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Two options if you want to reduce it eliminate it.
Bloody civil war killing those who created it and then declaring it null and void.
Or reduce government spending and move taxes to real assets (real estate mostly) instead of production. Anything you tax you get less of and we currently tax income and profits most heavily so we get less of actual production with much speculation and rent seeking.
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[–] drakesdoom2 0 points 1 point 1 point (+1|-0) ago
Two options if you want to reduce it eliminate it.
Bloody civil war killing those who created it and then declaring it null and void.
Or reduce government spending and move taxes to real assets (real estate mostly) instead of production. Anything you tax you get less of and we currently tax income and profits most heavily so we get less of actual production with much speculation and rent seeking.
[–] radiosigma [S] ago
Or the third (peaceful) option: remove taxation
[–] drakesdoom2 ago
Alone that does nothing for the standing debt.
I want lower taxes in smarter places but no taxes is a fantasy just like functioning communism.