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This is plain wrong. At the federal level I in the USA, taxes are not used to pay for anything. Federal government spends first and then collects taxes. If you
by mempko 9y ago
This is plain wrong. At the federal level I in the USA, taxes are not used to pay for anything. Federal government spends first and then collects taxes. If you haven't noticed, the government ran a deficit for the good part of the last 150 years with no issue. In fact the government MUST run a deficit if we want our economy to grow, or even stay out of recession/depression.