Step Five: The government uses the tax dollars generated solely by the business, along with business tariffs, business fees, business fines, and other business taxes to run the government.

While I agree that business profits shouldn't be taxed until they are distributed, I have to call you out on this basic misunderstanding of how our government and private sector relate to money. It is almost 180 degrees in error.

The private sector doesn't "fund" the government, either with its taxes or its borrowing. Neither are, or were ever meant to be, funding mechanisms. Only the US Congress can generate net monetary assets in the private sector and it does so with its spending. Without the government creating new dollars there would be no stable currency to denominate business contracts or commerce, or to be net saved as profits and shareholder equity.

Taxation and bond sales both serve to regulate the money supply, but have no applicable use in enabling spending by the federal government as it is the monopoly issuer of the currency. It always has an infinite amount of currency available to it and there is no "infinite+1" in math that would make revenue useful to it.

Both tax receipts and bond proceeds are destroyed, not recycled to new spending. The concept of deficits and debt at the federal level are horribly misunderstood and are nothing but tracking and accounting mechanisms to show the balance of money in the private sector. Without both, there would be no business to generate wages or profits.