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Do taxes really fund public services?

(55 Posts)
Callistemon21 Sun 24-Mar-24 10:30:21

Germanshepherdsmum

The government can create money but that is done in the expectation of tax revenue coming in to back it. So yes, of course taxes fund public services - do you believe in the magic money tree?

No, but we are told so often that taxes don't fund public services that some of us almost believed it!

LizzieDrip Sun 24-Mar-24 10:25:12

I’m simply asking the question. I had hoped responses wouldn’t be quite so ‘dismissive’. Is there any wonder that people are reluctant to ask questions in search of knowledge? Thanks anyway Jane71 & ‘Germanshepherdsmum’sad

Germanshepherdsmum Sun 24-Mar-24 10:13:07

The government can create money but that is done in the expectation of tax revenue coming in to back it. So yes, of course taxes fund public services - do you believe in the magic money tree?

Jane71 Sun 24-Mar-24 09:58:07

Where else can the money come from?

LizzieDrip Sun 24-Mar-24 09:42:09

I’ve just heard Jeremy Hunt say on Kunsberg quite unequivocally that ‘taxes fund public services’. Is this true? Is the link between tax and public services really that straightforward? Can a financially astute GNetter please enlighten me - I trust your word more than Hunt.