>Taxes don’t create wealth, the job is to destroy it at the correct rate.
Not exactly, it's more about redistributing or reappropriating wealth because we know there exists flaws in the economic system we have (progressive tax systems). In more general terms, ignoring progressive structures, it's about investing in necessary shared services for everyone and to maintain the government that does such and more.
Looking at taxes as if they destroy wealth is a bit bleak. Governments may not be the most efficient institutions in all possible metrics but they're not out to destroy wealth exactly.
I don’t think it needs to be seen as bleak; money just exists as a tool, it doesn’t have any other meaning, sometimes destroying it is the best thing to do.
It is fungible anyway, so I think it is really just a matter of semantics or philosophy if the government is collecting and redistributing dollars, or if it is destroying and creating them. My (outsider) understanding is that modern monetary theory leans toward the latter, because it more accurately reflects the latitude the government has, working with a fiat currency and all that.
Not exactly, it's more about redistributing or reappropriating wealth because we know there exists flaws in the economic system we have (progressive tax systems). In more general terms, ignoring progressive structures, it's about investing in necessary shared services for everyone and to maintain the government that does such and more.
Looking at taxes as if they destroy wealth is a bit bleak. Governments may not be the most efficient institutions in all possible metrics but they're not out to destroy wealth exactly.