The proposed budget for the United States for 2020-2021 is more than 3.8 Trillion dollars.
With that, we have a large number of politicians and citizens who believe we need more tax revenue.
I vehemently disagree with this stance.
Somehow, a country of 360 million people cannot survive on 3.8 TRILLION dollars?
That works out to 10,500 dollars for every man, woman and child in the United States.
The problem isn’t money – the problem is the allocation of that money!
You can add another 2 Trillion dollars to the tax revenue but its not going to solve a thing. Its going to get mis-allocated just like the current 3.8 Trillion dollars…
And, that 3.8 Trillion dollars in tax revenue doesn’t even include the additional 1 Trillion+ that states and local governments collect…