Money Minute #37 - Why not abolish Taxes?

Описание к видео Money Minute #37 - Why not abolish Taxes?

If you’re a tax payer living in the United Kingdom, I’m sure you’ve heard of the term “Modern Monetary Theory” which in short, states that a country producing its own currency can never “run out of money”.

In today’s “Money Minute,” we compare the tax paid by the average British tax payer against the ever growing deficit created by pandemic stimulus programs.

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