• Ottomateeverything@lemmy.world
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    1 year ago

    Well if you really want to get technical about it… No programs or spending are really funded by taxes anyway, the government just says “OK” and the numbers in the bank accounts of the companies implementing said program go up. Taxes funding things is just a myth. Taxes just delete money. So technically, nothing is funded by taxes and taxes are just a money void.

    Edit: People seem to be down voting because they think this is tinfoil hat BS or something. It’s not. Look up modern monetary theory. Governments with fiat currency don’t need to collect money to pay for things. They just invent and issue more currency. See this video: https://youtu.be/75udjh6hkOs?si=dVpp9V5f96kLDV4-&t=1628