@TokenBoomerM to Progressive Politics • 6 days agoHappy New Year!imagemessage-square13arrow-up1423arrow-down19file-text
arrow-up1414arrow-down1imageHappy New Year!@TokenBoomerM to Progressive Politics • 6 days agomessage-square13file-text
minus-square@[email protected]linkfedilink3•6 days agoThat’s not how a government budget works. It’s much more complicated that “number red or number black” like in a household budget. Taxes are what funds the government regardless of deficit reduction and lack thereof.
minus-square@[email protected]linkfedilinkEnglish1•6 days agoIt is, indeed, much more complicated, but those complications cut both ways: It is not accurate to claim that the money paid to the IRS turns into paychecks. That idea is a ridiculous oversimplification.
That’s not how a government budget works. It’s much more complicated that “number red or number black” like in a household budget.
Taxes are what funds the government regardless of deficit reduction and lack thereof.
It is, indeed, much more complicated, but those complications cut both ways: It is not accurate to claim that the money paid to the IRS turns into paychecks. That idea is a ridiculous oversimplification.