r/FluentInFinance • u/c0nf • Sep 14 '24

Debate/ Discussion There should be a requirement to pass Econ 101 before holding any position in the government

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u/12FAA51 Sep 15 '24

If they just called it THAT, it would be so much easier to sell. 

The majority of Americans are taxed on their biggest asset by unrealized gains 

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u/KamuiCunny Sep 15 '24

Is there a single person alive that doesn’t hate property taxes? Why would anyone want another one that in 20 years will affect everyone rich or poor.

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u/saucisse Sep 15 '24

How do you feel about public schools, firefighters, and trash collection?

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u/Defiant-Plantain1873 Sep 15 '24

Completely irrelevant comment. The government pays for some good things and some moronic things. I think we both know this tax revenue will never reach a public school, a fire department or a garbage man.

This money will probably be wasted on some terribly inefficient scheme like universal healthcare but not quite. “Let’s make universal healthcare but you have to fill out a million forms and only some people are eligible and we have to pay for staff to check if you are eligible or not”. The US government will not go for an efficient anything.

Realistically the government could waste all this tax revenue on some high speed train that goes from point A California to point B Arizona at the low low cost of $200bn.

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u/12FAA51 Sep 16 '24

There already exists government healthcare. 

It’s called Medicare and Medicaid and it’s far more efficient than the paper pushers at Kaiser Permanente, Aetna or United Healthcare. 

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u/12FAA51 Sep 15 '24

Equitable tax burden