The reason for a tax isn’t to give the government money to spend, it already has the ability to spend infinite money for all intents and purposes. The taxation is there to destroy some part of that money to sort of balance the money supply after the fact.
This way of thinking about tax also makes very obvious that taxing income might make the least amount of sense and taxing wealt and transactions, probably is the more reasonable way to go.
The government in the us is obviously innefective but it’s not going to get better by withholding it’s spending money, in fact I’m fairly certain that for almost all government agencies in the US the requirements the law asks of them are largely impossible to hit on their current budget. Sure maybe the regulation could be easier and the oversight requirements less strict, but reducing the budget (except for military and police) wouldn’t help any of the problems that exist when interfacing with these government agencies today, it’d just make them worse
There’s also the fact that Americans have record low confidence in the government as a direct result of the actions of the people who give their billionaire friends tax cuts year after year and make it up by raising taxes for everybody else.
The reason for a tax isn’t to give the government money to spend, it already has the ability to spend infinite money for all intents and purposes. The taxation is there to destroy some part of that money to sort of balance the money supply after the fact.
This way of thinking about tax also makes very obvious that taxing income might make the least amount of sense and taxing wealt and transactions, probably is the more reasonable way to go.
The government in the us is obviously innefective but it’s not going to get better by withholding it’s spending money, in fact I’m fairly certain that for almost all government agencies in the US the requirements the law asks of them are largely impossible to hit on their current budget. Sure maybe the regulation could be easier and the oversight requirements less strict, but reducing the budget (except for military and police) wouldn’t help any of the problems that exist when interfacing with these government agencies today, it’d just make them worse
There’s also the fact that Americans have record low confidence in the government as a direct result of the actions of the people who give their billionaire friends tax cuts year after year and make it up by raising taxes for everybody else.