How to brazenly steal $100B from Medicare and Medicaid

Re:How to brazenly steal $100B from Medicare and Medicaid by darth_avocado on Thursday March 09, 2023 @11:46AM (#35083295)

Why is it that when I pay 20$ less on my taxes, the IRS sends me a letter to make sure I pay the right amount, but when the government has to spend that money, $100B is not a big deal.

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Re:How to brazenly steal $100B from Medicare and Medicaid by jalk on Thursday March 09, 2023 @12:24PM (#35083806)

Because very little human labor was involved in determining that you payed too little tax, but proving the fraud currently does

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Re:How to brazenly steal $100B from Medicare and Medicaid by voisin on Thursday March 09, 2023 @11:52AM (#35083380)

Because taxes are meant to keep you as a serf.

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Re:How to brazenly steal $100B from Medicare and Medicaid by black6 on Thursday March 09, 2023 @01:15PM (#35084612)

Yup. The income tax was fundamentally designed to prevent the accumulation of wealth.

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Re:How to brazenly steal $100B from Medicare and Medicaid by dragonwriter on Thursday March 09, 2023 @01:23PM (#35084709)

> The income tax was fundamentally designed to prevent the accumulation of wealth.

Progressive income tax in the abstract was conceptualized to prevent the concentration (persistent inequality of distribution) of wealth, not its accumulation.

The actual US implementation has been tuned very carefully to avoid doing even that, via (among other mechanisms) the preferential treatment of capital gains.

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