Vishnu.Reang
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December 19, 2019, 04:20:23 PM |
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It's really impossible, just imagine the life we have if we don't have tax, do you think people can work without any compensation at all? Without tax, there is no government so it would be hard if we will have a country which has no government at all, there will be no unity and no opportunity at all.
I don't believe that it is possible to eliminate tax 100%. But we can keep it down to tolerable levels, given that the government cuts down on wasteful spending. Nowadays, large parts of the tax revenues are being used for providing salaries to the government employees. And another large fraction is being used for maintaining armies and waging wars. An even bigger portion gets eaten up by the welfare rates. If we can cut down on these sectors, then it will be possible to keep the tax rates to a minimal level.
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BChydro
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December 19, 2019, 04:30:03 PM |
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It's really impossible, just imagine the life we have if we don't have tax, do you think people can work without any compensation at all? Without tax, there is no government so it would be hard if we will have a country which has no government at all, there will be no unity and no opportunity at all.
You really cannot under estimate countries like GCC countries who are oil rich and they do not impose any tax on their citizens as well as the expats living over there, yes they have the oil money and hence they do not need to tax anyone and yet they are prospering and they have turned the deserted lands into man made marvels. If the government is able to make their own money then you can think about a tax less society and it is really possible as there are countries like that .
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DaftAjax
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December 19, 2019, 05:14:00 PM |
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You really cannot under estimate countries like GCC countries who are oil rich and they do not impose any tax on their citizens as well as the expats living over there, yes they have the oil money and hence they do not need to tax anyone and yet they are prospering and they have turned the deserted lands into man made marvels. If the government is able to make their own money then you can think about a tax less society and it is really possible as there are countries like that .
Where did you get this information about "not needing to tax the citizens", care to share? I'm pretty sure even if a country is prospering it doesn't mean you don't have to tax people, you are living in that country, after all, you're a citizen. Besides, taxes have their utilization--maintenance, government infrastructures, etc. And about that Oil, I'm certain that private companies (corporations) handle those precious resources, they don't necessesarily answer directly to the government, after all its business.
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Webetcoins
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December 20, 2019, 05:49:59 PM |
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Before we dream to have taxless society. Let us first define the tax. In my own understanding, it is a burden that shoulders by citizen in order for the state to have funds. The government collects it and return back to the people in form of infrastructure, budget for different agencies and other projects. Therefore, how does the state grows up if there is no tax? Let us always go back to basic before we wish to have a taxless society.
I agree there is no way we can have a taxless society, although there are countries which has a very minimal taxes, and these countries are coming from oil rich country, they can do that because they have a very high revenues coming from oil, but for other countries they need taxes to support infrastructure and delivering basic goods. It's really impossible, just imagine the life we have if we don't have tax, do you think people can work without any compensation at all? Without tax, there is no government so it would be hard if we will have a country which has no government at all, there will be no unity and no opportunity at all. Taxless society is a concept given probably by those who are fed up paying taxes and the government is not investing tax money on them. There are countries that are still suffering from corruption and their governments are not loyal to them. But if we look at this concept form your perspective, of course the society will become chaotic if there is no one to monitor their economical state. They shall simply make crypto legal and let people experience full authority.
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abhiseshakana
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December 20, 2019, 06:34:08 PM |
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It's really impossible, just imagine the life we have if we don't have tax, do you think people can work without any compensation at all? Without tax, there is no government so it would be hard if we will have a country which has no government at all, there will be no unity and no opportunity at all.
Tax has a very important role in the life of the state, especially in the implementation of development because the tax is a source of state revenue to finance all expenses including development expenses. There are several countries that rely on fiscal policy to finance state expenditure, these costs can be obtained from tax revenue. Nowadays tax is used for routine financing such as personnel expenditure, goods expenditure, maintenance, and so forth. We take the example in Argentina, to reduce the budget deficit, the Argentine government applies an increase in export taxes for grains. For developing countries and poor countries, tax revenue contributes significantly to gross domestic product. The tax function is different in some rich countries (middle eastern countries) because the tax is used as an instrument to reach the destination. In the context of leading investment, both domestically and abroad, various tax relief facilities are provided. In order to protect domestic production, the government sets high import duties on foreign products. (For example, Qatar imposes a 100% excise tax on alcoholic drinks with the aim that consumption of these health-damaging drinks is limited). With the tax, the government has the funds to carry out policies related to price stability so that inflation can be controlled. This can be done, among others, by regulating the circulation of money in the community, tax collection, effective and efficient use of taxes. So it is not always the tax that is applied to increase state revenue, the tax is used to achieve certain interests.
