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Grim Affiliations
Garys Economics
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Comments by "Grim Affiliations" (@grimaffiliations3671) on "Taxing the Rich = Growing the Government?" video.
Yup. But the greatest trick she ever pulled was convincing people "there is no government money, only taxpayer money". When in reality, taxes dont actually pay for anything the government does. It's all government money. More people need to read "The deficit myth" or watch "finding the money"
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Taxing capital is better than taxing income, because that's where most of the inequality is
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@KeithPierce1000 no, citizens taxes are debited out of existence upon payment. They pay for nothing. They make us pay taxes to create demand for the currency, not become they need our money to finance spending
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taxation is only theft if you believe something is only yoursif you worked for that thing, in which case private property is also theft since no one created the land that property is on, or the natural resources that make up the property
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Norway has a very high number of billionaires per capita and their taxes are very high
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The tax man doesnt spwnd our money, his job is to take it out of circulation. And money the government wants to spend, they create
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A lot of people dont realize that taxpayer money doesnt actually pay for anything the central government does. Its debited out of existence upon payment. They make up pay it to create demand for the currency and regulate the amount of money in circulation
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The government can reduce taxes without cutting spending, after all taxes dont actually pay for anything the government does. Check out the book "the deficit myth" or the documentary "finding the money"
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Yeah that's where the most inequality is too
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@kevinsyd2012 We create a land value tax and pay people a UBI with the windfall so pensioners can afford the land value tax
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Social democracy is the right combination
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@strategicviewpoint6672 big doesnt = beurocratic
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@strategicviewpoint6672 yeah, a big government requires high public spending, but that isn't inherently bad. In fact, its ideal for any growing economy
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@strategicviewpoint6672 government spending only becomes inflationary if you spend beyond your economy's capacity limits
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