Name: Why Do We Have the INCOME TAX If Deficits Don't Matter
Uploaded: 2022-04-18T21:59:30+00:00
Duration: 12 min 17 s
Description: MMT (Modern Monetary Theory), what I call the "Magic Money Tree" says deficits don't matter. So why does the government persist with the income tax that never came close to paying for their spending?

3 years ago

180

income tax taxes irs mmt modern monetary theory

MMT (Modern Monetary Theory), what I call the "Magic Money Tree" says deficits don't matter. So why does the government persist with the income tax that never came close to paying for their spending? Here's what they're up to…

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