Oddbean new post about login | logout Huge if true https://www.nytimes.com/2024/10/24/us/politics/donald-trump-tax-policy.html
Psssaast. Yeah, over here. Let me tell you sumtin. It isn’t.
Jahahah I mean not paying income tax sounds pretty dope ngl
I can list a lot of things that sound dope. Don’t make them true. Or even remotely possible. Buy BTC.
Did you read the article you posted? The article was very negative on the idea. Granted the source was NYTs so no surprise there. So if what they had to say is true then it would not be huge in a good way but a very bad way. I am not an economist and have a hard time knowing who to believe these days. Both sides of the arguments sound correct to me. 🤷🏼
I just picked a random article on it, that’s my bad I should have read it. My argument against Income tax is that it in no way is “keeping our country afloat”. Roads aren’t built with taxes they are built with debt in our modern society. The arguments against the topic are incorrect, the tax is only being used to pay down the interest on the $35T in debt. All other government expenses are being paid for by new debt. Trumps argument is that tariffs can do what the tax money is doing towards interest, and this will give Americans more money in their pockets. I agree, although the tariffs will surely make everything more expensive as well so it’s a double edged sword
Sweet, but this is coming from the NY Times. I can't even say take this with a grain of salt, because you'd need a dump truck full of it. All taxation is theft. Get rid of it all, not just one little fucked up piece of the grift pie.