18 sats \ 1 reply \ @Louferlou 22 Aug 2023 \ on: Which tax rate do you consider "fair" and would pay? bitcoin
I think a 10% public spending relative to GDP is "fine", bearable, and already achieve a lot of things.
"Free" (but private) basic education + a good security (police and army for borders defense etc) are already achieved with that kind of expenditure and I need nothing more IMO
More it's becoming true socialism that I'm not confortable with
I think the federal government revenue (ie tax collections) averages ~18% of GDP historically. 10% is probably still very high in terms of what a reasonable bare minimum would be. What I’m saying is, if every single person (corporations are legal persons as well) paid the same % regardless of income level or anything else, 10% would probably be where the market settles out in terms of what is tolerated / not rebelled against
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