NST/GST should be a thing, it helps alleviate other taxes and even though it discourages consumer spending, namely having cars cost an additional $2500, a variable NST that would be applied to different types of goods is a good idea. SInce certain items cost different and varying amounts, 15% on everything is too high.

15% on basic necessities, as they are already fairly cheap, seems reasonable. 10% would be better however. I don't want to see the poor be forced further into poverty because of taxes.

Property can't be moved, unless there's someone willing to exchange pieces of land, so a piece of land should be taxed only to cover maintenance costs that the gov't would pay for. There shouldn't be any additional funds going into city coffers aside from that used for maintenance.

We already know what it is like to have taxes on financial transactions, primarily because we use Bitcoin. 3% taxes, that go directly to the government budgets, seem reasonable. $10,000 transactions would only have an additional $10 spent, so it isn't harmful for consumers. The sheer volume of translations daily, however, make it a good idea.

Keep income tax, and tax only 15%-20% at max. The other taxes will keep pace, like you said. Even better if you are assigned a number and not a name, that way you can maintain your privacy, and still pay the taxes. Of course this would be difficult to enforce.

Good points, I'm not American so I don't know all of the politics that happen there, but I wasn't aware that people in the States think their government is so corrupt. I understand there is always corruption, but I guess I didn't think that everyone thinks it is abysmal in the States.

I understand that it isn't the place of the government to dictate what is done with your money, but at the same time they do provide a lot of services such as infrastructure and military services, but I'm not sure what value you place on those, so I can't decide if you think that is enough.

The core of your arguments above appear to be the following.

1) Inflation is a better tool than taxation for redistributing wealth because it simultaneously targets "all champaign glasses" efficiently guaranteeing funding of government priorities without the overhead of intrusive taxes, and costly enforcement.

2) Education is valuable and thus it is the duty of the state to provide guaranteed funding for individuals seeking higher education. Such funding is necessary to equalize the economic playing field.

In regards to your first argument I entirely agree. Inflation is both a more efficient and hidden way of siphoning wealth from the population. I disagree that this is in any way desirable.

Both inflation and taxation involve taking from those who produce in order to fund some centralized priority. Such activity by its very nature is top down management of the economy therefore inefficient. The goal should be to shrink this inefficiency to the minimum necessary to maintain social stability and guarantee a well functioning state. Unlike inflation taxation is not hidden and thus is subject to far more public scrutiny. Taxation also allows the taxed to make a case against new taxes. Taxation as a method of funding will thus result in lower levels of overall government spending and thus less waste.

In regards to your second argument, I agree that education is valuable. Whether it is valuable enough that we should guarantee funding for all those who seek higher education regardless of the cost or their future earnings potential is debatable. However, if you believe that education is a critical public need (like national defense) and the need will not be met by the free market then the proper course of action is to petition the government to directly fund the needed expense and pay for it with taxation. The true cost will then not be hidden.

As was mentioned above the advent of cryptocurrency means that governments have categorically lost their monopoly on coinage and will thus eventually lose the power to inflate. Given the freedom to choose people will vote with their feet and leave inflationary currencies for others that better approximate ideal money.

Governments can slow this competition by using force much like the late Roman Empire did when it required merchants to accept its copper tokens under penalty of death. However, we agree that the economic unsustainablility of an oppressor state is self evident. It follows that inflation as a tool of redistribution is likewise unsustainable.

There are already many economists proposing it, and if enough people want it, then it can be done.

If the 4 quadrillion derivative bubble gets taxed 1%, then there will be no need to steal 30-40% from the mouths of poor families and their children, or hardworking middle class people who already contribute a lot more to the economy.

This sounds awfully close to the ideas promoted by Communism. Productivity is not a virtue that brings entitlements to wealth? Enforcing that would seem to require nothing less then the total abolishment of private property along with some form of totalitarian government to enforce the redistribution.


Communism has been tried. In every attempt to date it failed and killed millions.

I was having a milder relapse yesterday, so I upped my vitamin D3 dosage to 100,000 IU (and copious water intake) then slept a solid 6 hours. All indications are that my symptoms respond to high dose vitamin D3 and none of the other numerous remedies I experimented with since 2012.

Interesting that filipinos are suffering deficiency, not only because of office jobs, but also because they hate to be their natural brown color and want to be white like us (they go so far as to bleach their skin!).

http://manilastandardtoday.com/mobile/2014/05/19/3-out-of-5-filipinos-suffer-from-vitamin-d-deficiency

This sort of self-help health information is an example of the Knowledge Age in action. There are business opportunities right now for someone to market vitamin D3 as a cure for many ailments. I guarantee you it cures menstruation pain. Every time a lady has this pain coming on, I offer her 5000 IU of vitamin D3 and her pain subsides within an hour. Do you know how much women hate that monthly pain?

I work out 6-7 days a week and take multi-vits twice a day... it keeps you going good and mind sharp.

Note I am more on herbals now (curcumim, moringa, bitter melon, and mangosteen) and VitD3 seems to have been addressing the symptoms of my conjectured bile obstruction and not the root cause. Careful with high dose VitD3, there are painful potential outcomes (kidney stones).

Was this the one?

http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/