Post
Topic
Board Politics & Society
Re: Why do we need to Tax?
by
Iseree22
on 27/09/2011, 13:18:09 UTC
The imposition of taxes, which must be paid in government currency, is precisely what gives government currency its worth. 

Then why does it have worth OUTSIDE of the country as well?

From a Chartalists p.o.v the State creates money, spends it via appropriations and then taxes the community creating a demand for the currency.