Re:Google now pays more money in EU fines than it pays in taxes
by rorykoehler on Wednesday February 06, 2019 @11:51PM
(#19103084)
One interesting idea I came across lately is to abandon taxes altogether and just print money as necessary. The inflation is the tax. This allows companies and people to pursue revenue without limit whilst also allowing for all public good/needs to be met. This approach coupled with a basic income could be a very powerful enabler. The difficulty will be in learning what the limits to and pitfalls of this system are as we don't have any practical experience implementing it.
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