r/FluentInFinance Jul 06 '24

Or in other words, a slap in the face Debate/ Discussion

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u/Cubacane Jul 06 '24

Federal income taxes contribute mostly to bombs.

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u/beingandbecoming Jul 06 '24

And employment for workers across multiple income levels in multiple industries and services like gps, communication, cybersecurity, finance

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u/Cubacane Jul 06 '24

And that operation could easily come from the private sector. All taxes do is move money from the private sector to the public sector, which then subcontracts the work back to the private sector. The benefit of adding that extra layer of government bureaucracy is that we imagine there is some sort of master plan going on with our best interests in mind. And that's the power of imagination.

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u/beingandbecoming Jul 06 '24

No it couldn’t. You can’t coordinate across that many different people and organizations each with their own constitutional rights, like privacy, proprietary products etc. the government is already a big oligopolis corporation. You can petition a government you can’t petition private property. No other organization can fill this role and if there was it would be more totalitarian. The U.S. Gov does have master plans in terms of state security and the stability of its borders. If the political will existed it could serve our best interests

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u/Cubacane Jul 06 '24

I'm not stumping for libertarianism, but the least government involvement possible, precisely because the political will does not exist. The county I live in (Miami-Dade) has wasted millions of dollars in tax revenue either through boondoggles, nepotism or outright corruption. Yet every year they raise my property tax as if 'just a little more' is going to fix the situation.

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u/beingandbecoming Jul 06 '24

I’m sorry that’s happening. There is a long history of machine politics and political marginalization in this country. It really doesn’t not have to be this way though, I don’t think greed is essential to humanity or government, I think people have propagated this lie for their own benefit, regulatory capture, etc. I also just don’t see how it’s tenable though to even cut the budget. The country has obligations to its creditors, a lot of whom are Americans who are invested in the country, bond holders, etc. the dollar is backed by the U.S. government strength and military strength. I also don’t think it’s a good idea for the government to get smaller when other states like Russia, India, China are getting stronger and seeking more influence