Taxless society idea - page 12. | Bitcointalksearch.org

Oilacris

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Quote from: Magkirap on October 01, 2019, 10:00:43 AM

This was hard actually. Tax has benefits to the people and to the whole country. Maybe it will not be worth it if there is corruption in the government but all in all tax are made for a purpose. To sustain the country's expenses and serve as an allowance for healthcare, education, transportation etc. Also, I dont think there are countries that are living without taxpayer's money. Can you state some countries?

You are right and its hard to think up for a country which doesn't depend on tax or does produce their own money for development and other sectors.

Most people do hate up those tax deductions but as said this is needed for a countries economy to grow and improve and its hard to believe that theres a taxless society.
Even I don't have the idea or knowledge if these countries do exist.

beej

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It would be like the ancient times, but would also be a bit chaotic. No government
to protect or impose laws. Tax money is the lifeblood of the government, like it
or not we need the government and what it provides.

Though problems tends to surface and arise when it comes to taxes, but on the positive
side of things, if tax money is well spent on projects and services that benefits the people
and nation there should be no problem at all. People have a right to know the whereabouts
and how tax money is spent by the government annually.

Magkirap

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Quote from: BitunaTeam on August 25, 2019, 06:21:07 PM

I have idea for discussion.

How it could work Taxless society:

Independent world deflationary money for storing value (bitcoin, litecoin...) in combination with inflationary digital money from central banks valid only limited time to directly spend (buying goods and services) or you can change to deflationary money (store of value).

With transparent view of circulating supply on blockchain for each country (inflation based on growing population, number of new pensions... in last year or some other time period).

Community interests (healthcare, roads, pensions...) can be financed directly from the part of that emission with limited valid time inflationary money on annual base.

The salary received in inflationary digital money from the moment of receipt must be spent or exchanged for some store of value (bitcoin, litecoin...) in 1 year or will be automaticly exchanged for some independent world "store of value" (bitcoin, litecoin...) upon expiration of time (just example).

After expiration inflatory money would not be worth (will be "burned").

What do you think is this can be done to work?

This was hard actually. Tax has benefits to the people and to the whole country. Maybe it will not be worth it if there is corruption in the government but all in all tax are made for a purpose. To sustain the country's expenses and serve as an allowance for healthcare, education, transportation etc. Also, I dont think there are countries that are living without taxpayer's money. Can you state some countries?

$Andreyka$

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Quote from: BitunaTeam on August 25, 2019, 06:21:07 PM

I have idea for discussion.

How it could work Taxless society:

Independent world deflationary money for storing value (bitcoin, litecoin...) in combination with inflationary digital money from central banks valid only limited time to directly spend (buying goods and services) or you can change to deflationary money (store of value).

With transparent view of circulating supply on blockchain for each country (inflation based on growing population, number of new pensions... in last year or some other time period).

Community interests (healthcare, roads, pensions...) can be financed directly from the part of that emission with limited valid time inflationary money on annual base.

The salary received in inflationary digital money from the moment of receipt must be spent or exchanged for some store of value (bitcoin, litecoin...) in 1 year or will be automaticly exchanged for some independent world "store of value" (bitcoin, litecoin...) upon expiration of time (just example).

After expiration inflatory money would not be worth (will be "burned").

What do you think is this can be done to work?

I think this is utopia. See how hard cryptocurrencies are conquering the world. Now imagine how many agreements you need to reach in order to launch what you are talking about.
Most rulers in the world are not honest. The principle of transparency is not beneficial for them. Perhaps when something like this is possible in the future, but only when humanity faces the threat of extinction.

Heimer

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Quote from: chirannew22 on September 30, 2019, 06:05:35 AM

my idea is the taxless society is not good. because a goverment cant run the without tax. most of the country largly depend on the tax.

Why on earth would you need government that can't even run without taxpayers money. Most countries have some sort of businesses in which they own shares and this should be enough for them

tenakha

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Quote from: Heimer on September 29, 2019, 05:32:28 PM

Quote from: eaLiTy on September 29, 2019, 02:06:10 PM

Quote from: magneto on September 28, 2019, 10:35:50 PM

I don't think that taxation itself is something that needs to be rid of, but rather unfair, and double taxation, especially in the treatment of cryptos.

There is no way that anyone could get rid of taxation but each and every tax payer should know what the government is doing with the money they are collecting and with the help of blockchain we can come up with solutions that will make things transparent and we need to have transparency on the money we pay as tax. I am from a democratic country but i do not think that the government will make anything transparent because there wont be any corruption if everything is transparent.

Quote from: Kaller on September 29, 2019, 01:15:26 PM

many countries are corrupt, and instead of tax money going to public infrastructure, it goes to government workers who steal from the taxpayers.

This will be the main reason why some countries will oppose the introduction of blockchain Wink

.

