> We've got crumbling infrastructure, cash-strapped schools, students loaded with debt, and the fallout from a housing bubble, but Mark Zuckerberg really needs that new yacht.
It's interesting that you mention education and infrastructure as the big problems, because this is an article about federal taxation, while those are largely state and municipal areas of responsibility.
We spend more on education per capita than every developed country except Switzerland. And while our infrastructure is crumbling, it's because states and cities choose to pay for it through regressive means such as user fees instead of taxes. That's probably because they're in competition with other states and cities to attract residents and businesses.
It's interesting that you mention education and infrastructure as the big problems, because this is an article about federal taxation, while those are largely state and municipal areas of responsibility.
We spend more on education per capita than every developed country except Switzerland. And while our infrastructure is crumbling, it's because states and cities choose to pay for it through regressive means such as user fees instead of taxes. That's probably because they're in competition with other states and cities to attract residents and businesses.