One Argument Against Using Taxation to Pay Off the Public

question 226

True/False

One argument against using taxation to pay off the public debt is that it will redistribute wealth from people who do not hold bonds to bondholders.

---

Definitions:

Continuing Membership

The ongoing affiliation or association with a group, organization, or community.

Organizational Survival

The capacity of an organization to continue to exist and sustain its operations over time, often through adaptation and overcoming challenges.

Innovative Activities

Initiatives or processes aimed at creating new ideas, products, or methods, typically to improve efficiency or create value.

Reliable Performance

Consistently achieving a level of performance that meets the expectations and standards over time.