The purpose of tax is to free resources from the private sector so it can be purchased at non-inflationary prices (as well as driving the currency). The actual

The purpose of tax is to free resources from the private sector so it can be purchased at non-inflationary prices (as well as driving the currency). The actual financial operations of the UK make it clear that taxes at the national government level are not used for paying for anything, as you rightly point out: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4890683 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4890683