Bonds are you loaning the government money and taxes are you giving the government what is owed, so if you give the government a bond that would be them giving you a loan for no reason at all and if its the reverse where you owe more based on how long you wait to pay then that’s no different from getting fined for a late payment or having a deferred payment plan.
I was talking about like county jails and schools and such. With a half cent sales tax inrease here then next year it’s a quarter of a sales tax on top of that. Why not make it a bond so when the money hits that limit. The piggy bank is cut off and taxpayers don’t have to continue paying taxes. Some will say about that operational costs but should not these entities figured that in when asking for money?
Oh, that makes a little more sense, most municipalities already invest funds for long term growth. It’s usually beneficial but there have been some cases where misplaced investments led to a loss, even some cases where pension funds were lost.
If you list a location I can probably find an example.
You get that an infinite pool of money has no value right? Like, the value disappears the more is in circulation. Part of the role of taxes is to prevent runaway inflation. If there’s no taxes, your greenbacks very quickly lose all meaning and they end up worth less than the paper they’re printed on.
Bonds are borrowed money—they eventually have to be repaid (with interest) from regular tax revenue.
