Why choose inflation when you can just as easily raise other taxes?
I’m sure you agree with me that increasing taxes on inheritance, property, capital gains or really high income would be more efficient than printing money.
It’s not choosing inflation. As pointed out, it could actually be deflationary depending how how the money is printed. Funding services and taxing the wealthy are two separate issues. Taxes have nothing to do with funding services and are only used as an excuse to not have universal health care or to much on climate change, both of which could be deflationary if funded by just printing money and doing nothing is inflationary.
Of course I also don’t think billionaires should exist because they are separately harmful and only are possibly with exploitation. So I don’t particularly have a problem with using taxes as a weapon to combat that symptom of the exploitive system, but it’s like using paracetamol to treat an infection - its just treating the symptoms, which might be important to not die immediately and to be able to recover, but ideally you also treat the infection directly and then form antibodies to prevent future infections or have other external chances to reduce infectivity. So I’m not opposing taxes, but generally they are a distraction from other issues and meant to bore people by forcing advocates of such policies to waste time talking about boring specific tax policies rather than building a narrative about a better tomorrow.
Why choose inflation when you can just as easily raise other taxes?
I’m sure you agree with me that increasing taxes on inheritance, property, capital gains or really high income would be more efficient than printing money.
It’s not choosing inflation. As pointed out, it could actually be deflationary depending how how the money is printed. Funding services and taxing the wealthy are two separate issues. Taxes have nothing to do with funding services and are only used as an excuse to not have universal health care or to much on climate change, both of which could be deflationary if funded by just printing money and doing nothing is inflationary.
Of course I also don’t think billionaires should exist because they are separately harmful and only are possibly with exploitation. So I don’t particularly have a problem with using taxes as a weapon to combat that symptom of the exploitive system, but it’s like using paracetamol to treat an infection - its just treating the symptoms, which might be important to not die immediately and to be able to recover, but ideally you also treat the infection directly and then form antibodies to prevent future infections or have other external chances to reduce infectivity. So I’m not opposing taxes, but generally they are a distraction from other issues and meant to bore people by forcing advocates of such policies to waste time talking about boring specific tax policies rather than building a narrative about a better tomorrow.
Taxes don’t fund government expenses
Elaborate, please