Comment by kory | Hacker News Reader

Comment by kory | Hacker News Reader

Government should prove it can spend the money well before asking for more. The waste and incompetence I see in government is astounding. It's much worse than anything I've seen in private corporations.

Speaking specifically for America, the government can barely even agree on where it wants to spend its current "budget".

Say you have a couple who constantly fights over how to spend their $10m/yr budget, of which nearly half is borrowed, and 11% of which is spent on policing their entire neighborhood. Each year, they nearly default on their debt because they can't agree on a budget for the next year to keep paying interest.

You wouldn't give them even more money to solve their problems, because the problems are clearly with the amount and poor allocation of their spending. Why would you do the same with the US government?

I have never heard anything worth remembering come form trying to argue about government spending or fiscal policy by treating it like household budgeting.

It’s kind of like if people argued that a bridge construction must be unsafe because they tried to make something similar in their kids sandbox and it fell apart when it got wet.

This is not about asking for more money. This is about companies cannot fleeing rational tax rates of normal countries into countries which specialize in "stealing" the companies from normal countries and making this their code business.

Why shouldn't people or companies be able to move where they can grow, prosper or have rules according to their values or projects? Curiously, when we talk about taxes the focus is often in the country that is harboring people instead the one that made itself unattractive.

I think it does not matter where you put your company, you have to follow the rules of the market where you sell your goods. And these markets just said: you have to pay at least 15% tax to continue selling stuff here.

Free trade is not a one direction story.

We're not talking about companies that _actually_ move to these countries, they just pretend to, on paper.

> This is about companies cannot fleeing rational tax rates

Some of the US states operates one of the biggest tax havens in the world, is the US govt going to shut them down?

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