Why do democrats want to tax the rich

[Crazyhole]

When we can just print money to pay for our budget expenses?

 

[Crazyhole]

They don't want inflation but they do want to steal from the productive. They don't want their free money depreciated. Plus when they blow money on gamestop stock you will need extra taxes for those to pay for poor investments.

So what's better: raising taxes or printing money?

 

[PhDee]

So what's better: raising taxes or printing money?

Your question is vague, be more specific.

How much are we taxing vs printing, how is the money going to be used, what exactly is being taxed, these are all different policy levers that will have different effects. How do you define was is better? For what group of people, poor, rich. What time horizon?, etc.

Bottom line is removing money leads to less money to cycle in the economy, all else the same. Spending tax dollars redistributes money. Printing money devalues money, all else the same.

 

[Crazyhole]

Your question is vague, be more specific.

How much are we taxing vs printing, how is the money going to be used, what exactly is being taxed, these are all different policy levers that will have different effects. How do you define was is better? For what group of people, poor, rich. What time horizon?, etc.

Bottom line is removing money leads to less money to cycle in the economy, all else the same. Spending tax dollars redistributes money. Printing money devalues money, all else the same.

It's not vague at all. Which is a better way to fund things? Taxation or printing (qe or otherwise)?

 

[PhDee]

It's not vague at all. Which is a better way to fund things? Taxation or printing (qe or otherwise)?

It is vague...how do you define better? Better in terms of what? What should I measure to see if it's better?

It's like asking are you better today than you were yesterday? Well if better is more money than yes. If better is closer to dying, then no.

 

[Crazyhole]

It is vague...how do you define better? Better in terms of what? What should I measure to see if it's better?

It's like asking are you better today than you were yesterday? Well if better is more money than yes. If better is closer to dying, then no.

Is it better to tax and redistribute, driving investment away, or print dollars and take the chance that inflation kicks in?