Dave Johnson on Nostr: I wish medieval gold-standard economics would finally disappear. We no longer have to ...
I wish medieval gold-standard economics would finally disappear. We no longer have to round up or borrow gold to pay for things.
But we still have people believing in witches, etc. So I guess superstitions do hang on.
But if you're still stuck on "taxes are revenue" & "printing money is borrowing" then:
Top tax rates used to be 90%. Top corp rates used to be much higher as well.
If you restore those tax rates you can "pay for" healthcare, military, social programs, pensions.
#money
But we still have people believing in witches, etc. So I guess superstitions do hang on.
But if you're still stuck on "taxes are revenue" & "printing money is borrowing" then:
Top tax rates used to be 90%. Top corp rates used to be much higher as well.
If you restore those tax rates you can "pay for" healthcare, military, social programs, pensions.
#money