PROJET AUTOBLOG


Richard Stallman's Political Notes

Site original : Richard Stallman's Political Notes

⇐ retour index

Government spending without tax increases

vendredi 18 septembre 2020 à 02:00

The OECD calls for government spending without tax increases, to reduce the Covid-19 depression and help unemployed people.

Deficit spending can be made possible by government borrowing, but also by creating more currency in accord with Modern Monetary Theory, except for countries trapped in the Euro-zone

I think it is safe to tax billionaires a lot more since they got such a windfall this year.