re: #560 LudwigVanQuixote

I missed one, but I don’t understand their answer.

33) If taxes equal government spending, then:
A. government debt is zero
B. printing money no longer causes inflation
C. government is not helping anybody
D. tax per person equals government spending per person
E. tax loopholes and special-interest spending are absent

They said D, but, how is that possible with a progressive tax? While, if I do not spend more then I take in, I am not in debt for the year. Am I just really tired and missing something?

I missed that too. I don’t get it. Tax doesn’t get taxed evenly, or spent evenly.

A person with six kids in public schools is using more tax money than a person with no kids in school. People use all kinds of different services, or don’t. Can someone explain it to me?