3 ms·
So in a fantasy world where we could eliminate all fraud without spending a single dollar on enforcement[1], we could cut the deficit by somewhere between 1/7 a
by aidenn0 2y ago
So in a fantasy world where we could eliminate all fraud without spending a single dollar on enforcement[1], we could cut the deficit by somewhere between 1/7 and 1/3, and would still have to find over $1T more money somehow.
The deficit is so absurdly high at this point that we need to both cut spending (and yes, any obviously wasteful spending is a good place to start) and increase revenue.
> It is morally wrong to pour more water into a container with holes in the middle of water shortage.
I have no clue what you are trying to say with this analogy, so I'll just take it at face value and point out that a human being is a container with holes.
1: https://www.bitsaboutmoney.com/archive/optimal-amount-of-fraud/ https://www.bitsaboutmoney.com/archive/optimal-amount-of-fra...
- atmavatar 2y agoI would have gone the pedantic route and point out that you can only fill a container with water if it has at least one hole.
- cscurmudgeon 2y agoGravity exists and a hole on top (taxes) is different from hole below (fraud/waste).
- cscurmudgeon 2y agoIn your fantasy world, we tax and raise trillions? Want to see the math on it. Did I say anywhere no other fraud or wastage is there? Did I say no new taxes at all? I said no new taxes without addressing waste. You can do two things in sequence.