3 ms·
> Because without an income stream no one loans to the government The government prints whatever money it needs to pay its bills, and does so already with impu
by newZWhoDis 4y ago
> Because without an income stream no one loans to the government
The government prints whatever money it needs to pay its bills, and does so already with impunity. It also pays interest on money loaned to it (bonds) with printed fiat.
Also, you completely missed the point. Of course taxes “do things”, and ending them would also “do something”. That wasn’t the question.
The question is simple, why pay taxes at all when the government has the ability to print an endless supply of money?
- mint2 4y agoWhy so should people answer or respond if the responses are ignored in order to repeat posting the same wrong preconceptions… preconceptions that were already addressed and even provided a contemporary example that was also ignored.