This is your regular reminder that the money you pay in federal taxes isn’t used to pay for anything; it’s just deleted off the books to control inflation. Money used to pay for things is printed out of thin air by the Federal Reserve.
If I could make everyone understand just one thing, this would be the one thing.
Think about this when your “representatives” choose to not tax billionaires, and instead put the tax burden on you.
Follow
May I know how many years ago it was?
@Acer @OGjester
The accidental burning of parliament in the UK was in 1834, and Making Money Work For Us talks about the American colonies keeping careful records of tax burning in the early days here, so around 200+ years ago.