Should the Federal Government Balance Its Books?
Reader comment on: Biden's Big Tax Increase
Submitted by David Weinkrantz (United States), Mar 30, 2021 18:28
You critique the Federal Government for increasing the tax burden.
Would you rather lower the tax burden and thereby increase government borrowing?
Or would you rather that the "Federal Reserve" borrow to raise the needed funds? If so, which unit of the Federal Reserve (e.g., the Federal Reserve Board?; or the Federal Reserve Bank of New York)?
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