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As far as I understand, taxes are used to finance services that capitalists refuse to provide, but more importantly, taxation is used to I think limit the supply of money. The government can print all the money it wants and nothing is inherently wrong, but that would devalue the currency. Be aware that I could be totally wrong.
I don’t think this part is the case, as explained in this video and in the 1Dime videos in this video’s description.
Money is necessarily created by the government to finance goods & services first, otherwise there’d be no money to collect via taxes from those who the government (directly or indirectly) pays to provide said goods & services. There is no money except that which the government 1) creates itself or 2) creates through the private banks it deputizes to create money through the writing of loans (which always create them as a 1:1 credit-to-debt).
As far as I understand, taxes are used to finance services that capitalists refuse to provide, but more importantly, taxation is used to I think limit the supply of money. The government can print all the money it wants and nothing is inherently wrong, but that would devalue the currency. Be aware that I could be totally wrong.
I don’t think this part is the case, as explained in this video and in the 1Dime videos in this video’s description.
Money is necessarily created by the government to finance goods & services first, otherwise there’d be no money to collect via taxes from those who the government (directly or indirectly) pays to provide said goods & services. There is no money except that which the government 1) creates itself or 2) creates through the private banks it deputizes to create money through the writing of loans (which always create them as a 1:1 credit-to-debt).