No, governments are constrained by real resources. Deficits probably don’t matter as much as people thought they did, but that doesn’t mean deficit spendings can be unlimited. Plus not all spending is equal. Deficit funding of things like actual (physical) infrastructure doesn’t have the same issues as social programs. Like do we really think Western European countries have broad tax bases because they like it?

Using taxes as a means of controlling inflation (raising them when inflation rises) may be true in theory but it is of zero practical importance. Raising taxes during inflationary periods, compounding the loss spending power, is a fantastic way for a politician to lose their job.