It would be so nice of that tax was actually "burned"(similar to proof of stake), instead of being used to fund even greater inflation. This comes in the form of a huge administration, which gets payed for providing, many times, negative value. Alternatively, it is used to pay social benefits for the sole purpose of keeping the current political party in power.
> Alternatively, it is used to pay social benefits for the sole purpose of keeping the current political party in power
This sounds like a 2-party government problem, not a tax problem. Plenty of countries do just fine spending that money to provide healthcare, unemployment, etc to their citizenry. Only really seems to be the US that views this as a negative
Us does spend the money on healthcare, it is just very inefficient. US government spends much more per capita than any other country. 50% than the #2 country, Germany.
I don't know where you're getting your numbers but according to OECD, the per capita spending in the US is 13k. That's public and private spending. I don't think your 12k per capita number is just public spending.
This can be a problem, especially for the elderly. In France the retired (pensions are publicly funded) save 25% of their income on average, and earn more than the workers. France is also the most taxed country in the OECD and most voters are either retired or will retire next decade. It's just another clientelism.
The USA is very corrupt, true. But getting rid of the "huge administration" and burning tax receipts is not going to solve that. How could it?
One of the roles of the state in a modern society should be to ensure no one is left behind to starve, wither and freeze amongst the incredible resources we (as a society) have accumulated.
That takes administration. That takes resources. That is what your taxes should be used for.
I agree that far too much is used to give aid to the powerful, but the solution to that should not be to condemn the weak.
Burning taxes and de-funding the administration is exactly that: condemning the weak.
It will be a cold day in hell before Americans stop assuming everyone on the internet is American or talks about the US government.
The government's role is whatever the people voting for it decide it to be - maybe to defend the borders, maybe to educate everyone, maybe keep everyone fed, clothed and sheltered.
The issue is, again I don't really care about the US or your government, some governments come to power on a platform of welfare. As long as they keep giving people "welfare" they will continue to be voted in power. As such, they will distribute wealth created in that country towards the goals of staying in power.
Myself, without being special, I never found myself having the same needs as this majority. Unfortunately, since I'm a minority (middle class), without the means to avoid being coerced into contributing to this plan (not super-rich), I'm left without recourse.
The weak are intentionally condemned through poor education and by voting idiots that promise them bullshit to get elected, not because the government doesn't have enough tax money. This cycle will never break by allocating more money, and the last 100 years have plenty of examples in that sense.
I think OP is talking about decoupling tax and government spending, Modern Monetary Theory-style.
In this model government just prints all the money it needs in order to function. Taxation isn't used to fund government, it's used to give your currency value, and to stop inflation running out of control. Metaphorically, you might as well pile all that tax take up and burn it, because once you've collected it it's performed its function.
This is a very simplistic take on MMR, and I don't think it would work in the real world, but spending does precede taxation.
