3 ms·
>If you have more than you need, and you know that others don't, and you know that the government is not efficient enough to use it properly You don't pay taxe
by crdoconnor 9y ago
>If you have more than you need, and you know that others don't, and you know that the government is not efficient enough to use it properly
You don't pay taxes so that governments can spend money. Governments can spend as much money as they like - they print the damn stuff.
The economy would function precisely as it does now if every dollar paid in tax were burned and every dollar spent by the government were printed.
Taxes paid to extinguish money. It is supposed to be deflationary - a transfer of wealth to everybody else spending money in the economy.
- cantrip 9y agoNone of that is remotely true. Even discounting local and state governments, which use tax dollars to fund themselves and can't print money like you describe, even the federal government doesn't work like that.