Four Purposes of Federal Taxes
Beardsley Ruml wrote in 1946 that taxes for revenue are obsolete. So what ARE they for?
Four Purposes of Federal Taxes Read More »
Beardsley Ruml wrote in 1946 that taxes for revenue are obsolete. So what ARE they for?
Four Purposes of Federal Taxes Read More »
“All federal taxes must meet the test of public policy and practical effect. The public purpose which is served should never be obscured in a tax program under the mask of raising revenue.”
Taxes for Revenue are Obsolete Read More »
This analysis of the pathophysiology of the taxation system informs the four taxation proposals presented here, which are crafted on the observed mechanics of the US monetary system as described in MMT.
Federal Taxation: A Physician’s Prescription For Reform Read More »
Well that title is blunt, isn’t it? I like blunt. That’s why I chose it. As I always say, blunt cuts through bullshit. It’s my bet that it is sure to cause irritation for those persons who play immature games of semantics with the word ‘fund’. Good.
Since this is a major topic of interest for laypersons, I’m going to explain operationally why your dollars paid in federal taxes are not spent by the federal government on anything.
The Operational Reason Why Federal Taxes are Not Revenue for the Federal Government Read More »
It is impossible for Social Security to go broke. All it takes to see that is a ride on the subway.
Social Security Cannot Go Broke! Read More »
Higher taxes on the rich are a means by which to slow the process of the accumulation of wealth. By slowing the process of accumulated wealth, higher top marginal taxes increase income equality.
Yes, We Need to Start Taxing the Rich More: Here’s Why Read More »
It’s time for you to stop allowing yourself to get sidetracked with old thinking.
Let’s Get Down to Business and Understand Some Practical Economics Read More »
The presumption of innocence by those perpetrating the frauds is characteristic of Professor Galbraith’s cynically gracious approach.
7 Deadly Innocent Frauds of Economic Policy Read More »