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drlukacs
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l0tt0.com
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December 22, 2019, 03:47:35 AM |
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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?
It seems that you are just talking about taxes and the convenience of paying with crypto. So for those households who don't know the technology and they never even know about crypto? how do they face new society? Besides, you only talk about annual inflation, but in an economy where there is never only inflation, we still have deflation and deflation. If inflation did not occur, then the whole economy would collapse? I think this plan is not feasible and our fiat money is still the best.
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Polar91
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December 22, 2019, 07:18:49 AM |
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Where did you get this information about "not needing to tax the citizens", care to share? I'm pretty sure even if a country is prospering it doesn't mean you don't have to tax people, you are living in that country, after all, you're a citizen. Besides, taxes have their utilization--maintenance, government infrastructures, etc.
And about that Oil, I'm certain that private companies (corporations) handle those precious resources, they don't necessesarily answer directly to the government, after all its business.
There's actually no way we could escape paying taxes and no way paying taxes becomes better than not complying with it. It is our duty to pay taxes and the government's duty to make the taxes productive by implementing better rules, regulations, building infrastructures and making the country better. Taxes for me is what unifies the government and the people, without taxes, there will be no gas to fuel the innovation and development so in terms of cryptocurrency, the taxless society isn't a good idea for us to come up with.
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xen1oph
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December 22, 2019, 08:01:24 AM |
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I like this positive, but I'm afraid it will not work. Many people have said here before me why. If this idea is modified and improved, then perhaps it will still have a chance.
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shoreno
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December 22, 2019, 08:48:46 AM |
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I like this positive, but I'm afraid it will not work. Many people have said here before me why.
your right and that is also what i think about that a taxless society might be nearly impossible to happen because all countries have a government and being control by them . i think its the law of every government to assign a tax for those who are working in a government related work or if you have a public business . If this idea is modified and improved, then perhaps it will still have a chance.
yes is does . modified in a way of decreasing the incured tax seems to be possible than removing the tax at all . that should improve the taxing system and many people will love it if it approved.
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Janation
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December 22, 2019, 09:13:26 AM |
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I like this positive, but I'm afraid it will not work. Many people have said here before me why. If this idea is modified and improved, then perhaps it will still have a chance.
I do agree, it will not work. Without tax there will be a lot of chaos since there will be no money to be used on project to help the poor, to improve the country, just imagine how bad a country is without tax. It is favorable for people who have big business and they can take their profits as a whole but what about the country?
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awik p
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Pepemo.vip
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December 22, 2019, 09:56:32 AM |
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I like this positive, but I'm afraid it will not work. Many people have said here before me why. If this idea is modified and improved, then perhaps it will still have a chance.
I do agree, it will not work. Without tax there will be a lot of chaos since there will be no money to be used on project to help the poor, to improve the country, just imagine how bad a country is without tax. It is favorable for people who have big business and they can take their profits as a whole but what about the country? Developed countries certainly have a large tax revenue, and the money is managed for the country's progress. if cryptocurrency is legalized throughout the world, I think tax regulations will be established, even though we don't know yet what it looks like. and the government certainly does not want their tax revenues to decline
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deisik
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December 22, 2019, 10:26:48 AM Last edit: December 22, 2019, 01:12:28 PM by deisik |
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It's really impossible, just imagine the life we have if we don't have tax, do you think people can work without any compensation at all? Without tax, there is no government so it would be hard if we will have a country which has no government at all, there will be no unity and no opportunity at all.
I don't believe that it is possible to eliminate tax 100% It may be technically impossible for now But from an economic point of view, taxes are not a thing unto itself (read, they are utilitarian), and something which can be implemented in different ways. Taxes are the payment that some or all members of society have to pay for public services which should be equally available to all members of this society (like roads, education, etc) And it just happens that a government levies and collects these taxes (that's basically why these mandatory payments are called taxes in the first place). In other words, if we can remove the government from the equation without affecting the financial support for the public good, we won't need taxes as we currently perceive them
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kotik085
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December 24, 2019, 03:30:20 PM |
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And what is there to watch. Today, many traders and investors live in an unsecured society and this does not interfere with human development.
