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Tax the Rich All You Want. It Won't Fix the Deficit.
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realcaseyrollins narwhal.city realcaseyrollins@narwhal.city
Joined: 2026-02-16
Quote

The problem is not that the government collects too little. It's that the government spends too much.

https://reason.com/2026/03/12/tax-the-rich-all-you-want-it-wont-fix-the-deficit/

-1   Original
Riskable programming.dev riskable@programming.dev
Joined: 2023-06-23
#2 · Quote Reply

Deficit? That is only tangentially related. Tax the rich the most because the can afford to pay the most.

Also, wealth should not grow so much that a few people are worth more than the bottom 2/3rds of the world. Tax them until the situation is drastically better. Then we can talk about maybe cutting down the amount.

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realcaseyrollins Moderator realcaseyrollins@narwhal.city
Joined: 2026-02-16
#3 · Quote Reply

Deficit? That is only tangentially related. Tax the rich the most because the can afford to pay the most. Also, wealth should not grow so much that a few people are worth more than the bottom 2/3rds of the world. Tax them until the situation is drastically better. Then we can talk about maybe cutting down the amount.

I guess it depends on what your goal is. Taxing the rich feeds the machine way more. Libertarians want to reduce the machine, if not kill it completely.

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