It doesn’t matter. That is an issue with the politicians not taxation. If you were to abolish taxes you’d also have to figure out a way to run your society without money because you won’t be paying for shit without them.
Taxes are mostly to control the flow of money and to give a currency legitimacy (if you need dollars to pay taxes, you likely will want to earn in dollars).
Governments that control their own supply of money can print and use money freely.
They don’t use the money from taxes to fund anything, that wouldn’t make sense.
Programs and agencies are funded NOW, while taxes are collected later.
If there is inflation, the state can just raise taxes. If there is no economic activity (deflation), just increase spending.
Orthodox economists, classical liberals, are fucking dumb and live in dreamland.
Case in point, there are countries that collect very little to no taxes. Like Saudi Arabia, formerly Libya, North Korea etc. They still have/had extensive government programs.
With the levels of corruption in Argentina taxes are pretty much just a way to give money to politicians.
It doesn’t matter. That is an issue with the politicians not taxation. If you were to abolish taxes you’d also have to figure out a way to run your society without money because you won’t be paying for shit without them.
Taxes are mostly to control the flow of money and to give a currency legitimacy (if you need dollars to pay taxes, you likely will want to earn in dollars).
Governments that control their own supply of money can print and use money freely.
They don’t use the money from taxes to fund anything, that wouldn’t make sense.
Programs and agencies are funded NOW, while taxes are collected later.
If there is inflation, the state can just raise taxes. If there is no economic activity (deflation), just increase spending.
Orthodox economists, classical liberals, are fucking dumb and live in dreamland.
Case in point, there are countries that collect very little to no taxes. Like Saudi Arabia, formerly Libya, North Korea etc. They still have/had extensive government programs.