/biz/ - Business & Finance

[Anonymous No.54031606]

Why does the government need taxes when they can just print money out of thin air?

[Anonymous No.54031675]

>>54031606
they don't want to win, they only want you to lose

[Anonymous No.54031681]

>>54031606
>step 1: print money for your little tribe
>step 2: tax money from others to prevent inflation

[Anonymous No.54031714]

>>54031606
Reduce (your) spending power

[Anonymous No.54031782]

>>54031606
To stop inflation caused by the money they printed

[Anonymous No.54031792]

>>54031606
To make us suffer.

[Anonymous No.54031802]

>>54031606
In order to exert dominance over its subjects.

[Anonymous No.54031812]

token burn

[Anonymous No.54031830]

>>54031606
THEY TRIED THAT, WE ARE NOW HERE

[Anonymous No.54031835]

they get their budget from the fed, a private bank. They then tax you to pay them back

[Anonymous No.54031874]

>>54031606
So they can give it to ukraine trannies and gay bipoc folx in papua new guinea

[Anonymous No.54031890]

>>54031606
Just printing money doesn't allow them to selectively help or hurt people they want.

[Anonymous No.54031897]

>>54031606
Read them

[Anonymous No.54031902]

>>54031606
income tax was created with the federal reserve
they tax the income to pay off inflation but its never enough

[Anonymous No.54031915]

>>54031606
So they can keep people they don't like from accumulating wealth.

[Anonymous No.54031987]

They would fuck things up so fast if they just printed willy nilly without using a taxation price association mechanism.

[Anonymous No.54032003]

>>54031606
One reason is that it gives its currency value. US taxes must be paid in US dollars, which creates demand for US dollars.

[Anonymous No.54032022]

>>54031606
Ever hear of INFLATION dumbfuck?

[Anonymous No.54032027]

>>54031606
Well the American gov doesn't print the money, Jews do

[Anonymous No.54032130]

>>54031812
Correct (probably)

[Anonymous No.54032178]

To pay interest on the money they borrow from the people who print it.

[Anonymous No.54032195]

>>54031606
Because the government doesn't print money. The Federal Reserve, which is a privately owned bank, prints money. Congress just approves borrowing money from them, they print the cash, and taxes is what they use to pay them back. At the end of the day, the US is owned by a bunch of suits in a bank.

[Anonymous No.54032256]

>>54032195
If the federal reserve is a private bank why does the government appoint its chairman?

[Anonymous No.54032599]

>>54031606
The threat of violence or prison if you don’t pay your taxes generates a demand for the dollar.

Even if you do most business in Bitcoin, you still have to exchange some for taxes every year. This demand ensures the dollars value is maintained. Pretty basic Keynesian economics bud.

[Anonymous No.54032615]

>>54032256
theatre

[Anonymous No.54032886]

>>54031606
Because by expending effort to retrieve it back, the government is creating value in the money.

[Anonymous No.54032945]

>>54031681
^^^

[Anonymous No.54032980]

>>54031606
Economics is zero sum, somebody has to lose to gain. Printing money does make the goyim lose though as it devalues their savings, it’s a hidden tax that way, plus when the economy catches up with inflation it puts people into higher tax brackets.

[Anonymous No.54033155]

Why cant the government just give everyone $1 million dollars and then make them promise not to tell anyone that they given $1 million dollars?

[Anonymous No.54033635]

>>54031897
Rolling

[Anonymous No.54033725]

>>54031606
mostly to maintain appearances and assert domination

[Anonymous No.54033797]

>>54031606

To keep you poor.

Think of it like a grand strategy game or any RTS. Would it be good if your workers could just randomly decided to retire or stop working for a while? What if they got rich enough to where they just stopped listening to your orders and started building useless monuments?

[Anonymous No.54033831]

>>54032003
>>54032599
The demand for the dollar is driven by debt, not taxes. I only owe taxes because I earn income, and the government takes a percentage of that. But I desperately need to make minimum payments regardless of whether I have a job or not. Debt is what drives dollar demand for everyone, both individuals and businesses. Problem is there's so much more debt than dollars, that it can never actually be repaid unless new dollars are printed. So there is a strong present demand for dollars that holds its value above zero, but in order to prevent mass defaults, the fed increases the supply of the dollars so that the value trends towards zero. There is no realistic scenario where the US doesn't end up like Venezuela in the near future. It becomes worse each cycle, so it's hard to predict when we reach total collapse, but we know that the next round of money printing will be worse than what we're witnessing today.

>>54032027
>>54032195
The federal reserve is as close to congress and the presidency as the IRS. They will not say no when the government asks for money.

[Anonymous No.54033841]

>>54031606
Control

[Anonymous No.54033898]

a country is like a corporation in which the government is the manager and the president is the CEO
the central bank is, well a bank, central bank just means bank that lend to a country
the citizens are the country's employees, they have several tasks, to reproduce exponentially by building a family (etymology of family is slaves or servants to the upper class or the controller class) and then to work and turn profit
GDP is the country's revenue and taxation is the country's profit, these then along with steady interest payment then used as collateral for the corporation/country to borrow more money
that's the jizz of it

[Anonymous No.54033955]

>>54033831
>Debt is what drives dollar demand for everyone
How does that work?

[Anonymous No.54034217]

>>54033955
Debt that can only be satisfied with U.S. dollars forces any country seeking to satisfy said debt to convert to U.S. dollars in order to do so. Hence, debt drives demand for dollars.