Post
Topic
Board Economics
Merits 1 from 1 user
Re: Taxless society idea
by
jmigdlc99
on 13/10/2019, 14:12:50 UTC
⭐ Merited by Suslived (1)
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.

Well said. A taxless society simply would not work in this day and age. Radical ideas like this, although they sound beautiful and rosy, are just idealistic adventures that have no place in a free and democratic society. I'd be more agreeable if we lived in a tyrannical communistic society, but luckily we don't.

A wise man once said, "nothing is permanent except death and taxes."