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>I personally love paying taxes that go to these functions An issue with this is that it isn't just current tax payers and tax revenues that are paying for thi
by TeaBrain 2y ago
>I personally love paying taxes that go to these functions
An issue with this is that it isn't just current tax payers and tax revenues that are paying for this federal spending, but a ballooning debt due to a budget deficit. The brunt of this debt's interest burden is going to fall on the future tax payer.
Edit: To be clear, I'm not passing judgment on whether this pausing action was warranted. I'm only responding to the part of the user's comment implying that federal spending is being paid for by current taxes, when it is not necessarily. As a decent chunk is paid for by debt, some of the current federal spending will be the responsibility of future tax payers, including those who cannot yet vote, as these future tax payers will be the ones paying off the interest.
- Balgair 2y agoI mean, the playbook here is pretty well used: Create an emergency that wasn't there (cut all the fed aid and grants, muck up the government, etc) Make a solution that will fix it (the soon to be tax bill, also the secretary positions and other stuff) Stuff that solution with every policy candy you can (pro-life, tax cuts, guns for tots, funding catholic schools, etc. It's going to be a conservative jelly doughnut) Due to the emergency, we must pass this bill (ram through the tax bill asap, no need to read the thing, blame the slackers, etc) Declare victory, hope that helps reelection EDIT: To be clear, I don't think that's what is going through the new admin's heads. At best, I think it's more of a 'pull things out of the engine until it stalls, then put things back in and hope it runs again' kinda thing. But more likely, it seems they really haven't a clue what they are doing. All those people in the first admin that put country in front of self are gone this time around, and it shows.
- deleted 2y ago[deleted]