Damus
The Bitruvian Man · 75w
It means they can steal less next year. It is better than stealing more next year, and the year after, and the year after, plus interest, etc.
stacktoshi ๐Ÿš€ โˆž/21m · 75w
Replace โ€œgovernmentโ€ with โ€œcorporationโ€ and everyone would be cool with it. Itโ€™s a big planet with lots of resources. We just need to stop stealing from each other.
TallBrian · 75w
The good news is weโ€™ll never find out what a government is like that operates in a surplus.
Karnage · 75w
Depends on source of surplus. I think people who say itโ€™s good donโ€™t have overtaxation in mind.
Bison · 75w
Thereโ€™s some state governments that run a surplus and just send out refunds to raxpayers.
Bilthon · 75w
Good point. But deficit is still worse. With a surplus at least the stealing was transparent.
Tauri | Bitcoin (XBT) · 75w
Donโ€™t worry, the surplus will be stolen too.
Daniel · 75w
I think let the surplus ride until end of fiscal year, or quarter for that matter. Then distribute surplus back to its population. A government should never profit off its people
nami · 75w
Whoever says that surplus is a fiscal responsibility, either has no idea about macroeconomics or is a fraud or both. On the other hand controlling the deficit is not a light topic and also you have to have control of your currency (do you hear eurozone citizens?). If you know what you are doing, y...
Deleted Account · 75w
Being able to verify where tax money goes and how itโ€™s being spent would completely change the picture. Government surplus: lower tax rates or rollout tax returnsโ€ฆ Government deficit: decrease spending, reset budgets, reelections etc.