> But that is not how it works. Not for a government that can borrow at practically zero cost. "practically" zero cost is far different from "zero cost". If so

> But that is not how it works. Not for a government that can borrow at practically zero cost. "practically" zero cost is far different from "zero cost". If someone pays less taxes and the government has to issue bonds someone has to buy the bonds, so the government can get money. And who buys the bonds? Those people who have money. Who are those people? Probably those who didn't pay much tax, so they still have much money. And no one buys bonds if he doesn't get something out of it. Even low interests ("practically" zero) are far more than no interest.