America could, if Congress would appropriate, achieve full employment with living wages and benefits without costing a dime in additional taxes. Taxation does not fund the Federal government like it does State government because only the Federal government can issue the dollar. States, firms and households are users of the dollar and must balance their accounts or face insolvency, not so the Federal issuer of the dollar. Therefore, Federal taxation subsidies the rich, manages inflation and is supposed to constraint the excesses in the maldistribution of income.