• Eldritch@piefed.world
    link
    fedilink
    English
    arrow-up
    8
    arrow-down
    3
    ·
    2 days ago

    Not to be pedantic or anything, but it is important when ever possible to point out that what we pay in for taxes or tariffs does not sit in an account or accrue any interest. When the government collects taxes or tariffs that money ceases to exist and is taken out of the economy.

    You’re absolutely correct though, that the Congress is abdicating their powers. They will absolutely approve whatever funding no matter how much it damages the dollar to make dear leader look good.

    It’s participation in a fascist fantasy to pretend that tariffs or taxes produce revenue like some sort of business sheet to be balanced.Even just unwittingly repeating it only helps their position and hurts ours.