Quote from: stupid_seb on September 21, 2017, 08:11:04 PM

Quote from: 1NV3ST0NM3 on September 21, 2017, 07:48:04 PM

Quote from: stupid_seb on September 21, 2017, 06:33:03 PM

It is called the Principauté de Monaco

Works somehow on a Proof of Stake model: show the dough, live there, pay zero taxes

But the question is that without taxes how will the govt. Manage to accumulate funds? Leave every thing just tell who will take care of law and order? Such society is unimaginable.

Swiss cantons model / Ireland model
--> still taxes, but extremely low in order to attract big bag holders and play the volume.

A taxless society is imho an utopia. Worst case scenario: in order to maintain regalian functions, like order, justice etc, a taxless gvt ha no other option than totalitarism to control the masses.
The anarchist bitching about taxes in the quiet comfort of his suburban-connected home is a laughable vision.

More seriously, if the right amount of tax is one question, but (again imho), for me the TRANSPARENCY and EQUITY of the system is key.

Typical example from France where I come from: the taxes are STAKED and it becomes ridiculous
1- you create 200EUR of value and your company transfers 100 to you as "brutto salary"
2- your company pays 40% of taxes on this -> 60 becomes your "gross income"
3- out of the remaining your are taxed 25% --> net income is now 45EUR
4- you purchase something: VAT is 20% --> 36EUR is your real buying power
5- if what you purchased has an utility, you may be taxed more (gas, housing, etc...)

In the end, out of 100EUR of redistributed value, you can maybe find 30EUR of bottom line purchasing power.
And you can be taxed on the usage of what you created. At least 70% is gone.
This figure is
1- to high (and it costs probably a lot to catch every tax, so there are massive losses for the gvt)
2- not transparent because staked.

My 50cents (15c actually...)

I dont know much about france but what you have said system is quite alike in India. But at the end the thing is that we are actually being provided everything by the government only. Do you think one can live without cops? Or without an army standing by the borders? But yes I agree that transparency must be made and bureaucracy must be removed.