It is a given that government has a role in society for the common good. And, it is equally clear that government needs revenue, that is to say, taxes. How much of each is up for debate.
Today the liberal mindset seems to be moving more to the left implying virtually no limits on government’s role or the taxes needed.
We hear about Medicare-for-all, free college, forgiveness of student loans, expanded Social Security, and government guaranteed jobs among other social goals requiring more taxes. All at a time of rising government debt and depletion of Social Security and Medicare trusts.
To become closer to solvent government needs more revenue or less spending. And then we need to talk about revenue for any new programs.
To me all this raises several questions:
🤔 Is government the most efficient vehicle to change/support society?
🤔 How involved in our lives do we wish government to be?
🤔 How dependent do we wish to be on government and thus subject to future political winds?
🤔 How much of our income should be consumed with taxes?
Wouldn’t it be nice if we could get definitive answers from both ends of the political spectrum?