← Back to context

Comment by analog31

20 hours ago

According to the old story, the New York Times asked a famous bank robber why he robbed banks. The answer: Because that's where the money is.

The money for funding public and quasi-private (universities and hospitals) institutions has to come from somewhere. Making it equally affordable for everybody doesn't raise enough money to maintain operations. Same for funding the government.

Granted, I think all of those institutions are due for reforms, which have little chance of happening right now, but still, I think the basic funding equation can't be eliminated.

> The money for funding public and quasi-private (universities and hospitals) institutions has to come from somewhere. Making it equally affordable for everybody doesn't raise enough money to maintain operations. Same for funding the government.

That's what taxes are for: you take proportionally more from people with more assets. I find the entire conversation about "not wanting my tax dollars to pay for some millionaire's kids' education", because those millionaires would end up paying the difference in taxes (under a fair system) than they do now.

That's without even considering the perverse incentives at play when a wealthy parent can use the payment or withholding of payment for education as a way to control their kids. Just because a parent is wealthy it doesn't necessarily mean that the kid would have access to those funds, or that explicit or implicit requirements that could be imposed to access those funds would be reasonable.

  • Indeed, and I think we're not far apart on this. I would support funding of things like education and healthcare through progressive taxation, and making them free, or some nominal cost.