SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Trump Presidency
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: neolib who wrote (69512)5/2/2018 7:23:59 PM
From: TimF  Read Replies (1) of 356150
 
employment tax should really 100% be considered part of the Federal Gov's annual taxation income

Because that's what it is.

Taxing is taxing spending is spending.

Yes there done in different ways, and used for different purposes, and sent to and from different structures under different rules, and if you get down in the weeds its not all a big nothing, it matters in certain ways. But the big picture is that the government taxes and the government spends.

What it spends on matters, some spending is more useful than others, some can be harmful even in gross terms not considering the cost, while other spending is beneficial enough to more than be worth the cost. Similarly some ways of taxing cause more problems that other ways of bringing in revenue. But what label you put on that taxes or spending, or what type of tax goes in to what fund to be loaned to some other fund and then later paid back by some other tax doesn't matter on the big picture level.

Entitlements are important not because of the label or what taxes fund them or how the funds are accounted for but because

1 - They are set up in a way to make them slightly harder to cancel.

and most of all because

2 - They are the biggest area of spending, and they are growing faster than any other large category of spending.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News