This is an interesting argument: if you believe in MMT and want higher govt spending on public goods, taxing the rich doesn't help you much, if the primary role of taxes is to counteract inflation (not to actually fund the services or redistribute wealth). https://www.interfluidity.com/v2/8930.html
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Replying to @DanGrover
I still don’t buy the MMT argument that government can actually change taxes fast enough to counter inflation. Seems wishful thinking
5:46 PM - 21 Aug 2021
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