But hide that money off shore out of the markets and you starve the circulation of our market system. Yes taxes are “redistributed” by consensus to do the things that individuals can’t get done by themselves (interstate highway system, space station, aircraft carriers). Since congress makes the laws and controls the budget it settles on congress to direct the spending.
They could spend less on discretionary spending and plow our tax dollars back into research and development, education or build bridges to nowhere in order to win favor in their districts. In an economy of scale our trillion dollar budget sure sounds big to you and me in the middle class in our homes around our table but the revenue the federal government has to work with based on our lowest in the western world taxes is actually a little short on the revenue side due to the necessities and demands on our country as a whole and as big as it is…..wildfires, hurricanes, tornadoes.
One bugaboo always picked on by those that want to privatize and charge fees for what are currently free public services (no overhead, commissions, or profit margins to employees, CEO’s and shareholders) is social security. If the Congress raised the limit on the amount of income that is subject to the social security contribution (tax) from $100,000.00 to say a million social security would be solvent for multiple generations. Understand that income earned over $100,000.00 isn’t subject to social security tax so as a percentage you and I pay a vastly larger percentage of our income to social security than Bill Gates or the Koch Brothers…..(not fair)
In conclusion big government isn’t “bad” in a big country but rather necessary to coordinate all that goes on in such a large diverse population….also I would point out the government isn’t bad or evil – its just an institution – its the people that potentially populate that institution that are either good or bad.
Having had months to negotiate any kind of budget long before sequestration took place a few in congress are holding up the budget process. They are causing the economic blood to stop flowing and threatening to kill the economy because their views are in the minority and they were unable to achieve them through the legislative process by having bills go back and forth between the Senate and the House.
You can’t hijack the economy and threaten to stroke it out but you can take your case to the American people and try to win elections. A certain segment of society hates the president I wasn’t too fond of George Bush but advocating killing the economy to win environmental concessions is literally hostage taking. Or hijacking the economy to get background checks and close the gun show loophole is just as wrong. The only way to accomplish that is to state your case and run candidates who will then vote for the change that coincides with the will of the people. We the people that’s how its done.
Congress has taken the economy hostage and is threatening to kill the economy when they had all the time in the world to control their own spending which they are in charge of and campaign to the entire nation on repealing the affordable care act which they did but lost that appeal to the american people. And the american people want our lowest in the western nation taxes to go toward caring for the sick, and curtailing corporate greed. Perhaps we are a christian nation or at least a caring one?
Our politicians should honor that sentiment and look for other ways to advocate for their pet peeves rather than threatening to sabotage the economy to achieve their minority aims – aims that were not persuasive in the last Presidential election to the majority.