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[–]PeddaKondappa 8 insightful - 1 fun8 insightful - 0 fun9 insightful - 1 fun -  (2 children)

In an economy based on fiat money, and where the state has sovereign control over the production of this money, taxation isn't even necessary for any purpose other than (1) controlling inflation and (2) controlling people. Taxation is used for government finance only when taxes are rendered in kind or in some token with intrinsic value, e.g. a tenant giving a share of his crop to his feudal lord. In our modern Judeo-Capitalist usurious system, taxation is nothing more than an instrument of socioeconomic engineering.

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

yeah they don't really need our meaningless paper. In the past the did confiscate gold during FDR's time. But now for money the reason for taxation is to make us feel like we have our skin in the game in the govt. They really want everyone to be on one of two sides and for it to be split 50% down the middle, liberals and repubs. So the tax rate is kept just high enough to make workers feel the pain of it while also giving just enough govt services to the poor to make them think it is good that others pay taxes.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Did they really confiscate people's gold? I imagine they gave them pieces of paper in return