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.
And that isn't the only problem. Not that I entirely understand op's proposal, but I don't think any crypto regardless of how its structured, can do away with tax funded state services. There's a good reason why this model has been around for centuries, and I am a firm believer that citizens are overtaxed in general. The taxes we pay are used to pay for a wide variety of things that would not get paid for otherwise. Roads, schools, the military, etc.
On top of all that, gov'ts haven't exactly been overly enthusiastic about the blockchain revolution or even of bitcoin. They aren't likely to adopt a crypto model in order to do away with taxes. Sorry to pop your bubble, op, but it isn't going to happen in your lifetime and probably not at all, ever.