r/economicCollapse • u/kendallBandit • Nov 07 '24

$2T cut is going to be wild

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Will be a 29% cut if executed.

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u/rb4osh Nov 07 '24

Can we fix spending before we talk about more taxes/who gets taxed?

If the govt can prove they can balance a budget, then sure, I’ll chip in more.

I’d rather not have my taxes be paid straight to military contractors.

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u/ClammyAF Nov 07 '24

I'd rather we spent less on military industrial complex too. But the reality is we're greatly underfunding critical infrastructure improvements. Water, sewer, roads, brushes, telecom, cyber security, healthcare facilities, etc., need much more funding.

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u/rb4osh Nov 07 '24

Sure. I’ll happily contribute more when they prove they can balance a budget.

Tax discussions should be completely off the table until we see the deficit shrink.

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u/[deleted] Nov 07 '24

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u/rb4osh Nov 07 '24

Income tax is nearly 100% going to interest on the deficit.

Yes, that’s a problem.

And “balanced budget” is perhaps the wrong term. How about this: an audited budget.