Thoughts on tax first spend later - a stream-of-consciousness rumination

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Jim Byrne

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Aug 11, 2025, 4:56:49 AMAug 11
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Yesterday I posted my stream-of-consciousness rumination on whether the common belief that government must tax first in order to spend later - holds up to scrutiny:

https://mmt101.substack.com/p/the-logical-impossibility-of-neoliberal

No doubt I’ve missed something - but I thought it was worth thinking through the logic of this neoliberal economists mantra. :-)

Jim


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