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Friday, October 20, 2017

QUESTION RE TAXES INTEREST PAPER MONEY ETC

What if they, and I am not saying who they might someday turn out to be, what if they start to charge you interest on so called money, paper money, money they print (or even if it goes virtual), an unsecured claim against them, which you hold and use, not on money you are borrowing, from them or someone else; that is a separate interest event, or is it really, then so separate?
 
If they start charging interest on your money itself, not just tax on what is now called income, or gain, while charging interest also on money you borrow from them, then it is just a matter of degree, really, isn't it?
 
I guess in some senses, they may already do this....too.
 
Why then even bother with such an antiquated thing as taxes on income or gain, at that point?
 
Just charge interest on held money itself (not just on income, gain, or profit), as well as on the borrowed stuff.

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