> This is a massive oversimplification -- if everyone voted purely to protect their financial interests, "voter-approved tax increases" wouldn't exist.
Yes, it would! People always vote to raise taxes on the minority (the 'rich') to give money to the majority (the 'poor'). This is rule by tyranny, a common issue with democratic governments. It is one of the main reasons democracy is not the ultimate value of the United States governmental system.
Many people see it as "Oh I was paying $500 a month on healthcare but now the government will pay for it by increasing taxes. However, I'm not a 1% so it won't affect me as much as it affects them so I'm getting a dollar's worth of government for 80 cents today." Those same people aren't paying attention to their tax withholdings all they know is that if they don't get a refund then they are upset.
kyshoc|6 years ago
tathougies|6 years ago
Yes, it would! People always vote to raise taxes on the minority (the 'rich') to give money to the majority (the 'poor'). This is rule by tyranny, a common issue with democratic governments. It is one of the main reasons democracy is not the ultimate value of the United States governmental system.
blackflame7000|6 years ago
ndiscussion|6 years ago
Increasing taxes raises the cost to the individual, but it also raises costs for all their neighbors, and results in community improvement (ideally).
Is investing an attack on your financial interests?