When the US government uses emergency funding in the billions or even trillions, where is it getting the money from?
In: Economics
A healthy portion of the “funding” is coming from not collecting taxes. The government’s sales pitch goes something like this, we didn’t make you pay us so there for we gave you money we never had and did a great thing for you. They’re not exactly wrong but I wish they didn’t sound so proud of themselves for it. Call it tax relief, not stimulus … At least it would be accurate.
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