I see an argument for tax cuts everywhere. Taxes are literally brakes on financial transactions. The number 1 way to slow down your economy is to tax every transaction possible as highly as possible. It is an interesting thought experiment to eliminate income and sales taxes, and try to only finance the government via tariffs.

How we redirect money to the medical system is so completely insane it must be the #1 place politicians get their graft from. It’s just so insane

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fzeroracer 2 days ago | parent [-]

> I see an argument for tax cuts everywhere. Taxes are literally brakes on financial transactions. The number 1 way to slow down your economy is to tax every transaction possible as highly as possible. It is an interesting thought experiment to eliminate income and sales taxes, and try to only finance the government via tariffs.

Then you don't actually see an argument for tax cuts everywhere. What you want is a tax that you agree with, that disproportionately affects people you don't care about.

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monero-xmr 2 days ago | parent [-]

My preferred way would also to be to eliminate expenditures, but failing that, redirecting taxes in a way that grows the US internal economy as much as possible, and incentives the re-industrialization simultaneously, is an interesting experiment.

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selectodude 2 days ago | parent | next [-]

Everybody wants to reindustrialize yet I don’t see a lot of people signing up to work in a factory. Why don’t you go be the change you seek?

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GuinansEyebrows 2 days ago | parent | prev [-]

Eliminating US government expenditures would obliterate the entire economy overnight.

	▲	monero-xmr 2 days ago \| parent [-]
		I would not literally eliminate expenditures but as we cut the total taxation we similarly reduce spending 1 for 1