**UPCOMING RP EVENTS:** Macro 'n Chill - July 15th, "MMT101" :owl: Come hang out with us!


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  • Media
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    • The Rogue Scholar
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    • New Economic Perspectives
    • Modern Money Primer
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Taxation

Taxes Don't Fund the Federal Government

Federal Taxpayers Do Not Fund the Federal Government; The Federal Government Funds Federal Taxpayers

November 29, 2024September 4, 2017 by Ellis Winningham

Well that title is blunt, isn’t it? I like blunt. That’s why I chose it. As I always say, blunt cuts through bullshit. It’s my bet that it is sure to cause irritation for those persons who play immature games of semantics with the word ‘fund’. Good.

Categories Academic Tags MMT, Taxation
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

November 29, 2024June 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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