Re:Suspicious Discontinuities
by kazagistar on Friday February 21, 2020 @10:25AM
(#22383749)
Tax rates dont pay for services, they pay for preventing inflation. The government printing money pays for services.
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You are being needlessly contrarian.
Fiscal policy comprises both borrowing and taxing; the two are fungible as far as spending is concerned.
The government can only effectively print money to the extent that they can convince bond purchasers that taxes will be collected in the future.
Re:Suspicious Discontinuities
by iainmerrick on Friday February 21, 2020 @12:07PM
(#22384688)
Tax rates dont pay for services
What are you replying to?