Birdwatch Note Rating
2024-11-14 12:08:15 UTC - NOT_HELPFUL
Rated by Participant: 14948B2F62AC260D8414FAA92D698808DE63BD9E892BEAEEBA50A39C9C57D1DB
Participant Details
Original Note:
Logically, for all gov spending to be taxation, then the 1st $ the gov spent was taken in tax from a citizen. Where did the citizen get that $? In truth, the gov created that $ out of thin air and spent it, buying work/services. The worker then returns part of that $ in tax. https://en.m.wikipedia.org/wiki/Modern_monetary_theory
All Note Details