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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (72167)9/15/2009 11:31:35 PM
From: TimF  Read Replies (1) of 224724
 
"It isn't the government's money" refers to the money's pre-tax state. If I generate an income the money is mine. If the government lowers my tax bill, it isn't giving me more money, its taking less from me.

After the government does tax money from me, at least in a legal and practical sense it is the government's money. If it spends more than it takes in it generates a government deficits, the accumulated net deficits add up to the government debt.
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