**UPCOMING RP EVENTS:** Macro 'n Chill - May 26th, MNC Ep 381 "Disinformation Nation" :tv: Come hang out with us!
**UPCOMING RP EVENTS:** Macro 'n Chill - May 26th, MNC Ep 381 "Disinformation Nation" :tv: Come hang out with us!
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Academic

The Operational Reason Why Federal Taxes are Not Revenue for the Federal Government

The Operational Reason Why Federal Taxes are Not Revenue for the Federal Government

May 14, 2026June 29, 2017 by Ellis Winningham

Since this is a major topic of interest for laypersons, I’m going to explain operationally why your dollars paid in federal taxes are not spent by the federal government on anything.

Categories Academic Tags Federal Reserve, MMT, Taxation, Treasury
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