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Why does Government bother collecting "taxes"?

Discussion in 'Finance' started by Robert, May 14, 2016.

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  1. Longshot

    Longshot Well-Known Member

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    Ah, so government is the problem. Yes, I agree.
     
    Longshot, Jul 19, 2017
    #51
    squidward likes this.
  2. squidward

    squidward Well-Known Member

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    Yes the ones that say legal tender on them
     
    squidward, Jul 19, 2017
    #52
  3. Longshot

    Longshot Well-Known Member

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    Price changes of what exactly?
     
    Last edited: Jul 19, 2017
    Longshot, Jul 19, 2017
    #53
  4. squidward

    squidward Well-Known Member

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    Not stock prices
     
    squidward, Jul 19, 2017
    #54
  5. Longshot

    Longshot Well-Known Member

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    Nor dollars.
     
    Longshot, Jul 19, 2017
    #55
  6. Ronstar

    Ronstar Well-Known Member Past Donor

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    we collect taxes to fund government programs.
     
    Ronstar, Jul 19, 2017
    #56
  7. squidward

    squidward Well-Known Member

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    And unicorns fart rainbows too, $20t worth
     
    squidward, Jul 19, 2017
    #57
  8. Longshot

    Longshot Well-Known Member

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    Really? Not to fight wealth concentration? Not to administer social justice?
     
    Longshot, Jul 19, 2017
    #58
  9. Ronstar

    Ronstar Well-Known Member Past Donor

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    Congress can and does impose taxes
     
    Ronstar, Jul 19, 2017
    #59
  10. Ronstar

    Ronstar Well-Known Member Past Donor

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    the only taxes that legally can only go to a specific program are FICA
     
    Ronstar, Jul 19, 2017
    #60
  11. Econ4Every1

    Econ4Every1 Well-Known Member

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    That's a bit nebulous.

    I'd say everything comes down to asking what it is you wish to accomplish. Then stepping back and asking if X is accomplished by solution Y. You and I won't always agree on what it is we wish to accomplish, thus the question is a political one first.
     
    Econ4Every1, Jul 19, 2017
    #61
  12. Econ4Every1

    Econ4Every1 Well-Known Member

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    Congress, not the Fed.
     
    Econ4Every1, Jul 19, 2017
    #62
  13. Ronstar

    Ronstar Well-Known Member Past Donor

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    no one ever suggested the Federal Reserve imposes taxes
     
    Ronstar, Jul 19, 2017
    #63
  14. Econ4Every1

    Econ4Every1 Well-Known Member

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    Goods and services
     
    Econ4Every1, Jul 19, 2017
    #64
  15. Longshot

    Longshot Well-Known Member

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    If the government carried no debt, there COULD be money.
     
    Longshot, Jul 19, 2017
    #65
  16. Ronstar

    Ronstar Well-Known Member Past Donor

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    if we erased our debt, we would still have tons of cash in circulation and in people's bank accounts
     
    Ronstar, Jul 19, 2017
    #66
  17. Longshot

    Longshot Well-Known Member

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    Ah, so inflation measures only half of the prices in the world.
     
    Longshot, Jul 19, 2017
    #67
  18. Longshot

    Longshot Well-Known Member

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    Who is "we"?
     
    Longshot, Jul 19, 2017
    #68
  19. Ronstar

    Ronstar Well-Known Member Past Donor

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    the
    the United States of America
     
    Ronstar, Jul 19, 2017
    #69
  20. Longshot

    Longshot Well-Known Member

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    Not me. They can eliminate their debt, or not. I don't care.
     
    Last edited: Jul 19, 2017
    Longshot, Jul 19, 2017
    #70
  21. Ronstar

    Ronstar Well-Known Member Past Donor

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    are u an american citizen?
     
    Ronstar, Jul 19, 2017
    #71
  22. Longshot

    Longshot Well-Known Member

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    I'm not The United States of America. So I'm not part of your "we".
     
    Longshot, Jul 19, 2017
    #72
  23. Ronstar

    Ronstar Well-Known Member Past Donor

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    as a citizen of the United States, you are part of us.
     
    Ronstar, Jul 19, 2017
    #73
  24. Econ4Every1

    Econ4Every1 Well-Known Member

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    It's not the silver that makes it legal tender. It's the fact that it's declared legal tender.

    Furthermore, there isn't enough US money in existence for everyone to pay their taxes, which was the point.
     
    Last edited: Jul 19, 2017
    Econ4Every1, Jul 19, 2017
    #74
  25. Ronstar

    Ronstar Well-Known Member Past Donor

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    very few nations still base their currency on Gold held in a vault somewhere.
     
    Ronstar, Jul 19, 2017
    #75
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