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uhhhh no? i don't think most countries levy extra random taxes on the super-rich until their military budgets are met. also i get really fed up with people pret
by collegeburner 4y ago
uhhhh no? i don't think most countries levy extra random taxes on the super-rich until their military budgets are met. also i get really fed up with people pretending that military spending is anywhere close to entitlement spending these days. yeah it's too high but please don't both-sides it.
it's unfortunate but usually when there's a downturn, revenues drop. yes including from the super-rich, whose net worths are usually more not less volatile. so now what?
- unity1001 4y ago> i don't think most countries levy extra random taxes on the super-rich until their military budgets are met Most countries don't do that because the funding for military is never excluded from budget calculations. But when such a need arises, like in wartime or emergencies, they do. > i get really fed up with people pretending that military spending is anywhere close to entitlement spending these days Only in the US, where military has been made into a teat from which the military-industry sector sucks as hard as it can. That way you end up with gigantic flops like F-35 that go on forever. They are flops for defense, but they are major successes for channeling public money to the industry...
- collegeburner 4y agothis is just... dead wrong. like factually, you are wrong. FY 2021: entitlements were $1.18T (social security) + $697B (medicare) + $537B (welfare) + $396B (unemployment) = $3.329T military was $1.035T. if it helps, 3.329 / 1.035 = 3.22. that number means we spent over 3 times as much on handouts. so no, military spending is nowhere close to our handout spending. yeah it's inefficient and wasteful and i favor cutting it at least somewhat combined with efficiency improvements and focusing on spreading defense $ to make the market more competitive. but i get really fed up with people trying to "both sides" our handout and military spending every time someone brings up the cost of the former because they just aren't close.