Anonymous
Anonymous asked in Business & FinanceTaxesUnited States · 9 years ago

Pros and cons of choosing where your tax dollars go?

Or if it was some by choice and other parts mandated?

For instance, you got to choose what percentage of your taxes went into what. Like every year when tax time rolls around you get to choose-

military

interest on the debt

health care

income security

veterans’ benefits

education

nutrition spending

housing

environment

etc.

and it specified what exactly your money would be doing in each department after you selected it, i.e. You chose 20% in Education and it would tell you that much would go to teacher salaries. Could this be a better system and if not, why?

9 Answers

Relevance
  • Bub
    Lv 7
    9 years ago
    Favorite Answer

    Just not feasible. The system we have now works pretty well for the most part. Some people will never be happy. I don't want the extra hassle of nitpicking some percentage of some lame program.

    • Login to reply the answers
  • 9 years ago

    This is not workable because it makes it impossible for government to commit to anything. So for example if not enough people put money towards social security, then the government can't send people's checks out.

    Also, people would not fund the major programs of government at all in proportion to cost. E.g. 80% of the budget is medicare + medicaid + defense + social security + debt interest

    • Login to reply the answers
  • ?
    Lv 7
    9 years ago

    Won't work because NO one would want their taxes to go for Education (we have no children)

    Not interest (pay with cash stop borrowing)

    Health care (we pay for our own policies so should everyone else)

    Income security (save and stop depending in the government)

    Nutrition ( buy a book and learn to feed yourself)

    Housing ( pay your own bills and stop living on handouts

    So it won't work Everyone has a personal opinion what their Salary pays for and no one likes paying for someone else

    • Login to reply the answers
  • 9 years ago

    The ONLY thing you can currently tell the Fed to do with ANY of your money is to check 'yes' on the election fund question. That puts $3 towards the matching funds for elections.

    • Login to reply the answers
  • How do you think about the answers? You can sign in to vote the answer.
  • 9 years ago

    The amount we have to pay in interest on the debt is fixed by the amount of the debt and the interest rate. We cannot decide to spend less on interest on the debt, unless we actually pay off the debt.

    The rest of this seems like an interesting idea.

    • Login to reply the answers
  • 9 years ago

    I have no idea how many people the 100+ million, i suppose. Anyway how could the government possibly attempt to do such a thing? More importantly, do you think people really have the knowledge necessary to make these decisions?

    • Login to reply the answers
  • ?
    Lv 6
    9 years ago

    No it would not be a "better" system; it would be a chaotic one. You DO get to "choose" indirectly - through your elected representatives. It's hardly a perfect system, but better than what you propose.

    • Login to reply the answers
  • 9 years ago

    Con- no one could ever actually have a budget for anything.

    • Login to reply the answers
  • tro
    Lv 7
    9 years ago

    we don't really have a choice

    • Login to reply the answers
Still have questions? Get your answers by asking now.