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Joined 2 years ago
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Cake day: August 2nd, 2023

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  • Tell me you know nothing about economics without telling me you know nothing about economics.

    Taxes are an anti-inflationary measure that are implemented at the end of the federal governmental fiscal year. Where they get implemented is where politics comes in, but taxes are just money that is collected and deleted. We literally used to burn the collected currency, but since most of our currency these days is digital, we just zero out a line in the federal government’s accounting ledger.

    Taxes never have, never will, and never can pay for anything when talking about a sovereign currency. That’s a conservative zero sum lie that people that don’t understand economics fall for.