Zergak
What Taxes are For http://neweconomicperspectives.org/2014/05/taxes-mmt-approach.html … #mmt
2017 mar. 14
Randall Wray-k2:
“… “taxes drive money” in the sense that imposition of a tax that is payable in the national government’s own currency will create demand for that currency. Sovereign government does not really need revenue in its own currency in order to spend.
This sounds shocking because we are so accustomed to thinking that “taxes pay for government spending”. This is true for local governments, provinces, and states that do not issue the currency. It is also not too far from the truth for nations that adopt a foreign currency or peg their own to gold or foreign currencies. When a nation pegs, it really does need the gold or foreign currency to which it promises to convert its currency on demand. Taxing removes its currency from circulation making it harder for anyone to present it for redemption in gold or foreign currency. Hence, a prudent practice would be to constrain spending to tax revenue.
But in the case of a government that issues its own sovereign currency without a promise to convert at a fixed value to gold or foreign currency (that is, the government “floats” its currency), we need to think about the role of taxes in an entirely different way. Taxes are not needed to “pay for” government spending. Further, the logic is reversed: government must spend (or lend) the currency into the economy before taxpayers can pay taxes in the form of the currency. Spend first, tax later is the logical sequence.”
Zergak eta langabezia
@AusMMT @FadhelKaboub the purpose of taxes is to create unemployment (as defined) so govt. can hire those it unemployed to provision itself.
n- garren bidez esanda: the purpose of taxes is to create unemployment
Repeat with me, once and again: Langabezia Gobernuak sortzen du eta soilik Gobernuak konpondu dezake3
