Quote:
Originally Posted by Cynthetiq
Isn't that also what government is supposed to have as well? It's not called profit, but it's being able to have enough liquid cash in order not only have the cashflow to support the budget, but also for those infrastructure repairs, forward looking projects such as new roads/bridges...
It's jut not called profit.
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initially, taxes were assessed and received based on what the government needed to spend for that coming year. forward looking budgets didn't come about until a few years before the 16th Amendment was ratified........I think anyway.
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