The idea that taxes are necessary to pay for stuff at the federal level, in addition to being plainly inaccurate, is used by the privileged to withhold what is desperately needed by those with less (in an attempt to hold onto their privilege) and by the hateful in order to withhold from those they hate.
Many examples are below.
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This post was last updated September 30, 2020. Disclaimer: I have studied MMT since February of 2018. I’m not an economist or academic and I don’t speak for the MMT project. The information in this post is my best understanding but I don’t assert it to be perfectly accurate. In order to ensure accuracy, you should rely on the expert sources linked throughout. If you have feedback to improve this post, please get in touch. |
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(The article referred to in the above tweet was written by the delightful Koch-funded Sally Pipes.)
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Activist #MMT 