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Joined 1 year ago
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Cake day: July 14th, 2023

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  • I, uh… think we got off on the wrong foot. I don’t see spending or taxation as a bad thing.

    I mean, peep the @midwest.social, for a hint. And I did specifically say that I wouldn’t recommend any terms to replace “raise” and “revenue” that have a negative connotation, such as “deactivation” or “destruction”.

    I’m also aware of the multiplier effect. The benefits of government spending are actually why I’m so interested in reframing the conversation about spending and taxation.

    I will quibble with this:

    The spending of a tax dollar is the beginning, not the end, of the benefit.

    The spending is the beginning, yes – but not a tax dollar.

    Governments don’t need to tax first, in order to spend second. It’s the opposite. That’s why “raise” and “revenue” are such terrible terms. Because they prime you to think that taxes are how we pay for things. We pay for things by just paying for them. The government spends dollars into existence. Taxation is just there to incentivize economic activity to chase those new dollars and keep a stable value.

    If you view taxation as necessary to gather the funds to do something, you can have a bunch of resources just sitting around doing nothing and never be able to utilize them because you can’t gather the funds without destabilizing the economy. But if you can just spend the money into existence, you can go ahead and increase the utilization without taxing first and then adjust taxation as needed from there on out.

    And it turns out, this is how money has always worked. Taxation has always been a cleanup step to keep the spending productive, not a prerequisite to enable the spending in the first place. The myth of tax as revenue is relatively new.


  • I think part of the problem is that when you read about the horrors of the Holocaust as a kid, you can’t help but think of Nazi Germany as a cartoonishly, outlandishly evil place full of people who spend every waking second thinking about how much they hate impure bloodlines.

    You come away with an impression that it should be obvious when genocide is happening.

    Then you go home after school and you see something about genocide in the Middle East, and you ask your parents about it and they say “Well… it’s complicated.” And if it’s complicated – if it’s not cartoonishly, outlandishly evil – then it must not be genocide.