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Modern Monetary Theory: Key Insights, L...

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“Taxes reduce the demand for physical resources from the non-government sectors. Resources which then become available for purchase by the government in pursuit of the socio-economic programme it was elected to provide.”

Economics Taxation Macroeconomics Tax Taxation Policy

Book:Modern Monetary Theory: Key Insights, Leading Thinkers

Source: Modern Monetary Theory: Key Insights, Leading Thinkers

“Tax avoidance is nature’s way of telling you your tax code is too complicated. Simplify the code and the problem will go away.”

Economics Taxation Macroeconomics Tax

Book:Modern Monetary Theory: Key Insights, Leading Thinkers

Source: Modern Monetary Theory: Key Insights, Leading Thinkers

“Taxation policy has to be framed with the end goal in mind, which is to release real resources the public sector wishes to buy in the current period.”

Economics Taxation Macroeconomics Tax

Book:Modern Monetary Theory: Key Insights, Leading Thinkers

Source: Modern Monetary Theory: Key Insights, Leading Thinkers

“Functional analysis of the taxation mechanisms via the MMT lens leads to a fundamentally different view of taxation.”

Economics Taxation Macroeconomics Tax

Book:Modern Monetary Theory: Key Insights, Leading Thinkers

Source: Modern Monetary Theory: Key Insights, Leading Thinkers