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It goes into the Treasury Department's general fund, where it's used as part of the federal government's overall budget
by phainopepla2 8mo ago
It goes into the Treasury Department's general fund, where it's used as part of the federal government's overall budget
- mmooss 8mo agoI think that's more important than people realize: * The executive branch is doing its own appropriations, effectively - it's revenue they create and control, with little restriction (?). * It's a way of shifting revenue from progressive taxation to regressive forms (for example, sales tax is another way to do that).