3 ms·
It's not so simple. Governments run huge deficits and debt is the primary means of funding. Taxes are more of an inflation guard.
by rapsey 6y ago
It's not so simple. Governments run huge deficits and debt is the primary means of funding. Taxes are more of an inflation guard.
- Sambdala 6y agoThey specified Municipal and/or State governments which cannot monetize a deficit.