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By definition if you spend more, you tax more. Every amount of govt spending is matched by an increase in taxation to the penny for any positive tax rate. The o
by neilwilson 7y ago
By definition if you spend more, you tax more. Every amount of govt spending is matched by an increase in taxation to the penny for any positive tax rate. The only thing that stops that is increases in private saving along the route.
Why do you want to stop increased saving?
The 'wealth tax' doesn't work because it doesn't stop the 'wealthy' from bidding on the thing government is trying to buy. So you are just going to cause inflation.
Why not try explaining to people how the system actually works?