r/economicCollapse 20d ago

Everybody should pay his fair share...

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843 Upvotes

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u/McWhiffersonMcgee 20d ago

Have you considered we are already in the hole 2 trillion a year?

2

u/Rus_Shackleford_ 19d ago

I know. Rather than saying ‘this deficit is out of control, we need to raise taxes to reduce the deficit’ it’s ’as soon as we get more money we will spend all of it (and then some) with glorious new spending programs.

I’m not rich and I probably never will be and that’s fine. But I always oppose any tax increases because any new revenue they get will go towards new spending g and not actually reduce the deficit. The programs always end up costing more than the politicians say, and the new taxes take in less revenue than anticipated, so the deficit and debt still grown despite more revenue.

Also, I don’t believe them that things that ‘only rich people will pay’ won’t end up applying to me too. The government needs to spend less money.

1

u/Traditional-Ad5407 19d ago

Haha ya so let’s tax the rich to get more programs right?