Fiscal and Monetary Policy

From: David Iglesias Subject: Taxes and Handouts Dear Walter, I’ve been spending some time wondering about the criticism of government stimulus checks/unemployment checks causing inflation and distorting the market and the desire of libertarians to not be taxed anymore and get their stolen money back from the state. It seems (on the surface) that each would essentially spur the same economic activity. Obviously taxes work to redistribute wealth while tax reparations would simply restore wealth to the proper owner. However, it also seems that tax reparations/abolishing taxes would amount to way more than any government subsidy to the individual — … Continue reading Fiscal and Monetary Policy