Skip to main content

Posts

Showing posts with the label government spending

Tax Revenue Allocation

I posted this meme earlier today on Facebook and a friend of mine asked the question, "What tax revenue? Isn't the US already $18 trillion in debt now? It is a good question. I thought about it and decided to blog.  Tax revenue? Yes, we have it. Here is what I believe the problem to be. First of all, we do allocate tax dollars. The problem is what we allocate it to, secondary to the problem of spending without a plan. In the business world, at least with a successful business, your budget is usually flat. What does that mean? It means that there is not enough to do everything that you want to do. You have to pick and choose but also you look for ways to get things done. For example, waste. There are several types of waste and by reducing these types of waste it can be a huge cost savings, especially over time. That cost savings can they be used to build infrastructure, upgrade facilities, or update computer systems for example. Our government, as most of us know, virtu...