I think that we should cut the amount of money going towards superyachts and 10,000 dollar bottles of wine, rather than education, infrastructure and healthcare. Which do you imagine will lead to a healthier economy in the long run?
Because when you cut taxes on the super wealthy, you are effectively taking money away from education and infrastructure and allocating it towards superyachts.
Ok so let's raise taxes on the wealthy. I think that's great and am in total agreement.
How long do you think we should wait for Congress to significantly raise taxes on the rich? How confident are you that will ever happen? Have you seen a graph of the national debt? How long do you think we have to wait? Why oppose cutting spending now? That's not in conflict with raising taxes for the wealthy, both should be done.
If we start by cutting services to the public, the tax hikes on the rich are 100% guaranteed to never happen. And then after several years the economy declines, and inequality increases, and tax revenues go down, rinse, repeat and eventually you end up where we are now.
Why is making the public suffer considered fair game but making the super wealthy pay their share politically inconceivable?
Can you give me examples of services you think DOGE will cut that the economy depends on? Genuinely asking. I assume we have different mental models of what will go away.
When I think of spending cuts, I think of: USAID (23B), that rural fiber project (42.5B) and the electric charging stations (7B), stuff like that. I have a hard time imagining that these are net economic positives, but I am sure you have different services in mind that would be worse to cut. My impression is that the government is actually full of waste. I certainly don't feel like the citizens receive 8T of value in return for the taxes we pay.
At any rate it doesn’t matter what you or I think or say anymore. Politics in the sense of the people debating and voting is dead now, because democracy is dead. Trump is replacing the whole federal bureaucracy from the top down with loyalists, including the justice department- he no longer has to listen to congress or the courts. Democracy lasted 249 years; we had a good run.
No, politics is dead, there is only survival now. Trump will continue to yank our chains, keep us guessing, suppress free speech, target minority groups for extermination- and we have to endure, or run.
Because when you cut taxes on the super wealthy, you are effectively taking money away from education and infrastructure and allocating it towards superyachts.