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I agree with you. I think it is perhaps a great use of tax revenues, but at the state level all that tax revenue came from taxes. At the federal level it is pos
by TaylorAlexander 5y ago
I agree with you. I think it is perhaps a great use of tax revenues, but at the state level all that tax revenue came from taxes. At the federal level it is possible to create money from nothing, something fans of Modern Monetary Theory would emphasize. Tho for the most part that is also tax dollars.
Could be a good use of taxes but I don’t think it’s correct to say “not a penny of tax revenues spent”.
- bawana 5y ago^THIS. The fed govt prints more money. Cities and everyone else cannot,until every town starts to mine their own coin. Would you rather mine dodge coin or ‘new York’ coin that is backed by a municipal bond issue?