One of my least favourite things is paying my credit card bill too :) I wish I could just stop , but we know what happens if we do.

Sovereign debt and personal debt are apples and oranges.

If you need more money, you can get another job or get a better paying job. You might even take out a loan to start a small business. Raising your income is an alternative to cutting expenses. And taking on debt is actually a useful way to get the benefits of a purchase without having to save up for it first.

>you can get another job or get a better paying job

For an increasing number of people over an increasing period of time, this isn't an option? Do you think people can snap their fingers and materialize a 6-figure tech salary? I just saw two layed off people on linkedin today, that's two more 5+ years experienced professional software devs on the market...

How much tax is enough? The government would, without playing a deduction game, would love to take 20-30% of my income, while having devalued my dollar by 50-100% in the last 5 years. My salary goes half as far.

Being honest, on what should be a great local salary, we can't even afford a starter home, or savings after our monthly grocery bill. The government caused this inflationary Era to devalue the debt, and your suggestion is to take more from families already struggling to stay ahead?

Such a communist. Take from the people at gunpoint, give it to the DC bureuacrats.

It's telling that you didn't even consider that the taxes would come from businesses. The businesses that created the majority of inflation by gouging consumers out and bleeding them dry every tiniest opportunity they legally could.

I mean practically this take is so wrong. If the (US) government is just so hell bent on taxation how the heck did we get to the point where taxes on income went from 90% (~1950) on top bracket to less than 35%? Business tax was (35% 2008) -> 20% (2020).

Empirically in the US in the last 70 years this just never has played out this why. The government did not cause and rarely causes major inflation either at least in this time period. Usually its the economy explodes due to a private industry bubble exploding or natural resources crunch due to foreign governments reducing oil production or pandemics.

Its pretty childish to use communist as a tag line when I qualified the claim you can believe that benefits should not exist but if you do you have to own saying you want to cut benefits for poor people and give a tax break to rich people (at least that is what happens when you cut taxes in a progressive system)

I read about a guy in Turkmenistan who would as a punishment be taxed 20%, and I thought, living in Western Europe or North America is kind of a financial punishment .

Mind you, taxed 20%, not 20% extra. Source: https://www.jw.org/en/news/region/turkmenistan/Turkmenistan-...