4 ms·
A billion here, a billion there, soon you're talking real money
by csours 4y ago
A billion here, a billion there, soon you're talking real money
- Clubber 4y ago3.6b ($) / 258m (adults) = $14 in taxes per adult in the US, per year.
- labster 4y agoOr $1.4 M each to America’s Job Creators (tm) Edit: Wait, these are payroll taxes. There’s no real benefit to the rich because the taxes are capped. Which is why it’s not worth it to do anything about it, as no plutocrats will get significantly more than the masses.
- ta988 4y agoJust that single problem is around ten basis point of average tax. All these problems compound because to find the hundreds of millions to close a fiscal exercise, things will get cut and never repaired after. So any fiscal inefficiency causes much more damage than just the direct problem.
- daenz 4y agoDeath by a thousand paper cuts. No one cut is egregious enough to warrant an emergency, yet you still die.
- paulpauper 4y agoexcept this is a solution that is often touted to cut spending a lot, and second, it's not like finding new solutions becomes easier as earlier solutions are exhausted. Finding one solution is easy, finding dozens...not so much.
- ekianjo 4y agoNope, by default you should apply the 80/20 rule and tackle the big 20% of the costs that cause 80% of spending. Anything else is just pocket money.