Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

That might be true in some countries, but in the USA it goes to the military, farmers to make GMO soya beans & corn syrup, and other random corporations.


Ok, yes, the US spends a lot on the military, but the vast majority of taxes goes towards social programs (specifically SS and healthcare programs) and the current administration and majority of Democrats are trying to spend more on common infrastructure and additional social programs with an emphasis on families. It sucks that we have a terrible implementation of government that requires using vastly inefficient loopholes to fund programs, but it is what it is and we should do the best we can with it.


Surely SS and healthcare are largely funded by SS payments. Taxes go toward Medicare but premiums are a big part too. https://www.pgpf.org/budget-basics/medicare


SS "payments" are taxes.


Those are payroll taxes, not income or wealth taxes that would be targeting the rich.


SS payments are now also paid from treasury reserves, so collected general taxes do in fact pay for (part of) SS.

Also, there is no reason that the cap on SS tax collection shouldn't be lifted.


Since when does the US have no roads or schools? Also not convinced that government spending to boost food production is a bad thing. Famines are really unpleasant




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: