If they didn't charge taxes no one would use USD for daily business and the ability to print them would be worthless.
-
This Tweet is unavailable.
-
-
This Tweet is unavailable.
-
Replying to @thespandrell @CovfefeAnon
A nominal transaction tax would work, sure. The reason why one would prefer one type of tax over another has to do with technical efficiency of collection, politics, trying encourage some activities while discouraging others, etc. Govt also uses the tax code to control behavior.
1 reply 0 retweets 1 like -
The other side of that is that private interests want to also control govt behavior. Under a gold standard, the govt has little control. In a full fiat model there is no cash and everyone keeps all their money in a govt bank. The govt can adjust your balance however they want..
2 replies 0 retweets 1 like
Altering government behavior by cash bribes is probably the least harmful form of corruption compared to what we have now with the woke bioleninist crew inducing destructive behavior in exchange for status in an outside status hierarchy.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.