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by gorjusborg 1095 days ago
> funded via tax revenue, just like everything else the government does

FDIC assessments and taxes are different. You can over-simplify mentally to a tax, but that doesn't make it true.

The FDIC runs more like an insurance provider than a run-of-the-mill government agency.

1 comments

Social security and Medicare are also a form of insurance. Are you not paying a social security and Medicare tax? How is that different?