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RE: Make all the money you want

in LeoFinance3 years ago

I like the GST model. 25% and no other taxes. Can't see it being adopted, though. The point isn't fundraising, its control.
They take from everyone, then give back to the obedient.

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If I remember correctly, I think the Australian Federal Government had little to no power over the individual Australian states until they took over income tax... I'm not sure we would have had much of a Federal Government without that particular move... and now they can pretty much tell the states what to do.

In the US we're paying Federal Tax and State Tax... the individual states set their own tax rate (and there is also property tax on top) so they have greater autonomy. I actually like the states having more resources and ability to make their own laws, it means people can (theoretically) move to a state that suits their financial goals and ideology.

The closer your government, the better. Some want it a few thousand miles away; I want it at my dining room table.

Have you ever considered running? You'd honestly be amazing.

That's very kind. It's unfortunately a well-worn path. Lots of liberty minded people have tried it over the years and they're either completely ineffective at securing real, lasting change; or they're corrupted by it and end up just as bad as the others.
I'm going to continue focusing on projects like this. If we can give people an alternative to government issued money and convince them to use it; Gresham's law will starve the nation state out of existence.

That makes sense. Instead of trying to fix the system from within, creating a superior, more equitable system to replace it. Definitely a project worthy of our time.

You'd best start believing in anarchist revolutions, Mr Ninja.

You're in one.

Haha! I'm doing more than that my friend... details to come later this year.

Would make sense, right? I don't even mind the government level tax, but it should come with full transparency. Government spending should be blockchained and always equal zero. Then, there should be a percentage of it where the user gets to decide what is supported.

So much this!

I've been thinking about blockchained Government so much recently. As far as I can see it, it would end the party system instantly and make consequences immediate for elected officials who don't do their jobs.

It would change everything - which is why they fear crypto. Once people are acccustomed to transparency and handling their own wealth - their next sight is on governance. Look at Hive as an example of what could be and while this is DPoS, that "stake" could be any number of factors applied through a smart contract. Rather than voting for an individual or even a party, you vote across a spectrum and the job gets given to the most qualified etc - it makes politicians hired bureaucrats again, not celebrities.

I'm constantly appalled with how much money is spent on campaigning in the US. It's astronomical and obviously affects policy decisions, etc... imagine if the money spent on convincing people you were going to fix the problems, was just spent on fixing the problems.

I'd think we'd still see some levels of it, "Vote Smith on Proposal 8573" but we'd also get to see proof of Smith's track record, successes, failures, etc... something that just doesn't seem to be a factor whatsoever in today's politics.

imagine if the money spent on convincing people you were going to fix the problems, was just spent on fixing the problems.

Imagine if there was a proposal system similar to Hive for some expenditures where a percentage of support had to be reached based on stake. How many would be willing to pay out of their private wallets for the next war?

I guess it depends on how much "defense" contractors are willing to spend whipping up a media frenzy but yes, if everything is recorded then it might only work once. If it was an additional cost to each citizen, then, no chance.

Now, to widen a road that eases my commute... sign me up!