Neo

"As Beardsley Ruml pointed out in the 1930s, with the ability to issue currency, the government has no need to tax. It can print as much money as it would ever need. Therefore, in his view, the function of taxes such as the income tax and the inheritance tax, is not to fund the government or provide for constitutionally mandated functions. Instead, the function of these taxes, he wrote in his article for Foreign Affairs magazine, is the redistribution of wealth. From whom? From those capable of producing wealth"

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