Defend your right to own a car.

[David88vert]

Technically yes, but our system is not single payer, it is payed for through taxation. At some point the amount of taxes a small percentage must pay to support the majority is no longer viable, people either won't be able to survive or they will find ways to take their money/business etc. elsewhere. So technically percentage is not the factor, the taxation on that small percentage in order to maintain the needed amount of revenue will be. Then what happens? There is a tipping point that the system is unsustainable, what is it?

The system becomes unsustainable once the revenue amount collected through taxation cannot support the collective.

[Browning151]

The system becomes unsustainable once the revenue amount collected through taxation cannot support the collective.

Yes, clearly.

Eventually in our system you will reach a point where the percent of people paying cannot meet the amount of revenue needed, or should I say will not? If you reach the point that you must tax someone at an exorbitant rate to sustain the revenue, even though the revenue is there the system is still unsustainable.

[David88vert]

Yes, clearly.

Eventually in our system you will reach a point where the percent of people paying cannot meet the amount of revenue needed, or should I say will not? If you reach the point that you must tax someone at an exorbitant rate to sustain the revenue, even though the revenue is there the system is still unsustainable.

Let me state this another way.

First, let's assume that the total cost/need of the collective (including governmetn operation expenses) is $5 trillion per year ($5T/yr).
Second, let's make the assumption that a single person makes $5T/yr. No one else has any income at all.
Third, let's assume that the government taxes income at 100%.
If the government is collecting all of the tax revenue from that individual, then technically, the system is sustainable. As long as the individual continues to work, collect, and then pay out, and not increased cost impacts the government's expenses, then the system still works. If the costs increase over the amount collected, or anything else that makes revenue be less than what is being spent, then the budget starts into deficit spending. Technically, that is still sustainable as long as we have credit being extended to the government.

[Sinfix_15]

Let me state this another way.

First, let's assume that the total cost/need of the collective (including governmetn operation expenses) is $5 trillion per year ($5T/yr).
Second, let's make the assumption that a single person makes $5T/yr. No one else has any income at all.
Third, let's assume that the government taxes income at 100%.
If the government is collecting all of the tax revenue from that individual, then technically, the system is sustainable. As long as the individual continues to work, collect, and then pay out, and not increased cost impacts the government's expenses, then the system still works. If the costs increase over the amount collected, or anything else that makes revenue be less than what is being spent, then the budget starts into deficit spending. Technically, that is still sustainable as long as we have credit being extended to the government.

I believe he's saying that there is a point when the mule is going to say no to the wagon. I'm pretty sure that will happen long before the "mule" is contributing 100% of what it's capable of.

[David88vert]

I believe he's saying that there is a point when the mule is going to say no to the wagon. I'm pretty sure that will happen long before the "mule" is contributing 100% of what it's capable of.

That is where deficit spending comes into play. We currently are already in deficit spending and have a national debt as our yearly spending outpaces our revenue.

[Sinfix_15]

That is where deficit spending comes into play. We currently are already in deficit spending and have a national debt as our yearly spending outpaces our revenue.

Democrats would have us beat the mule to death first.

[Sinfix_15]

I've got a really crazy idea.......

lets create a currency... make it good for everything. Then have it to where people can do whatever they want to get this currency and trade it for anything they want. So that whether you want to pick vegetables and sell them for currency, or get paid to provide labor for currency... ect ect...

That way people can go out into the world and acquire their own currency rather than relying on the government to hand it out???

I know that's a crazy concept..... but i think it could work.

[Browning151]

I believe he's saying that there is a point when the mule is going to say no to the wagon. I'm pretty sure that will happen long before the "mule" is contributing 100% of what it's capable of.

Yes. I don't know why this had to be taken to such a technical point.

That is where deficit spending comes into play. We currently are already in deficit spending and have a national debt as our yearly spending outpaces our revenue.

Which cannot continue forever. You can't just borrow and print forever, eventually the well runs dry.

[Sinfix_15]

Yes. I don't know why this had to be taken to such a technical point.



Which cannot continue forever. You can't just borrow and print forever, eventually the well runs dry.

Future of our country doesnt matter.... as long as this month's welfare checks go out.