@richardjmurphy: There are six reasons to tax and none involve funding the government As a matter of fact, tax does not fund government spending because government money creation does that. So why do governments tax? There are six good reasons to do that. #uk #money #economic #politics #bank #tax

Richard Murphy

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Monday 05 August 2024 06:00:00 GMT

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gm2deuc0 :

Well that was clear.

2024-08-05 07:02:08

Fly :

Also tax is to control the money in circulation by what it receives in tax it burns, ideally if Trillion is printed a Trillion is brought back in tax to balance, inflation down & it's £ value high

2024-08-05 06:50:54

Carolyn Garnham :

Need a diagram

2024-08-05 06:35:20

Fly :

Also tax is to control the money in circulation by what it receives in tax it burns, ideally if Trillion is printed a Trillion is brought back in tax to balance, inflation down & it's £ value kept

2024-08-05 06:52:06

tasme316 :

so money tax government is a ponzi scheme in reality

2024-08-05 06:07:11

tasme316 :

@Richard Murphy HMRC collects tax and is a company so where does tax collected actually go ?

2024-08-05 06:15:01

🆇🅾🆃🅻🅴🆈 :

ALL TAX IS THEFT!!!!!!

2024-08-05 06:06:38

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@richardjmurphy: There are six reasons to tax and none involve funding the government As a matter of fact, tax does not fund government spending because government money creation does that. So why do governments tax? There are six good reasons to do that. #uk #money #economic #politics #bank #tax

Richard Murphy

Open In TikTok:

Region: GB

Monday 05 August 2024 06:00:00 GMT

Music

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Comments

gm2deuc0 :

Well that was clear.

Fly :

Also tax is to control the money in circulation by what it receives in tax it burns, ideally if Trillion is printed a Trillion is brought back in tax to balance, inflation down & it's £ value high

Carolyn Garnham :

Need a diagram

Fly :

Also tax is to control the money in circulation by what it receives in tax it burns, ideally if Trillion is printed a Trillion is brought back in tax to balance, inflation down & it's £ value kept

tasme316 :

so money tax government is a ponzi scheme in reality

tasme316 :

@Richard Murphy HMRC collects tax and is a company so where does tax collected actually go ?

🆇🅾🆃🅻🅴🆈 :

ALL TAX IS THEFT!!!!!!

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