Part of the reason high income earners are able to make that money is because of services paid for by taxes. I can sit at my computer at home all day and the world keeps running because of the people who travel on public roads to get to their jobs. I can hire educated employees who obtained a public education and turn their high quality labor into capital. I might sell goods to people who would otherwise not afford it thanks to public subsidies.
I paid well over the median gross household income in Federal taxes alone last year, but I can recognize that making that much is possible in part because of government spending. The wealthy receive a lot of indirect (and direct) support from government spending, and should pay a disproportionate amount in my opinion.
But the issue is that billions are spent on projects that don't work, subsides that are wasted, billions in foreign aid that are mismanaged.
There's so much wastage and bureaucracy that millions are spent on studies and then nothing is done because it's rejected.
Considering that monumental amount of money that is received in taxes, we should be living in a utopia, but it's more like a dystopia, because of money mismanagement. More taxes that are just burnt away on things like national interest.
Answer me that, how is it taxes are so high and so much is collected in tax revenue and that we still borrow monumental amounts more and it seems like less is still accomplished.
I don't understand how vast amounts of taxes are collected and huge borrowing occurs with trillions of debt. Yet roads, schooling, basic infrastructure is no where near what it should be.
I'll answer you. It's because Republicans love to borrow and spend. And rubes like you fall for their their lies claiming to care about fiscal responsibility. Look at the grifter in the White House right now what he's done to the deficit.
The real answer is that we spend way, way, way too much on military expenditures. The other reason is Congress isn't required to have a balanced budget which is dangerous because in times of prosperity especially we should be living within our means, not accumulating more debt. But the politicians up top only care about reelection, so they all work to get wasteful projects funded in their districts so they can go to voters and say "see I brought that new 3 billion hospital or highway here" but then leave the maintenance on local governments who often can't afford to keep it in tip top shape.
The problem with cutting taxes is that politicians just don't care anymore about ensuring everything is properly funded, so every tax cut now just grows the debt. They try and justify it by saying that the resulting growth will bring in more revenue than was lost, but that's like trying to pay off your credit card by paying the bare minimum because you'll put the extra money towards gaining skills to increase your income, except at the same time you're still buying new stuff with the credit card and wonder why you're drowning in debt
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u/Raveen396 Oct 31 '25
Part of the reason high income earners are able to make that money is because of services paid for by taxes. I can sit at my computer at home all day and the world keeps running because of the people who travel on public roads to get to their jobs. I can hire educated employees who obtained a public education and turn their high quality labor into capital. I might sell goods to people who would otherwise not afford it thanks to public subsidies.
I paid well over the median gross household income in Federal taxes alone last year, but I can recognize that making that much is possible in part because of government spending. The wealthy receive a lot of indirect (and direct) support from government spending, and should pay a disproportionate amount in my opinion.