The idea of paying “your fair share” is a lie, and the sooner we stop telling ourselves it, the faster we can actually get to a tax policy that makes sense for everyone.

Taxes pay for nothing.

When the money is debited from your bank account, that money is eliminated from the economy. It doesn’t go into a bank account for the US government. There isn’t a bank account for the government at the Fed or the Treasury that the money goes into (that’s not how government procurement works.)

The U.S. government could buy everything it wants—without collecting a single cent from you or borrowing a single dime. There are consequences to this, which we’ll get into, but make no mistake: the government does not need your money to “pay for stuff.”

This whole idea that people need to “pay their fair share”? It’s a myth. That’s just not what taxes d