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Tax rate on richest 400 lower than every other group

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Comments

  • GDS
    GDS Member Posts: 1,470
    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    based on the poasts from guys like Mike and Sleddog it seems like our investments in schools have not produced universally good results...
  • greenblood
    greenblood Member Posts: 14,566
    edited October 2019
    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    Military spending is too high

    Roads in large part are maintained at the state level. Have you ever crossed the Oregon and California border on I-5?

    School spending is also primarily done at the State level. The Federal government provides a small fraction of the revenue. Those charts will show that the problem isn't funding, it's the efficiency at which those funds are used.
    https://www2.ed.gov/about/overview/fed/10facts/edlite-chart.html

    You give the government $40 million to build a bridge, they'll build the bridge. You give the government $50 million to build the same bridge, they'll build the same exact bridge for $50 million. Unless the government is held accountable for their inefficiencies, there will always be a shortage of funds.
  • SFGbob
    SFGbob Member Posts: 33,188
    edited October 2019
    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    A the biggest part of our taxes goes to pay for things that government has no business being involved in. Retirement and healthcare for oldsters and yes I would say that paying for grandma's hip replacement is an unbelievable shitty investment.
  • Sledog
    Sledog Member Posts: 38,561 Standard Supporter
    GDS said:

    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    based on the poasts from guys like Mike and Sleddog it seems like our investments in schools have not produced universally good results...
    Our tax investment in your education has wrought us another communist. Certainly a waste of money as it's a failed system. But you'e not shmart enough to figure that out.
  • greenblood
    greenblood Member Posts: 14,566
    GDS said:

    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    based on the poasts from guys like Mike and Sleddog it seems like our investments in schools have not produced universally good results...
    They haven't. The U.S. ranks 17th overall in education performance, yet we spend the third most dollars per student. Pretty shitty investment I would say. We spend money like the Yankees, but we perform like the Angels.
  • SFGbob
    SFGbob Member Posts: 33,188

    GDS said:

    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    based on the poasts from guys like Mike and Sleddog it seems like our investments in schools have not produced universally good results...
    They haven't. The U.S. ranks 17th overall in education performance, yet we spend the third most dollars per student. Pretty shitty investment I would say. We spend money like the Yankees, but we perform like the Angels.
    Also, some of the states with the lower per pupil spending like Utah have some of the higher student test scores and grades.
  • greenblood
    greenblood Member Posts: 14,566
    SFGbob said:

    GDS said:

    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    based on the poasts from guys like Mike and Sleddog it seems like our investments in schools have not produced universally good results...
    They haven't. The U.S. ranks 17th overall in education performance, yet we spend the third most dollars per student. Pretty shitty investment I would say. We spend money like the Yankees, but we perform like the Angels.
    Also, some of the states with the lower per pupil spending like Utah have some of the higher student test scores and grades.
    Careful...

    You've been warned
  • SFGbob
    SFGbob Member Posts: 33,188

    SFGbob said:

    GDS said:

    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    based on the poasts from guys like Mike and Sleddog it seems like our investments in schools have not produced universally good results...
    They haven't. The U.S. ranks 17th overall in education performance, yet we spend the third most dollars per student. Pretty shitty investment I would say. We spend money like the Yankees, but we perform like the Angels.
    Also, some of the states with the lower per pupil spending like Utah have some of the higher student test scores and grades.
    Careful...

    You've been warned
    Iowa is another one. Gosh, now what do those two states share in common?
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    Military spending is too high

    Roads in large part are maintained at the state level. Have you ever crossed the Oregon and California border on I-5?

    School spending is also primarily done at the State level. The Federal government provides a small fraction of the revenue. Those charts will show that the problem isn't funding, it's the efficiency at which those funds are used.
    https://www2.ed.gov/about/overview/fed/10facts/edlite-chart.html

    You give the government $40 million to build a bridge, they'll build the bridge. You give the government $50 million to build the same bridge, they'll build the same exact bridge for $50 million. Unless the government is held accountable for their inefficiencies, there will always be a shortage of funds.
    Keep up with the discussion. Which is total taxes including State and local. And yes the interstate system was a federal initiative and investment.
  • greenblood
    greenblood Member Posts: 14,566
    edited October 2019
    2001400ex said:

    2001400ex said:

    Gwad said:

    Society is going to breakdown if the top 400 don't have those extra millions!!!!!!!!!!

    The government is better at investing than the private sector!!!
    A large part of our taxes over the years have gone to the military, roads and other infrastructure, and schools. Would you say those are poor investments?
    Military spending is too high

    Roads in large part are maintained at the state level. Have you ever crossed the Oregon and California border on I-5?

    School spending is also primarily done at the State level. The Federal government provides a small fraction of the revenue. Those charts will show that the problem isn't funding, it's the efficiency at which those funds are used.
    https://www2.ed.gov/about/overview/fed/10facts/edlite-chart.html

    You give the government $40 million to build a bridge, they'll build the bridge. You give the government $50 million to build the same bridge, they'll build the same exact bridge for $50 million. Unless the government is held accountable for their inefficiencies, there will always be a shortage of funds.
    Keep up with the discussion. Which is total taxes including State and local. And yes the interstate system was a federal initiative and investment.
    The state maintains it. It was created as a military initiative.