Comment by ifyoubuildit
2 days ago
You get less of what you disincentivize. Putting artificial friction on every single transaction is not free, and it's fucking obnoxious.
Meanwhile, the government you fund takes that money and uses it to surveil you, and commits crimes across the world in your name. And this giant machine that's supposed to stop the bad guys tells you there's nothing to see here when some big scandal comes up right in front of your face.
Yes, I think money being taxed multiple times is too much.
So you think each dollar should be tagged when it's minted, so that the first time it gets taxed—whether that's in sales tax, income tax, capital gains, or what have you—it gets marked "this one's done!" and it can never be taxed again?
Probably not. What needs to happen is the government should be small enough that you can realistically fund it entirely via some minimally invasive tax scheme.
Government is essential, massive government is not. Yet the system we have now is probably the smallest it will ever be (before it collapses anyway).