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Is it?
(lemmy.blahaj.zone)
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this post was submitted on 26 Mar 2025
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You're missing the point. It's not the administration taking the money that's the problem. That's money (ideally) used to benefit everyone. The problem is the owner of the company taking a big share of the value you are producing with your labour.
Not really; the federal government prints money; they don't tax you to fund programs, they tax you to reduce the monetary supply.
State governments do have to be funded though.
Well, yeah, but because they don't want to increase monetary supply to keep inflation in check they need to tax you to fund their programs
They do increase the monetary supply though, in 2008 it was .9 trillion, in 2020 it was 6.4T, and now it's 5.6T.
Turns out inflation doesn't quite work the way most economics courses teach. That may be related to the way billionaires fund a lot of university's economics departments.
I didn't say they aren't increasing it at all, just that they aren't doing it for all their needs.
sounds like you're missing the point.