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RE: Taxes and their application in Venezuela

in Project HOPE3 years ago

Hi @chucho27

Finally I've found some time to catch up with previously bookmarked posts. Upvoted already :)
It has surely be quite an interesting read.

Don't you sometimes wonder - why do you need to pay taxes while your goverments (teaming up with central bank) can print as much new currency as they want?

Taxes are divided into two three types

This sentence doesn't make much sense ...

Hope you're having a great weekend,
Cheers, Piotr

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Greetings friend @crypto.piotr, when citizens pay taxes we can receive a collective benefit, such as education, health, security, among others, and without propitiating inflation, since governments that start issuing currency, at the time that this currency has no real support, the inflation that will generate will be huge, losing the purchasing power of the currency and destroying the economy of a country.

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