I've been asking for a simple data point(s) for years. (flat tax is terrible but it's simple for educational purposes)
What flat tax rate w/ no deductions would equal current tax revenues?
What tax rate would balance the budget?
What tax rate would pay off the debt in 10 years?
20 years?
40 years?
Neither side will answer these questions because both want the political issue to scream about.
People need to know both, how badly the rich are fleecing the rest...and how truly bad our debt situation is.
Only then can we have realistic discussions on the path forward.
And I'm firmly in the wildly higher rich tax rates camp.
@rakdaddy effective altruism is a perfect example of how over-optimising before-the-fact can entirely fuck up everything
"sure some people are poor and starving NOW and we could help them, but consider this: time is endless so once we just fund and build the perfect benevolent artificial general intelligence, it will end up solving all the problems of an infinite number of future people to be born, and it's just basic math that "infinite people to the power of the number of all human problems" is greater than "people starving in Current Year", so who's the real asshole here?!"
@rakdaddy ooh
din·gus (dÄng′əs)
n. Informal
1. Something whose name is unknown or forgotten.
2. A person regarded as stupid.
3. Vulgar Slang The penis.