Post
Topic
Board Politics & Society
Re: Why do we need to Tax?
by
Hunterbunter
on 26/09/2011, 23:30:01 UTC
Most Countries issue their own currency. If a country is able to issue its own currency why should it bother taxing the people to pay for services?? A country that issues its own currency could issue enough currency to pay for the necessary social services of that country. No Tax burden is needed to pay for the necessary public services.

Taxes generate income from the act of trade. An inflated money supply can only be spent once, and will destroy the currency very very quickly. Taxes are forever, and don't need to cause inflation.