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 makes it less scarce, decreasing its value. Whenever money is printed, those who already hold some are essentially being taxed because their holdings are being devalued. That's what hatshepsut93 is referring to.
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.
Yes, it's not really different from the current system. You're just paying taxes via monetary inflation rather than having it explicitly taken out of your paycheck.
Inflation could be controlled mathematically with issuing and with coin burning.
Inflation could only be reliably controlled in a decentralized cryptocurrency like Bitcoin, where the entire network enforces the inflation rate. If left up to central banks, they'll just do as they please.