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A comment on AT&T giving $1000 bonus to all its employees because of tax reform. Parent comment

Re:AT&T giving $1000 bonus to all its employees because of t... by perseusprime11 on Wednesday December 20, 2017 @08:03PM (#15975460)
Not to stir up controversy, governments have to figure out a different way to make money than taxing people. It is about time somebody figured this out. In a world run by fiat currencies, what does deficit even mean? Just print more money using leverage. Who’s gonna check?
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Re:AT&T giving $1000 bonus to all its employees because of t... by specialist on Thursday December 21, 2017 @08:25AM (#15978555)
You have the arrow backwards:

Governments create demand for money by collecting taxes.

https://en.wikipedia.org/wiki/Modern_Monetary_Theory

That's why the economy (the measure of the velocity of money) grows when taxes are raised.

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Re:AT&T giving $1000 bonus to all its employees because of t... by perseusprime11 on Friday December 22, 2017 @02:49PM (#15990336)
Modern Monetary Theory is based on collecting taxes. I am talking about a new theory that is not based on taxes at all but instead, it is based on Government making money by selling govt. land, investing social security money in high growth funds, etc.
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Re:AT&T giving $1000 bonus to all its employees because of t... by AnimalMuppet on Wednesday December 20, 2017 @10:18PM (#15976138)
Are you proposing having honest accounting, and assuming that nobody will look? Or are you proposing having dishonest accounting, and assuming that nobody will be able to look deep enough to prove it?

People actually do seriously read the federal budget statements...

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Re:AT&T giving $1000 bonus to all its employees because of t... by nemothekid on Wednesday December 20, 2017 @08:21PM (#15975551)
Printing money would be de facto tax-by-inflation.
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Re:AT&T giving $1000 bonus to all its employees because of t... by richardknop on Thursday December 21, 2017 @01:32AM (#15976885)
Not if that money never enters the circulation. Just use it to keep deficit down, it doesn't need to actually get all the way down to consumers.
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