
<a href="https://reason.com/2025/07/31/were-lying-to-ourselves-about-taxes-spending-and-the-debt/" target="_blank">View original image source</a>.
Have you ever wondered just how much we, as a society, are prepared to pay for government services? Well, Congress is stirring the pot again, as they struggle with extending tax cuts without really asking the heart of the matter: What do Americans actually want their government to do for them? The ongoing debate about taxes, spending, and debt is like arguing over the best toppings for a pizza while forgetting there’s little money for the pizza itself!
Take the “Big Beautiful Bill,” which sidesteps real changes by throwing a few reforms here and there but still balloons the national debt. Alarm bells ring over cuts to Medicaid spending, yet it’s projected that the program will continue to expand rapidly. With Social Security and Medicare looming like a scary horror movie, the question remains—are we going to keep ignoring this financial cliff until we have to throw ourselves from it?
Here comes the kicker: raising taxes on the wealthy isn’t the golden ticket many seem to think it is. If history’s any indication, higher tax rates merely prompt people to get creative at dodging them. They work less or shift their income around, so good luck mining those expected revenues! Maybe it’s time for a little introspection when it comes to aligning what Congress promises with what they can realistically fund.
So, let’s chew on that. If you had the chance, what priorities would you choose to fund or cut? It’s a sticky question, but it’s one we can’t afford to ignore any longer.
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