Yeah, exactly... Blockchain is able to eliminate fraud and corruption and this is the sole reason why there are so many rich people and government agencies against cryptocurrencies.

Blockchain and cryptocurrency are different things. I did not hear about the any government against Blockchain (Maybe North Korea?). This system is the best unless better will be created and it is possible to implement it in the future. Nowadays there are governments that test it but suddenly it is not as easy as you think to apply it to the whole world.

chirannew22

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my idea is the taxless society is not good. because a goverment cant run the without tax. most of the country largly depend on the tax.

meliodas

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I don't think that a taxless society will work because the tax is the like the heart of any country since that is where they get their fund in order to make new projects and continuously progress their economy. It will be a dumb idea for any country to just turn into a taxless society since they will no longer get any money and their economy will just collapse.

samcrypto

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Quote from: atjiat on September 07, 2019, 07:34:23 AM

One way or another, I believe that taxation in the state should be, because all state structures exist at the expense of taxes. But at the same time, most of the taxes that fall into the state budget must be paid by entrepreneurs and enterprises, and not by a simple citizen. In any case, all taxes should remain in local budgets.

Normal people should not pay any taxes or even lower the rate of taxes, i have to agree on this that businesses should be the one to pay higher taxes because they make more money. If we all use cryptocurrency to evade the taxes then I am sure that the government will make regulations that you have to declare your income on cryptomarmet so they can ask you to pay the tax.

Heimer

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Quote from: eaLiTy on September 29, 2019, 02:06:10 PM

Quote from: magneto on September 28, 2019, 10:35:50 PM

I don't think that taxation itself is something that needs to be rid of, but rather unfair, and double taxation, especially in the treatment of cryptos.

There is no way that anyone could get rid of taxation but each and every tax payer should know what the government is doing with the money they are collecting and with the help of blockchain we can come up with solutions that will make things transparent and we need to have transparency on the money we pay as tax. I am from a democratic country but i do not think that the government will make anything transparent because there wont be any corruption if everything is transparent.

Quote from: Kaller on September 29, 2019, 01:15:26 PM

many countries are corrupt, and instead of tax money going to public infrastructure, it goes to government workers who steal from the taxpayers.

This will be the main reason why some countries will oppose the introduction of blockchain Wink

.

Yeah, exactly... Blockchain is able to eliminate fraud and corruption and this is the sole reason why there are so many rich people and government agencies against cryptocurrencies.

eaLiTy

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Quote from: magneto on September 28, 2019, 10:35:50 PM

I don't think that taxation itself is something that needs to be rid of, but rather unfair, and double taxation, especially in the treatment of cryptos.

There is no way that anyone could get rid of taxation but each and every tax payer should know what the government is doing with the money they are collecting and with the help of blockchain we can come up with solutions that will make things transparent and we need to have transparency on the money we pay as tax. I am from a democratic country but i do not think that the government will make anything transparent because there wont be any corruption if everything is transparent.

Quote from: Kaller on September 29, 2019, 01:15:26 PM

many countries are corrupt, and instead of tax money going to public infrastructure, it goes to government workers who steal from the taxpayers.

This will be the main reason why some countries will oppose the introduction of blockchain Wink

.

Kaller

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Quote from: STT on September 29, 2019, 12:35:52 PM

Governments are always a tax on society, they arent productive enterprise like companies and people have to be. The main question is how justified is their expenditure, in the worst countries and economies we see governments which operate without any control or feedback from the population on their spending and in the end their existence becomes self beneficial to a ruling elite.
The reason we dont want a inflationary method of funding government is because the idea is centralized and without control or resistance from a population, the idea might start off with 1% or some inflation idea in the low percentage but when the going gets tough the government supported by the military and armed police have no reason not to increase inflation as far as they require money. Every other part of an economy must provide a service, utility or goods in exchange for their profits and in competition to others. Inflation is especially deceptive method as it causes all prices to inflate and the use of that national is enforced not justified so even as a starting idea it will tend towards failure and ruin of a country.

the government serves the purpose but the question is, where does our tax money go? many countries are corrupt, and instead of tax money going to public infrastructure, it goes to government workers who steal from the taxpayers. It's a shame, because these countries native element, and instead they live in poverty because of corruption.

STT

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Governments are always a tax on society, they arent productive enterprise like companies and people have to be. The main question is how justified is their expenditure, in the worst countries and economies we see governments which operate without any control or feedback from the population on their spending and in the end their existence becomes self beneficial to a ruling elite.
The reason we dont want a inflationary method of funding government is because the idea is centralized and without control or resistance from a population, the idea might start off with 1% or some inflation idea in the low percentage but when the going gets tough the government supported by the military and armed police have no reason not to increase inflation as far as they require money. Every other part of an economy must provide a service, utility or goods in exchange for their profits and in competition to others. Inflation is especially deceptive method as it causes all prices to inflate and the use of that national is enforced not justified so even as a starting idea it will tend towards failure and ruin of a country.

