http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2305863That's really exciting thing to see because governments have had classic
trouble fighting tax haven jurisdictions, but recently have been gaining
more success by instead of fighting the jurisdictions, instead giving
more power to banks yet turning them into agents of the state. So the
banks serve the tax authorities and are given more power because
governments centralise the financial infrastructure.
We have a situation currently where people are taxed both from normal
taxes and inflation. Paper money contributes massively to state power,
not only by profits from inflation, but by giving leverage over who can
accumulate wealth.
Hence "captialism for the rich, socialism for the poor". Corporations
either stay competitive and evade tax through offshores, or go bust, all
while servicing state law, regulations and institutional power structures.
Now with Bitcoin though everyone can have a super tax-haven with no
requirements to report income and no liabilities. We already have
decentralised money laundering. The technology is improving fast and
this will only get much better too. Especially once we have the tools
for issuing securities to anonymous investors.