Stanford Professor Loses Political Battle To Simplify Tax Filing Process

Re:Stanford Professor Loses Political Battle To Simplify Tax... by branchless on Friday March 31, 2017 @11:31PM (#14010247)

Agreed. Acceptance for tax payment is what imbues money with value.

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Re:Stanford Professor Loses Political Battle To Simplify Tax... by RobertoG on Saturday April 01, 2017 @03:44PM (#14013776)

I read your comments and I think you are missing only a few pieces of the puzzle.

I recommend you to investigate Modern Monetary Theory. It's what made me fill the holes in my understanding (the bigger holes, at least).

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Re:Stanford Professor Loses Political Battle To Simplify Tax... by branchless on Saturday April 01, 2017 @05:16PM (#14014236)

I'm familiar with MMT and my understanding is that sites like positive money push this perspective, that banks create money:

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