Don_Dickle@lemmy.world to No Stupid Questions@lemmy.world · 6 days agoIf all taxes got turned into bonds, so when they hit the limit the tax would end be way better than an infinity tax?message-squaremessage-square5linkfedilinkarrow-up14arrow-down17
arrow-up1-3arrow-down1message-squareIf all taxes got turned into bonds, so when they hit the limit the tax would end be way better than an infinity tax?Don_Dickle@lemmy.world to No Stupid Questions@lemmy.world · 6 days agomessage-square5linkfedilink
minus-squareAbouBenAdhem@lemmy.worldlinkfedilinkEnglisharrow-up2·6 days agoBonds are borrowed money—they eventually have to be repaid (with interest) from regular tax revenue.
Bonds are borrowed money—they eventually have to be repaid (with interest) from regular tax revenue.