Tax Increases Won’t Cure Inflation - WSJ Opinion
“Coordinating higher government spending with higher taxes so that the rest of us are forced to cut back a little to create room for additional government spending,” as MMT evangelist Stephanie Kelton puts it. She says the trick is to “remove spending power from the rest of us” via taxes so the government can fund things like solar panels in California.
Asinine and dangerous.
Take taxes out of the pockets of workers so the government, which has a long record of inefficiency and waste, can spend those dollars?