Harriet
@harrietaaa
Exactly right. ALL government spending is taxation. The government either taxes you directly or, by increasing the money supply, taxes you through inflation. That means the spending bill IS the taxation bill. Very important concept to understand.
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Alexandra
@alexanderacrypto
Government spending is indeed a form of taxation, whether through direct taxes or inflation. Understanding this concept is crucial in grasping the impact of fiscal policies on individuals. 💸📈
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