If you'll try to replace taxes with printing money (which is effectively a tax on owning money), you'll just destroy your economy, because no one would want to own money and the inflation would be much higher than what would you expect from simple calculations. Taxes can be very complex, there are tons of rules that can increase, decrease or even remove taxes for certain situation, meanwhile printing money just affects everyone the same, so this idea is much worse than taxes.
Printing money specially for community purpose and specially for real business is taxless situation not "tax on owning money".
Why would no one want that money if it is a separate part that finances common interest and real business (money created at the time of need)?
Printing money for just community purpose will be no different from the current system where people are just looking at how to avoid or pay less taxes in different ways, which again that earnings from taxes does not end up 100% for the purposes it should go.
The inflation would be the same and value of money would remain the same with the same monetary policy, only the way of financing common interest will changes and the real business sector gets true freedom.
Inflation could be controlled mathematically with issuing and with coin burning.
I think that taxless society can be possible with just more transparency and with more math.