The U.S. government gets $7 trillion in taxes every year, and can't fix poverty? (employment, regular)

[skins_fan82]

Originally Posted by KonaldDuth

Homelessness and overall poverty keeps increasing. Liberals say give the politicians more money and they'll fix it. Yet we already transfer $7 trillion from the working class to the politicians and the result I always see is a larger welfare class. Ok, you want to elect Bernie Sanders and have him take 99% of Bill Gates's money. Then what? Give it to bums to spend on cigarettes and booze? Give to high school grads to get useless college degrees? Give it to worthless solar panel companies like Solyndra? What kind of stupid plan is that? Liberals are trying to create a real Atlas Shrugged situation where all clowns in D.C. take the producing class's money and society collapses due to resource misallocation.

What are you even talking about?!

[katzpaw]

"The U.S. government" DOES NOT "get $7 trillion in taxes".
$7 trillion includes federal, state, and local taxes.
The feds collect about $4 trillion.

Of that $4 trillion, the big expenditures are:
33% Social security, unemployment
27% Medicare and health
16% Military
6% Education

[skins_fan82]

Originally Posted by katzpaw

"The U.S. government" DOES NOT "get $7 trillion in taxes".
$7 trillion includes federal, state, and local taxes.
The feds collect about $4 trillion.

Of that $4 trillion, the big expenditures are:
33% Social security, unemployment
27% Medicare and health
16% Military
6% Education

Oh wow, actual facts and not just a paragraph of psychobabble.

[HockeyMac18]

Originally Posted by Raddo

Ok, but my impression is that liberals are trying to take capitalism out of the mix and convert completely over to socialism. These days it's almost like capitalism is a dirty word, while socialism is very politically correct.

Am I way off base?

I think most reasonable "liberals" don't want to see capitalism gone. After all, many of them succeed in that system well. The debate really is not about eliminating capitalism altogether (something I've never actually seen debated legitimately anywhere...anarchist kids in college don't count)...the debate is really about what kind of socialism to bring into our system.

I also question your assertion that it is just "liberals" who are against capitalism. I don't see either party (in their current forms) looking to instate full on capitalism.


Something to consider: we have had a hybrid system for a long time, and we'll never get "pure capitalism". We're also never going "full socialist", either.

[beb0p]

Originally Posted by Raddo

Ok, but my impression is that liberals are trying to take capitalism out of the mix and convert completely over to socialism. These days it's almost like capitalism is a dirty word, while socialism is very politically correct.

Am I way off base?

Are you kidding me?

Did you missed the 2016 election when the Republicans rejected capitalism (Obama and Hillary) in favor of protectionism??????

.

[Raddo]

Originally Posted by beb0p

Are you kidding me?

Did you missed the 2016 election when the Republicans rejected capitalism (Obama and Hillary) in favor of protectionism??????

.

Obama and Hillary = capitalism?

Hmmm. Maybe I did miss the election.

[freemkt]

Originally Posted by KonaldDuth

Homelessness and overall poverty keeps increasing. Liberals say give the politicians more money and they'll fix it. Yet we already transfer $7 trillion from the working class to the politicians and the result I always see is a larger welfare class. Ok, you want to elect Bernie Sanders and have him take 99% of Bill Gates's money. Then what? Give it to bums to spend on cigarettes and booze? Give to high school grads to get useless college degrees? Give it to worthless solar panel companies like Solyndra? What kind of stupid plan is that? Liberals are trying to create a real Atlas Shrugged situation where all clowns in D.C. take the producing class's money and society collapses due to resource misallocation.

Entirely wrong war. A War on Working Poverty could have easily succeeded, but that is not the war government chose to wage.

Let's narrow the battlefield and win the RIGHT war, then we can consider engaging other fronts..

[freemkt]

Originally Posted by jetgraphics

It doesn't help the argument when the O.P. is wholly incorrect.

http://www.federalreserve.gov/faqs/currency_12773.htm
● How much U.S. currency is in circulation?

● There was approximately $1.5 trillion in circulation as of February 22, 2017, of which $1.47 trillion was in Federal Reserve notes.

U.S. Population (2017) : 326,474,013
>>> $4,502.65 per capita <<<

Federal Budget (2017): $3.65 Trillion
<<<$11,180.06 per capita >>>
... PLUS A DEFICIT ...

Now exactly WHERE are 7 trillion dollar bills being taxed each year?

Maybe OP was confusing dollars with quatloos?

[case44]

Here's how people make money: Lower taxes.

Lower taxes means more money in people's pockets and checking accounts. Otherwise, the government's not doing anybody any favors.

Cut taxes. Now, is that hard??

[functionofx]

Originally Posted by KonaldDuth

Homelessness and overall poverty keeps increasing. Liberals say give the politicians more money and they'll fix it. Yet we already transfer $7 trillion from the working class to the politicians and the result I always see is a larger welfare class. Ok, you want to elect Bernie Sanders and have him take 99% of Bill Gates's money. Then what? Give it to bums to spend on cigarettes and booze? Give to high school grads to get useless college degrees? Give it to worthless solar panel companies like Solyndra? What kind of stupid plan is that? Liberals are trying to create a real Atlas Shrugged situation where all clowns in D.C. take the producing class's money and society collapses due to resource misallocation.

Not certain the U.S. government gets 7 trillion dollars a year in taxes, but regardless, we can't tax ourselves to prosperity. Every government created job is paid for by taxation or inflation. To get rid of poverty government must facilitate education, and allow companies to grow in the United States.