Is to take taxes of each transactions automaticly some small %
Its beneficial idea and smart and sustainable way.
And blockchain Technology can be helpful to make it this!
There is no need for tax office to take your tax declarations!!
As we all use internet bank so Every transaction we do the small% goes to government Automaticly.
And government will be on blockchain and Everybody will see the balance where the money goes and so.
Transparent Easy and sustainable
Think about how many transactions people do online each day? If Even little% to be taken... The government will be Strong because more money Exchanges more transactions means more Economic actvity and more Economic actvity the more government will get taxes.
That's actually a good idea. But it would take time for developing country to adopt to these kinds of technology. Some countries just have enough resources yet to be able to implement this. And also, even after this, you can't still be sure if these taxes will be going to good use. As long as the management is greedy and corrupt, this initiative is still futile. We must focused first on the management of the before the tax implementation itself.