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> funded via tax revenue, just like everything else the government does FDIC assessments and taxes are different. You can over-simplify mentally to a tax, but
by gorjusborg 3y ago
> funded via tax revenue, just like everything else the government does
FDIC assessments and taxes are different. You can over-simplify mentally to a tax, but that doesn't make it true.
The FDIC runs more like an insurance provider than a run-of-the-mill government agency.
- rcme 3y agoSocial security and Medicare are also a form of insurance. Are you not paying a social security and Medicare tax? How is that different?