Quote from: johnyj on October 08, 2021, 08:33:47 AM

Quote from: stompix on October 08, 2021, 06:43:19 AM

Quote from: paxmao on October 05, 2021, 03:48:32 PM

A global tax of 15% should be required to be considered for business as an equal.

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Exactly, tax should all be zero when government can get unlimited money from central banks. The government's tax income is neglect-able comparing with huge amount of fiat they borrowed each year from central banks, why government still tax in 2021 is out of understanding of who understands modern monetary policy

I dont think the monetary system works in this way? If government starts to print their own money then whats the difference in that act and today's situation of US where they going nuts in printing the money. This has caused seeds of inflation these days and could worsen over the time. Taxation actually solves this issue by circulating the money back to government and then same is used for the development of states, countries, employee salaries etc. I think this keeps the balance of what is being printed and circulated. So I completely believe that tax needs to be paid and it cant be 0%.