If only every voter realized that every dime of government spending is a tax. Even if the IRS rates aren’t increased, it increases prices of the goods and services bought by the government, and either diverts investment money from productive investments to treasury bills, or inflates the currency as (in the US) the “Fed” creates more money via “quantitative easings”.
Every new department, every new “benefit” is a new tax, whether paid to the IRS (actually the most honest way) or evaporated out of your pocket via inflation.
If only every voter realized that every dime of government spending is a tax. Even if the IRS rates aren’t increased, it increases prices of the goods and services bought by the government, and either diverts investment money from productive investments to treasury bills, or inflates the currency as (in the US) the “Fed” creates more money via “quantitative easings”.
Every new department, every new “benefit” is a new tax, whether paid to the IRS (actually the most honest way) or evaporated out of your pocket via inflation.