Taxation is just a means for the Government to take money out of the system.
Given how our Federal Reserve bank functions (creating and destroying currency with ledger entries), I'm not convinced income tax is really a necessity.
Taxation is just a means for the Government to take money out of the system.
Given how our Federal Reserve bank functions (creating and destroying currency with ledger entries), I'm not convinced income tax is really a necessity.
Squizzy@lemmy.world 1 year ago
I don’t think there is much of an argument to be had here if you think the only role of taxes is to take money.
i_understand@mastodon.social 1 year ago
@Squizzy
Probably not if you don't understand the roles of monetary and fiscal policy.
https://www.investopedia.com/ask/answers/100314/whats-difference-between-monetary-policy-and-fiscal-policy.asp