Re:What Problem Blockchains Solve
by 0x0nyandesu on Wednesday December 22, 2021 @03:28AM
(#29646804)
Argue with nerds on the internet and someone will always claim a 100% tax is both legal and just.
[ Parent
| on HN ]
Who is arguing that a 100% tax is legal and just? Is that some weird slippery slope tuned to a million? A 100% tax can't work, so any tax is bad! Is that it?
Taxes are a great way for citizens to give back to the pool used on them, proportionally, and for governments to insentivise and discourage behaviour ( e.g. lower taxes on electric vehicles and raise them on more polluting types). Saying taxation is theft is a great way to out oneself as incredibly naïve and with approximately zero understanding of how anything related to government, politics or economy functions.