Obama showed that the money from taxes is not important.
The Democrats can just print money.
We only pay income tax so that the government has some control on us.
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Yep...taxes are becoming a way to have some control over inflation. From a Revenue standpoint, it’s clear your Central Bank could purchase all your debt if it wished...forever. Does anyone think that The Fed would ever say “no” to Federal borrowing? You’d never get to even be Fed Chairman if the gov. thought you’d pull that kind of stunt.
When you look at the Money Supply, it is evident the Fed is COUNTERFEITING! That’s the primary cause of inflation.