Re:Why a German billionaire says that pledges like Mark Zuck...
by kuschku on Thursday December 03, 2015 @12:37PM
(#10671032)
And that’s how the US ends up with horrible roads, transit quality going down, and so on.
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Re:Why a German billionaire says that pledges like Mark Zuck...
by jeffdavis on Thursday December 03, 2015 @01:14PM
(#10671385)
The roads are pretty good around my area. Maybe that's because I voted for a small local tax increase for that purpose.
Assuming your correct, it probably has a lot of other contributing factors. The federal government gets by far the largest share of tax revenue, but a lot of transportation issues are felt more at the state and local level.
I doubt transportation problems are due to a lack of federal tax revenue. Keep in mind most governments in the world are smaller than a big US state. Incentives and priorities get distorted a lot when you have one entity responsible for trillions of dollars of annual expenditures.
Re:Why a German billionaire says that pledges like Mark Zuck...
by sliverstorm on Thursday December 03, 2015 @03:55PM
(#10672570)
Terrible roads seem far too local of a problem to be due to philanthropic billionaires diverting wealth. Quality seems to vary distinctly by county or city; I once lived near a city line where the line was demarcated by the abrupt transition from flawless asphalt to a minefield of potholes. Neither was a particularly famous, wealthy, or powerful county, and neither had resident billionaires.
No, I'm more suspicious of measures like California's Prop 13, as well as county and city level management.
Re:Why a German billionaire says that pledges like Mark Zuck...
by kuschku on Thursday December 03, 2015 @04:14PM
(#10672681)
Well, tax loopholes in general lead to less taxes. Which leads to budget cuts.
For example, look what happened in the UK: http://www.theguardian.com/commentisfree/2015/nov/11/david-c...