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Function of Progressive Taxation

Function of Progressive Taxation | FEDERAL TAXES HAVE TWO MAIN FUNCTIONS: 1) THEY SERVE TO MAINTAIN THE CURRENCY’S VALUE, SINCE TAXES CAN ONLY BE PAID IN DOLLARS AND 2) TAXES (AND TAX CUTS) CAN BE USED TO CONTROL THE MONEY SUPPLY, OR TO REDISTRIBUTE MONEY WITHIN THE ECONOMY. BUT I'D ALSO ADD A VERY IMPORTANT 3RD: TO PREVENT ECONOMIC INTERESTS FROM BECOMING SO OVERWHELMINGLY LARGE THAN THEY TAKE OVER THE POWER OF THE STATE THAT IS SUPPOSE TO REGULATE THEM. | image tagged in taxes,functions,value,money supply,redistribute,corporatism | made w/ Imgflip meme maker
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0 ups, 5y,
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Grossed Out | WHAT SCHOOL OF ECONOMICS DID YOU GO TO???? | image tagged in grossed out | made w/ Imgflip meme maker
0 ups, 5y
Definitely not the school of corporate self interest.
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FEDERAL TAXES HAVE TWO MAIN FUNCTIONS: 1) THEY SERVE TO MAINTAIN THE CURRENCY’S VALUE, SINCE TAXES CAN ONLY BE PAID IN DOLLARS AND 2) TAXES (AND TAX CUTS) CAN BE USED TO CONTROL THE MONEY SUPPLY, OR TO REDISTRIBUTE MONEY WITHIN THE ECONOMY. BUT I'D ALSO ADD A VERY IMPORTANT 3RD: TO PREVENT ECONOMIC INTERESTS FROM BECOMING SO OVERWHELMINGLY LARGE THAN THEY TAKE OVER THE POWER OF THE STATE THAT IS SUPPOSE TO REGULATE THEM.