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It is also part of fiscal/monetary policy. Sure, the government could increase the money supply. but if the amount of spending they want to do is greater than t
by gizmo686 6y ago
It is also part of fiscal/monetary policy. Sure, the government could increase the money supply. but if the amount of spending they want to do is greater than the amount they want to increase the money supply by, they need some way to reconcile the two, which taxes provide.