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This makes a lot of unsubstantiated claims. Like the bond market is saturated that seems the opposite of true. This also claims theres been a high inflation but
by DeonPenny 6y ago
This makes a lot of unsubstantiated claims. Like the bond market is saturated that seems the opposite of true. This also claims theres been a high inflation but that doesn't seem to be true either based on any metric.
I think the one thing is clear and I agree with is taxes increases capital outflow. But my biggest issue is with the central premise that is taken at face value. That the government needs more money. I don't think it does. The US government especially has far to much money and waste most of it.
So I'd say instead of trying to find sneaky ways of taking more of the citizen money maybe incentive it to be use to create more opportunities. Instead of taking from some to give to other incentive opportunities so those who have will willingly give opportunities to those who don't
- mullingitover 6y ago> Instead of taking from some to give to other incentive opportunities so those who have will willingly give opportunities to those who don't What does this even mean? This is not a sentence :)
- dang 6y agoIt's great to ask what someone means but please don't do it in a nasty way, such as by cross-examining them. That costs more than it benefits. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- mullingitover 6y agoMy bad, I have edited my comment to make it friendlier.
- CyberDildonics 6y agoI think you mean unsubstantiated. True or not, the claims you are making are also unsubstantiated.
- DeonPenny 6y agoWhich is why I presented the solution as a opinion.
- CyberDildonics 6y agoBy the same logic, the link is also an opinion. Also if you use asset prices as a metric, there has been plenty of inflation.
- DeonPenny 6y agoNo he stated things as fact and moved on. I stated I think the US govt has to much money. And I think the US govt is wasteful so taxes now aren't going to help. I think we should incentivize the people with the money to solve these issues. Thats way different than postulating facts and trying to conclude a narrative based on those facts. Cause I may be wrong about the government having to much money and I fully admit to it.