The Soapbox

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What's this?

Pretty sure it does. The size of the US economy and the authority to tax

it is how the US has such a massively flexible line of credit. Just the authority to tax it is as important as the actual taxes collected in that sense.

Even if we were paying as we go (which would be a terrible idea economically for a bunch of reasons) taxes are collected from economic activity. And in a real sense I'd call the military "economic activity". Maybe I'm missing what you meant.

(In response to this post by HoosWillWin)

Posted: 01/10/2019 at 12:21AM

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