Azalin Posted September 1, 2017 Posted September 1, 2017 Most of gator/tiberius quotes end up something like this anyways With the notable exception that South Park is funny.
Dr.Sack Posted September 2, 2017 Posted September 2, 2017 Taxes aren't necessary to fund the government.
Azalin Posted September 2, 2017 Posted September 2, 2017 Taxes aren't necessary to fund the government. Would you care to elaborate?
Dr.Sack Posted September 2, 2017 Posted September 2, 2017 Would you care to elaborate? We can start at how money is created and who creates.
ALF Posted September 2, 2017 Posted September 2, 2017 They can't pass anything that is not revenue neutral.......so good luck The borrowing to fund the massive cost of Hurricane Harvey
Magox Posted September 2, 2017 Posted September 2, 2017 We can start at how money is created and who creates. Ok, start there.
Chef Jim Posted September 2, 2017 Posted September 2, 2017 Ok, start there. No! For the love of God no!
Dorkington Posted September 2, 2017 Posted September 2, 2017 They can't pass anything that is not revenue neutral.......so good luck Really surprised they haven't been more aggressive in lowering spending, as well. I know they've made some cuts, but not enough yet to offset some of the tax plans I've seen floating around. They've always harped on small government, low spending, paying down the debt, etc. This is the time to make it happen. If they wait too long, they might lose the votes to push things through.
/dev/null Posted September 2, 2017 Posted September 2, 2017 Really surprised they haven't been more aggressive in lowering spending, as well. I know they've made some cuts, but not enough yet to offset some of the tax plans I've seen floating around. They've always harped on small government, low spending, paying down the debt, etc. This is the time to make it happen. If they wait too long, they might lose the votes to push things through. Republicans are all about tax cuts and spending cuts when they're out of power. Once in power they enjoy spending as much as Democrats
grinreaper Posted September 2, 2017 Posted September 2, 2017 There are 11,000 fewer federal workers now than a year ago. It's a start.
TakeYouToTasker Posted September 2, 2017 Posted September 2, 2017 Ok, start there. This should be good.
DC Tom Posted September 2, 2017 Posted September 2, 2017 We can start at how money hammers is created and who creates. Fixed.
Nanker Posted September 2, 2017 Posted September 2, 2017 Beat me to it. https://m.youtube.com/watch?feature=youtu.be&v=XxWTDcP9Y5E
Azalin Posted September 2, 2017 Posted September 2, 2017 We can start at how money is created and who creates. Okay, it would appear you've attracted a little attention with this, so the floor is yours.
Dr.Sack Posted September 2, 2017 Posted September 2, 2017 Okay, it would appear you've attracted a little attention with this, so the floor is yours. The USD is a free floating fiat currency. Whether you like it or not the Government can create money by spending it into existence. Money is not created by taxation. In fact taxation destroys currency. If a government were to tax more than it spends it is destroying money while expecting the economy to grow.
/dev/null Posted September 2, 2017 Posted September 2, 2017 We can start at how money is created and who creates. Okay, it would appear you've attracted a little attention with this, so the floor is yours. The USD is a free floating fiat currency. Whether you like it or not the Government can create money by spending it into existence. Money is not created by taxation. In fact taxation destroys currency. If a government were to tax more than it spends it is destroying money while expecting the economy to grow.
TakeYouToTasker Posted September 2, 2017 Posted September 2, 2017 The USD is a free floating fiat currency. Whether you like it or not the Government can create money by spending it into existence. Money is not created by taxation. In fact taxation destroys currency. If a government were to tax more than it spends it is destroying money while expecting the economy to grow....
TPS Posted September 2, 2017 Posted September 2, 2017 The USD is a free floating fiat currency. Whether you like it or not the Government can create money by spending it into existence. Money is not created by taxation. In fact taxation destroys currency. If a government were to tax more than it spends it is destroying money while expecting the economy to grow.MMT won't go over well with the conservative bent on this board...
DC Tom Posted September 2, 2017 Posted September 2, 2017 The USD is a free floating fiat currency. Whether you like it or not the Government can create money by spending it into existence. Money is not created by taxation. In fact taxation destroys currency. If a government were to tax more than it spends it is destroying money while expecting the economy to grow. And by "government," I assume you mean the "Federal Reserve..."
Dr.Sack Posted September 2, 2017 Posted September 2, 2017 And by "government," I assume you mean the "Federal Reserve..." Simply stating how money is created in the U.S., the Treasury, Fed, and Congress all play a role in how money is created (spent) and destroyed (taxed).
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