Taxes Fund Government Debate

The government could tax money and then "disappear" it.

The US government is not a business, its typical income is taxes. This policy of printing trillions of dollars to, essentially, give a loan to banks, all the while devaluing USD for every holder, sounds like a new form of taxation.

can you explain how taxes redistribute money? Because most of the beneficiaries of government spending are already rich.

Technically, taxes aren't going to the government anymore, so you're not helping their economy. You're funding the oligarchy.

For the millionth time, we don’t pay the government. The US federal government is not funded by taxes. The US government spends money into existence. It taxes money out of existence to help control the supply of money, inflation, etc. Stop using the deficit as a smokescreen for redistribution of wealth away from the 99% to the 1%.

Directly or indirectly a lot of the money gets invested in the US government's debt, which crowds out private sector investment. So it just funds the deficit, so the government spends the money anyway. May as well tax them.

The government’s money all comes from taxes. If the government pays out money to people that aren’t you, it’s as if you had paid them directly and skipped paying taxes. If you wouldn’t want to give someone free money then you similarly shouldn’t want your government to give them that money.

There's no free lunch. The government money has to come from somewhere too. Otherwise, inflation.

That is absurd. If the government wants the money, why doesn't it just tax more?

Only if you don't spend the money taken in via taxation.