according to wray, why must the government spend before it collects taxes? Do taxes ans bonds finance government spending? What is the purpose of taxes? What is the purpose of bonds?
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according to wray, why must the government spend before it collects taxes? Do taxes ans bonds finance government spending? What is the purpose of taxes? What is the purpose of bonds?
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- What does Benjamin Franklin mean in the following quote about taxation? What advice is implied and how would you apply that advice to your financial planning?What are the main categories of U.S. federal government taxes?Based on your calculations, the government is running a budget surplus or or deficit?
- Which of the following owns the largest proportion of the national debt? a. foreigners b. federal, state, and local governments and the Federal Reserve c. private individuals, banks, and corporations d. foreign governmentsWhat finances the majority of federal spending?explain the dangers of high debt?
