is going to have to get nationalized, big bad word oh noes
- bonestormii_ 6y agoHa. I like you. You see nationalization of industry as a pathway to revenue growth? I guess it makes sense, but somehow I always think about industries like healthcare being nationalized as a means of providing service, which is likely to cost the government more money What industry would be profitable and appropriate for nationalization?