Quak, Quak, quuaakk

  • 0 Posts
  • 1.21K Comments
Joined 9 months ago
cake
Cake day: December 23rd, 2023

help-circle














  • The US has been letting their mega corps and billionaires get off without paying proper taxes for decades. How many trillions did trump add to the deficit with his tax cut for the rich?

    These issues are probably fixed by stopping with Reaganomic thinking. Taxing unrealized capital gains, disallowing stock buybacks and switching to a method of revenue based taxing as the profits just flow to tax havens and sit there.

    Edit: also you know that the US military complex as a whole is just a gigantic social security program with extra steps, right?





  • Money is spent within the US and used to procure new stuff. At the same time the US sends their dated stockpiles to Ukraine. The US spends money maintaining stockpiles (keeping stuff operational is not free) and explosives have a shelf life, so once near expiration it needs to be either refurbished or disposed of and both cost money too.

    Money is virtually endless in this aspect, as the amounts spent on this for help to Ukraine amounts to a small percentage.

    The total spent is 177 billion since the start of the war, of which 107 billion is sent, the rest is used by the us military to cover the cost of the help (logistics, oversight etc.).

    In the same period the US military had a budget of 817 billion a year… and we are in year… 3 so 60 per year out of 817 billion. And again the 107 billion is spent on buying replacement stuff from US defence contractors who employ US workers and pay US taxes. This is not as expensive as you think. The other 70 billion pays US military costs. So in essence it is an increase in us defense spending.