Sharon379 Wrote:
Dec 01, 2012 1:01 PM
"Money cannot be taxed until it is spent into existence." In what pre-school econ class did you learn that? Money is EARNED into existence, by providing a good or service. It can't be SPENT until it is EARNED, and can't be TAXED until it is EARNED. The government that spends taxpayer's money isn''t spending NEW money, only money that has already been earned, thus only recycling other people's money. That's why welfare & foodstamps don't grow the economy like dimwitted Nancy Polosi says.