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sleepychu
on April 20, 2020
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Denmark: No aid for companies which pay out divide...
Right but to cut tax you either need to be in a budget surplus, reduce your budget size or enter a budget deficit.
If you do that in January then you can't use the same money again in February when things are bad.
RockIslandLine
on April 20, 2020
[–]
Currency issuers are not revenue constrained. For a nation with a fiat currency, the ability to spend is distinct from the need to tax.
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If you do that in January then you can't use the same money again in February when things are bad.