Just Post

Taxes are deflationary, taking money out of the economy. Billionaires avoid taxes, part of how they push up inflation.

Billionaires constantly try to consolidate power, to push profits up, and hence prices. Billionaires and the wealth disparity they create, are both inflationary. Helping the rich get richer at the cost of everyone else.

Every country which runs and has the sovereign right to print its own currency (eg. Their currency isn't pegged to another) has enough money (as long as inflation hasn't gone hyper). Taxes aren't where money comes from. We spend first, and collect taxes as an after thought (which is why deficits are possible)... "We spent money we don't have" doesn't actually make sense, of course we had it to spend... We control the supply of money, we have an infinite amount (inflation is the constraint on spending, so why are we helping billionaires raise inflation?).

The only reason for taxes is to track spending so we can keep Neoliberal rating agencies like S&P and Moodies happy. It's just to please international Neoliberals, so we can say "profits are up"... When we should be measuring outcomes of government. Not how well government pleasured the wealthy and thus, pubished the poor.

...and most of these ratings agencies are from countries who have fucked their economies anyways. It's all a hypocritical facade to pay the rich. We're at french revolution levels of wealth disparity.

The real economics are those of helping citizens to be and do more. What we have now is a sham and should be replaced.