Birdwatch Note Rating
2024-11-14 14:46:53 UTC - NOT_HELPFUL
Rated by Participant: BF01B21DDBF6BDCE9F691A193D415A5EB01DFBA212B3F99297E906289799A17C
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
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