By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children in different states. She’s planning multiple other trips, including to a science fiction convention in Scotland and a Disney cruise soon after that,

Well let’s tax them more and stop that. That may we will go into a recession where the less affluent will bear the brunt of it.

  • NeuromancerOPM
    12·
    2 months ago

    It’s not just a spending problem. There are also problems with the tax code itself, loopholes the rich can use to reduce their tax contributions, military overspending, IRS audits not being done on the richest who are overestimating their debt and underestimate their assets, and so many other problems that are not specific to whatever president we currently have.

    A lot of wrongness in this. There are no loopholes. The system is designed the way it is. Don’t ever think it was a mistake.

    We don’t overspend on the military. We are slightly above our NATO commitment.

    IRS audits the wealthy, guess what, when you hire a lawyer and account to do your taxes they are often accurate.

    • BobaFuttbucker@reddthat.com
      1·
      2 months ago

      There are no loopholes. The system is designed the way it is. Don’t ever think it was a mistake.

      Those are the loopholes ;)

      We don’t overspend on the military. We are slightly above our NATO commitment.

      ….which is based on our current spending. We spend more than the next 3 countries combined and continually raise the budget. Democrat AND Republican Presidents both do this.

      IRA audits the wealthy

      Well they’re trying, but thanks to the budget cuts both by the former president AND current House, they can’t go after all of them :(

      Also I like that your arguments basically contradict each other. Does the IRS audit the wealthy or is it setup to let them not pay taxes? Hmmmmmmmm