No, because the tax money is spent back into the economy. It is just taken from productive sectors and given to unproductive ones.
amerika
@realcaseyrollins @LookBehindYouNowAndThen
A couple more links:
https://plato.stanford.edu/entries/egalitarianism/
https://iep.utm.edu/egalitarianism/
These are about the philosophy, but you can see the divisions in Leftism from classical liberal through Communism play out in these arguments.
@realcaseyrollins @LookBehindYouNowAndThen
The core philosophy of the Left is egalitarianism; this is inherent in their origin both in the ancient times and in Revolutionary France.
"left, in politics, the portion of the political spectrum associated in general with egalitarianism and popular or state control of the major institutions of political and economic life."
@realcaseyrollins @LookBehindYouNowAndThen
For me, getting away from Wikipedia is important. It's enemy propaganda. Britannica does a lot better for quality information anyway.
@realcaseyrollins @LookBehindYouNowAndThen
Libertarianism is basically anarchy and that is dysfunctional.
But as an economic theory and a way of achieving indirect solutions it is great.
@UnderpantsWeevil
If your government is in debt, then it spent any money it took in in taxes minus the overhead.