Sunday, July 4, 2021

Why Tax Matches Spending — NeilW

We are currently in an environment where people are going around repeating the mantra “more government spending means taxes must go up”.

But only, of course, by people who are hard of both accounting and mathematics. It’s like the household analogy - a common fallacy.

Let’s see why.…
New Wayland

1 comment:

lastgreek said...

I just would like to add that the foundations of calculus are built on the concepts of sequences and series — you know, how fast the damn curve is changing.

Carry on… :)