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Does anyone seriously believe that if the US gov levied this tax that it would actually use the revenue in an efficient way? Remember when they "lost" 2.3 trill
by colpabar 5y ago
Does anyone seriously believe that if the US gov levied this tax that it would actually use the revenue in an efficient way? Remember when they "lost" 2.3 trillion dollars? $2,300,000,000,000. Whoops!
As an aside, this [1] was extremely depressing to read. I was aware of the 2.3 trillion around 9/11 (what a coincidence!), but had no idea about the more recent discrepancies.
[1]: https://www.city-journal.org/html/americas-missing-money-15725.html?wallit_nosession=1 https://www.city-journal.org/html/americas-missing-money-157...
edit: i forgot some zeroes!
- filoeleven 5y agoIt should be noted that all of that money was for military use, and the article says that the Pentagon is the only agency which still does not comply with a 1996 law that would prevent this. The obvious answer to that is to force compliance from the Pentagon. I’d personally add cutting military budget by “the amount that goes missing per year,” but that will never fly. In any case, it’s important to specifically call out the Pentagon rather than blame the entire government.
- ryandrake 5y agoHonestly, I don't really care if the government even uses the money. Even burning the money in a furnace would be beneficial, as the act would at least take a small bite out of inflation. The point is to move away from the status where the richest 1% of the population owns 35% of the country's total wealth.