Birdwatch Note Rating
2024-11-14 13:07:23 UTC - NOT_HELPFUL
Rated by Participant: C2E80CB1CBF172F08F0A4FA10997345A9AC78BB83A6C4D1ED9E134B6FA7A866E
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