Brunus

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As annoying as it may be to admit it, the idea of a society without taxes is a contradiction in terms: a society has by definition common parts, which interest everyone, and which must be maintained with the cooperation of all citizens.
With or without bitcoins.

Silberman

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Quote from: BitunaTeam on August 25, 2019, 06:21:07 PM

I have idea for discussion.

How it could work Taxless society:

Independent world deflationary money for storing value (bitcoin, litecoin...) in combination with inflationary digital money from central banks valid only limited time to directly spend (buying goods and services) or you can change to deflationary money (store of value).

With transparent view of circulating supply on blockchain for each country (inflation based on growing population, number of new pensions... in last year or some other time period).

Community interests (healthcare, roads, pensions...) can be financed directly from the part of that emission with limited valid time inflationary money on annual base.

The salary received in inflationary digital money from the moment of receipt must be spent or exchanged for some store of value (bitcoin, litecoin...) in 1 year or will be automaticly exchanged for some independent world "store of value" (bitcoin, litecoin...) upon expiration of time (just example).

After expiration inflatory money would not be worth (will be "burned").

What do you think is this can be done to work?

The problem with the system that you are proposing is that one of the main characteristics of money must be to be a store of value, this is the main reason why the fiat system that is currently in place is failing and it will be the main reason why gold will probably make a comeback and bitcoin will grow exponentially, but in your system not only you have some sort of fiat but that fiat will stop having value after a certain amount of time so no one will want to hold it or to keep it for longer than necessary.

magneto

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Quote

Independent world deflationary money for storing value (bitcoin, litecoin...) in combination with inflationary digital money from central banks valid only limited time to directly spend (buying goods and services) or you can change to deflationary money (store of value).

Why would there be any reason for anyone to hold or use the inflationary money issued by central banks in your hypothetical scenario?

The classic economic theory of "good money drives out bad money" can be applied here. Financing collective interests from your hypothetical inflationary money base is just going to make the demand for these funds go to zero. Everyone is going to rush to the decentralised, deflationary alternative, and no one is going to use the inflationary one at all.

So no, the whole system is going to implode on itself.

I don't think that taxation itself is something that needs to be rid of, but rather unfair, and double taxation, especially in the treatment of cryptos.

marcuslong

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I think it's not possible to have a taxless society. Tax of the society helps our community to build a project to help our community to grow.

If this Taxless Society Idea will happen if there is no government in your country. And that's impossible.

darewaller

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Quote from: Ozero on September 26, 2019, 02:00:45 AM

Our society and obligatory fees to finance its common needs have been formed over millennia. With the advent of cryptocurrency, nothing changes in this matter. Cryptocurrency can not do anything new to optimize taxation in the state. Since this activity brings cryptocurrency holders a certain income, it is subject to taxation on a common basis in accordance with the established rules.
We can’t live in a society and do without mandatory tax fees, that is, a tax-free society is impossible.

Government are really interested so much in this cryptocurrency trading because of the tax involved and the money that they can get, the united states is already doing everything possible to regulate all exchanges, and then be able to have access to some data that will enable them to tax the traders.

The United Kingdom is also doing exactly same as US is doing too and I must confess to you that I am not really against that because as a citizen, we also have our own obligation if we really want to see our country continue to move forward. I don’t see much reason why people should be evading tax when they are earning because of the infrastructures and something that the government of the country has already put in place for such citizen.

micher143

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simply using bitcoin is taxless, so I think that is enough. Bitcoin is decentralized and the Government can't keep a record into your crypto holdings so you don't need to pay tax at all. we just need a mass adoption to became a cashless society.

doomistake

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Quote from: hatshepsut93 on August 25, 2019, 06:40:50 PM

If you'll try to replace taxes with printing money (which is effectively a tax on owning money), you'll just destroy your economy, because no one would want to own money and the inflation would be much higher than what would you expect from simple calculations. Taxes can be very complex, there are tons of rules that can increase, decrease or even remove taxes for certain situation, meanwhile printing money just affects everyone the same, so this idea is much worse than taxes.

I agree with this, the taxes that we are paying plays a huge role in our everyday lives, without it, there would be no hospitals, public transportations, malls, markets, and so on. The taxes makes this society alive everyday, it is kind sad since we all see tax as a not so needed thing in our daily lives, that is why some of us are refusing to pay it even if we are obligated to do so.

Even if we will have a cashless society, there will be still taxes which is the transaction fee of every transaction that we are going to make when we are paying someone or buying something. It is all about give and take to make everything works perfectly.

Topic: Taxless society idea - page 12. (Read 2932 times)