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A comment on Modeling a Wealth Tax. Parent comment

Re:Modeling a Wealth Tax by supercanuck on Tuesday August 18, 2020 @09:54AM (#24198545)
Government Spending is included in GDP and government services have value to a society.

It is not simple just a management fee because instead of being used to purchase a luxury goods it may be used to improve healthcare, infrastructure or regulating industry.

If it wasn’t for government investing into DARPA none of these startups would even exist.

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Re:Modeling a Wealth Tax by logicchains on Tuesday August 18, 2020 @09:59AM (#24198607)
In the US the vast majority of government spending is on defence and welfare: https://www.cbo.gov/publication/56324 .
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Re:Modeling a Wealth Tax by supercanuck on Tuesday August 18, 2020 @10:05AM (#24198680)
DARPA was defense.
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