this post was submitted on 01 Jan 2025
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[โ€“] [email protected] 3 points 1 week ago (1 children)

That's not how a government budget works. It's much more complicated that "number red or number black" like in a household budget.

Taxes are what funds the government regardless of deficit reduction and lack thereof.

[โ€“] [email protected] 1 points 1 week ago

It is, indeed, much more complicated, but those complications cut both ways: It is not accurate to claim that the money paid to the IRS turns into paychecks. That idea is a ridiculous oversimplification.