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The part everyone always glosses over is: If the rich are taxed more, will the government equitably distribute that money to the middle class? Defense contrac

The part everyone always glosses over is: If the rich are taxed more, will the government equitably distribute that money to the middle class? Defense contractors make hundreds of millions of dollars from government funds. We just assumed that tax money will go to the middle class but it's also likely to go to another rich person.

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PostOnce 2y ago
Defense contractors employ a lot of (real, not javascript) engineers with good salaries and then those salaries get taxed again and then they pay for government meteorologists and then those salaries get taxed again and then they pay for construction Government spending is a fantastic deal because they automatically get a huge discount in the form of being able to tax what they give you. That's why privatization is theoretically far below optimal. After all, when there's a big fuckin' hole in the road at least you can call someone, which wouldn't be true if Google were building roads.
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- the_real_cher 2y ago
  Im struggling to understand how what youre saying doesnt also apply to private industry and what hiring meteorologists has to do with this. I havent found anyone I can call to come fix a road from the government in my town however I can get anything the private industry offers, delivered, often immediately.
thunky 2y ago
> If the rich are taxed more, will the government equitably distribute that money to the middle class? Good point. We don't even know that the money will stay in the country.
kjksf 2y ago
Even worse, it'll be spent buying votes (Biden's student debt relieve). Billions will be allocated for building electric chargers and almost no chargers will be built. Billions will be allocated for connecting poor people to internet and no people will be connected. Hundreds of millions will be spent on homeless and will result in increasing homelessness. A public toilet will be built for $2.5 million. McKinsey will be paid $4 million for a study telling NY that garbage bins are better than plastic garbage bags. $11 billion will be spent on 57 miles of rail tracks. Those are just examples of government waste I can recall from memory. Discussing levels of taxation is just a sideshow. Sound and fury signifying nothing. The real problem is that government grows without bounds, more of our money goes to just paying the salaries of bureaucrats and contrary to what you might expect, more bureaucrats leads to making things more difficult and costly for non-government and to just breath-taking inefficiencies and waste of money by government.
- the_real_cher 2y ago
  I agree that our tax money should not be going to pay for students loans. At the same time students should be allowed to bankrupt out of their loans like any other loan on the planet. Student loans are the only loan one is not able to bankrupt out of and it's literal debt slavery.

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PostOnce 2y ago

Defense contractors employ a lot of (real, not javascript) engineers with good salaries and then those salaries get taxed again and then they pay for government meteorologists and then those salaries get taxed again and then they pay for construction Government spending is a fantastic deal because they automatically get a huge discount in the form of being able to tax what they give you. That's why privatization is theoretically far below optimal. After all, when there's a big fuckin' hole in the road at least you can call someone, which wouldn't be true if Google were building roads.

deleted 2y ago
[deleted]
deleted 2y ago
[deleted]
the_real_cher 2y ago
Im struggling to understand how what youre saying doesnt also apply to private industry and what hiring meteorologists has to do with this. I havent found anyone I can call to come fix a road from the government in my town however I can get anything the private industry offers, delivered, often immediately.

thunky 2y ago

> If the rich are taxed more, will the government equitably distribute that money to the middle class? Good point. We don't even know that the money will stay in the country.

kjksf 2y ago

Even worse, it'll be spent buying votes (Biden's student debt relieve). Billions will be allocated for building electric chargers and almost no chargers will be built. Billions will be allocated for connecting poor people to internet and no people will be connected. Hundreds of millions will be spent on homeless and will result in increasing homelessness. A public toilet will be built for $2.5 million. McKinsey will be paid $4 million for a study telling NY that garbage bins are better than plastic garbage bags. $11 billion will be spent on 57 miles of rail tracks. Those are just examples of government waste I can recall from memory. Discussing levels of taxation is just a sideshow. Sound and fury signifying nothing. The real problem is that government grows without bounds, more of our money goes to just paying the salaries of bureaucrats and contrary to what you might expect, more bureaucrats leads to making things more difficult and costly for non-government and to just breath-taking inefficiencies and waste of money by government.

the_real_cher 2y ago
I agree that our tax money should not be going to pay for students loans. At the same time students should be allowed to bankrupt out of their loans like any other loan on the planet. Student loans are the only loan one is not able to bankrupt out of and it's literal debt slavery.