this post was submitted on 13 Mar 2024
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Personally I think the surplus revenue should actually be set aside at first.
Turn it into a national sovereign wealth fund to use as a way to patch over lean times in the budget or to dip into during a recession or depression.
With so many people interested on embezzling or at least "using" it, which constitutional mechanism is going to ensure that doesn't happen?
I'd just put it in the control of the Fed with a requirement of providing reports of performing their duty as a fiduciary controlling it.
Plus being able to quickly make use of it in an emergency would allow the Fed to be alot more dynamic on monetary policy where needed.
It's still an organization made up of people.
I don't have a better answer, I still think yours is not satisfactory.
Yeah but those people report directly to Congress, and personally I've got my own bone to pick with how Congress is set up so my pie in the sky version of things has a much better designed one
Also abolishing the independent executive because it inherently acts as a parasitic force dragging a country further and further from a democratic/republican core of design