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win311fwgyesterday at 4:57 PM1 replyview on HN

There are two ways to tax the people: By destroying money or by creating money.

Republicans may generally prefer creating money over destroying money, but that doesn't mean they aren't applying taxation. "Tax cuts" in normal speak just means a reduction in how much money is being destroyed. It does not refer to a reduction in your tax burden.


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SlightlyLeftPadyesterday at 5:15 PM

I’m not an economist but when trillions of dollars are created doesn’t that create an illusion of sorts of economic growth (revenue growth) in the form of inflation while also having the effect of making the general population poorer by reducing their buying power?

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