Governments that can print their own money don’t actually get money from taxes; taxes are how excess money is taken out of circulation. The budget actually gets balanced by inflation and everyone’s money being worth less. It’s a flat tax on people with cash.
Governments that can print their own money don’t actually get money from taxes; taxes are how excess money is taken out of circulation. The budget actually gets balanced by inflation and everyone’s money being worth less. It’s a flat tax on people with cash.