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Comment Re:Just balance the budget. (Score 1) 121

Pretty sure that all taxes are paid by humans in one form or another, I don't think robots are paying taxes yet. Sure you can tax a corporation, but you are just indirectly taxing the shareholders, and they are people too.

You vastly overestimate the taxation capacity of the economy. Go read the fed's papers on optimal taxation and you will see that the US is close to the optimal rate right now. The theory of optimal taxation is to maximize tax collections over time. Sure you can raise taxes a lot right now, but if you do that people stop investing and you lose future taxes. Optimal taxation theory shows how to maximize the combination of current and future taxes.

Since we are sitting pretty close to the optimal number currently, we need to reprioritize spending, not just spend more. Spending more simply increases the debt. Increasing the debt increases interest expense. And the more the government spends on interest, the less it can spend on other priorities.

Comment Re:The jubilee, would it be worth it? (Score 1) 121

You need to consider the currencies. The Romans had metals based hard currencies. Try doing this with a fiat currency like the USD and you'll be toting wheelbarrow loads of cash to the grocery store. Look at what is happening in Iran right now with loss of confidence in the currency, 56% inflation in a month.

Comment Re:Just balance the budget. (Score 1, Troll) 121

Total government spending federal, state, local in total is around $10T with $7T of that being federal spending. There are 133 million households in the USA. Now divide. That works out to $75,000 per household per year in government spending. The US median household income is $83,000.

Does anyone really think we need more government spending? Maybe the problem is that the existing spending is not being effectively utilized.

Comment Re:Just balance the budget. (Score 5, Insightful) 121

What happens when interest expense exceeds 50% of tax collections? The U.S. government's interest expense consumes a significant chunk of its revenue, recently reaching around 19% of all federal revenue in FY 2025, with projections suggesting it could rise to 27% by 2035. Maybe we can support all of that debt, but we won't have any more government spending programs.

Comment Re:As the saying goes... (Score 1) 59

Many commenters don't understand how dangerous the trash removal is. There are human bodies near the summit which haven't been removed.

After a little research drones are likely the answer. They already have them working up to 20,000ft. With more R&D it is possible to make drones which work at the summit and still have lift capacity. Many people are already flying camera drones at the summit.

Comment Re:As the saying goes... (Score 0) 59

Pay to have extra sherpas bring up balloons with bags. The balloons have built in thermal source to heat them enough to loft them (or use some other scheme). Launch waste balloons when the wind in the right direction for them to float to the lower elevations. Pay the locals to retrieve them and dispose of the trash. It is slow process but over time it can reduce the waste near the top. Might even be able to optimize with a radio command to drop immediately when over the right area; radio command pops the balloon. These aren't toy balloons. Use balloon which can loft 30-40lb.

Comment Re:Contempt or SEC violation? (Score 1) 21

It's really an opinion question, is AI going to dramatically alter the web or not? No one knows the answer to that. All that we do know is that AI is disrupting a lot of things and the web may end up being one of them. So depending on how you feel about AI that day, your answer can differ.

Comment Re:You mean realists? (Score 1) 211

I googled something like net worth of US billionaires and that was what came out on top. I was looking for the the $6.72T number, not the count of the billionaires, that count varies everyday be cause many up them are right at the $1B line. A strong up/down day in the market can change the number by 30.

My point is that even if you took every penny the billionaires have and passed it out to the general population you are only going to get a one time check for $17.920. And if they have to pay taxes first that one check will be closer to $14,000. Even though billionaires are extremely rich they are still nothing much when compared to the size of the overall US economy. The pandemic stimmie checks were of similar size and they weren't life changing.

People compare themselves one to one with a billionaire and feel very poor. But look at it collectively, if you confiscated everything the billionaires have they could only pay off the US deficit for about 18 months before they collectively went broke. And then we'd still have a giant deficit without anyone to tax. It's just a fantasy to think that taxing the billionaires can close the deficit or provide free healthcare for all. Use you brain and a calculator, it can't possibly work. Sure, make them pay more in taxes, but it isn't going to dramatically change things.

Comment Re:You mean realists? (Score 1) 211

"According to Forbes, there were 868 U.S. billionaires as of 2025, holding a combined wealth of $6.72 trillion as of the end of 2024, a decrease from the 813 reported by Forbes in its April 2024 list but with increased overall wealth. The United States has the most billionaires globally, with these individuals concentrated in states like California, New York, Florida, and Texas."

$6.72T / 375 milllion (population of USA) == $17,920 per person.

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