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Of course the government needs to collect taxes. My comment was a rhetorical one to illustrate the silliness of the idea “any amount of debt is fine” If that w
by rank0 5y ago
Of course the government needs to collect taxes. My comment was a rhetorical one to illustrate the silliness of the idea “any amount of debt is fine”
If that were REALLY true, it shouldn’t matter if the government does or does not collect taxes.
Not sure I’m explaining my self well… so to reiterate:
If any arbitrarily large deficit is acceptable, what would happen if tax revenue fell 90 percent? No sane person supports eliminating taxes…but lots of people believe the national debt can be infinite.