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/biz/ - Business & Finance

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[ERROR] No.30175511 [Reply] [Original]

Why can't the government just pay for everything by printing money instead of making citizens pay taxes directly?

>> No.30175578

They already do that

>> No.30175609

>>30175578
Then why do I have to pay taxes?

>> No.30175714

>>30175609
So they can bleed you dry in 2 ways instead of 1

>> No.30175715
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>>30175609

>> No.30175744
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>>30175609
Are you antisemitic or something?

>> No.30176047

>>30175715
>>30175744
I don't get it what do Jews have to do with this?

>> No.30177021

>>30175609
hey cut it down with the antisemitism

>> No.30177129

>>30175511
Printing money would be taking away money from the populace through inflation, aka, proportionally. Billionaires would be paying their fucking share. With income tax, we can keep the middle class in check and the wealthy keep their loopholes.

>> No.30177179

>>30176047
Lurk moar

>> No.30177247
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>>30175511
>Why can't the government just pay for everything by printing money instead of making citizens pay taxes directly?
Why not do both?

>> No.30177523

>>30176047
Have to do with what? Running the banks, hollywood, federal reserve, etc.?

>> No.30177648

>>30175511
cause the goverment hates animeposters like you and wants you to be a wage slave as punishment

>> No.30178324

>>30176047
I'm honestly not sure what running a literal majority of Financial services, Large-Cap Companies, Hollywood, Nationwide publications, Metro-level local news publications, Lobbying Groups, major funders of Congressional and Presidential runs, Social Advocacy Groups, NGOs, and the like could POSSIBLY have to do with anything!

>> No.30178761

>>30175511
>>30175609
Taxes slow the rate of inflation by removing a certain amount of excess money from circulation.
Printing assloads of money + no taxes = hyperinflation, and hyperinflation is bad because wages can't keep up.
>inb4 why do they not cause deflation and give everyone free money
Because deflation is also bad since it encourages currency hoarding, which destabilizes the currency and ultimately leads to hyperinflation when some economic trigger causes all the currency hoarders to dump their money back into circulation at once. Basically, if you want to hoard money then you should be using a proper store of value instead of currency.
Also, 60% of the population has outstanding mortgages. No one wants to spend another 10 years paying off their house due to decreased wages.