3 ms·
Taxes are then paid back out by government spending (which exceeds taxes, btw, so inflation is doubly-inevitable). So, you did not actually negate the point of
by StandardFuture 5y ago
Taxes are then paid back out by government spending (which exceeds taxes, btw, so inflation is doubly-inevitable). So, you did not actually negate the point of the comment you are replying to.
- gruez 5y ago>Taxes are then paid back out by government spending (which exceeds taxes, btw, so inflation is doubly-inevitable). You can certainly do that under MMT, but then that would be the equivalent of not having taxes at all.