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/
Tax the Rich All You Want. It Won't Fix the Deficit.
Submitted 4 hours ago by realcaseyrollins to finance@thelemmy.club
https://reason.com/2026/03/12/tax-the-rich-all-you-want-it-wont-fix-the-deficit/
riskable@programming.dev 1 hour ago
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.
realcaseyrollins 1 hour ago
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.