Comment on If all taxes got turned into bonds, so when they hit the limit the tax would end be way better than an infinity tax?

GreenBeard@lemmy.ca ⁨1⁩ ⁨week⁩ ago

You get that an infinite pool of money has no value right? Like, the value disappears the more is in circulation. Part of the role of taxes is to prevent runaway inflation. If there’s no taxes, your greenbacks very quickly lose all meaning and they end up worth less than the paper they’re printed on.

source
Sort:hotnewtop