this post was submitted on 04 Nov 2023
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A Boring Dystopia
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Same could be said about your post. It's very "haha I have a gotcha" vibes.
Yes the government deletes money. And they also create money. That doesn't mean they do or have to do the same amount of each. They can and do create more than they delete. They're not funding programs and then making sure they delete the same amount in your taxes. That's not how modern economics work.
Of course not. But none of that changes the fact that your taxes, in part, pay for what the government spends money on.
For state taxes, where the states don’t control monetary policy, it’s even less true. But it’s not really true for the federal government either.
Everyone who is paid in USD or pays in USD, in addition to people who pay taxes, pay for whatever we spend money on in one way or another.
It’s not a gotcha. Nothing was got. It’s just an absurd thing on the face of it. That while technically correct (in the sense that dollars are fungible) your dollars given in taxes will make up a percentage of total dollars spent this year by the federal government, and thus, you are paying for whatever they are doing. Along with other people.