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DaftAjax
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December 25, 2019, 03:00:38 PM |
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<....>
There's actually no way we could escape paying taxes and no way paying taxes becomes better than not complying with it. It is our duty to pay taxes and the government's duty to make the taxes productive by implementing better rules, regulations, building infrastructures and making the country better. Taxes for me is what unifies the government and the people, without taxes, there will be no gas to fuel the innovation and development so in terms of cryptocurrency, the taxless society isn't a good idea for us to come up with. But there is a way to escape tax, or more like, there is a way to manipulate how you pay tax to absolutely nothing. Disclaimer, research by your own risk. The problem here is that the tax we ought to pay does not give the expected result from the government, that's why people complain about it. But it's also not good to just remove the tax, possible, but it isn't right--to the governing perspective (tho I don't know anything about politics). Taxes don't really unite the people and the government. The definition of tax (read) is: People pay taxes to the Government to serve the people. But now it turns out to be: People pay taxes to the Government to manipulate the people to pay more taxes.
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DaftAjax
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December 25, 2019, 03:45:49 PM |
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It may be technically impossible for now But from an economic point of view, taxes are not a thing unto itself (read, they are utilitarian), and something which can be implemented in different ways. Taxes are the payment that some or all members of society have to pay for public services which should be equally available to all members of this society (like roads, education, etc) And it just happens that a government levies and collects these taxes (that's basically why these mandatory payments are called taxes in the first place). In other words, if we can remove the government from the equation without affecting the financial support for the public good, we won't need taxes as we currently perceive them As long as people believe that we need a government nothing is going to change. As long as the government says what the people wanted to hear, people will still pay taxes. And the government implemented a law against those who don't (sketchy). Rallying doesn't help, even impeachment doesn't help. Politicians can be replaced, even if people successfully convince the congress to impeach someone, someone would just replace that person and the show will still go on. People don't realize that the root of it all was the system, the whole government itself. People are being manipulated by the government into thinking that we can't be a society without a governing body, as if it was a part of society. People forget that the government should serve the people, not the other way around just because of the tax.
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huige007
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December 25, 2019, 04:17:28 PM |
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And what is there to watch. Today, many traders and investors live in an unsecured society and this does not interfere with human development.
Unsecured like how? Unsecure financially or physically? Well there is no doubt in this that people are living at the mercy of cruel and corrupt politicians which enjoy making people unsecure financially so they cannot stand against them. We humans always figure out ways of progressing and continuous development no matter what conditions we are facing. Technological development is the one that never stops.
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bitbunnny
Legendary
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Activity: 2912
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WOLF.BET - Provably Fair Crypto Casino
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2019, 05:02:01 PM |
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Taxless society is utopia. Governments and local communities need to financed by citizens and if you ask me citizens need to contribute to wellfare of community they live. So to my opinion the problem is not in taxation but in the way that money is spent and that taxation is fair and reasonable. In some countries there are cases where that money ends in private pockets or is spent on totaly wrong projects and not for the benefit of citizens and community and that is the reason where people have the reason to be angry and not to support taxation. Honestly, I don't see how development of technologies can contribute for taxation not to be implemented. Maybe through blockchain it can help to become more transparent
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shield132
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2019, 08:17:30 PM |
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Taxless society is utopia. Governments and local communities need to financed by citizens and if you ask me citizens need to contribute to wellfare of community they live. So to my opinion the problem is not in taxation but in the way that money is spent and that taxation is fair and reasonable. In some countries there are cases where that money ends in private pockets or is spent on totaly wrong projects and not for the benefit of citizens and community and that is the reason where people have the reason to be angry and not to support taxation. Honestly, I don't see how development of technologies can contribute for taxation not to be implemented. Maybe through blockchain it can help to become more transparent
I agree with you cause you mentioned correctly, problem is the way money is spent. In a lot of countries it's spend in some people's pocket and I have no idea why do they need so much money, are they eating it instead of real food? No one cares about poor people, only rich ones are prioritized and at the same time no one acts like an alarm to escape from this bad situation, they just adapt on it and continue their life in working of growing someone's pocket. Also technologies aren't escape from this situation, it can even turn into opposite and make things harder for us.
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FlightyPouch
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2019, 09:14:52 PM |
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And what is there to watch. Today, many traders and investors live in an unsecured society and this does not interfere with human development.
We are always at risk and that is not just traders and investors but everyone since I don't understand if you are talking about being unsecured in the real world or being in the internet unsecured. Everything could happen and crimes is not always happening offline. I think I agree that when crypto currencies are legalized all over the world, maybe not, government might find a way to tax users.
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senin
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December 27, 2019, 05:24:50 AM |
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In the history of mankind there have been many cases when people tried to create, as it seemed to them, a more just society without taxes. All of them were defeated, because financing of common needs is necessary in any society. Another thing is how to effectively use taxes, but this is another matter.
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