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RE: Walking the currencies

in #steem6 years ago (edited)

It doesn't touch the local government except that the person is using local electricity, internet, etc

But this has tax already paid on it.

I agree but there are also other factors in play that need to be considered such as, who is doing the earning? Does indigoocean have a tax file number? Once the YOU takes possession of it in some governmental controlled form, then it is a different story. It is going to get complicated legally across borders too.

Potentially, the entire tax system could be reimagined in a way that would be better for all, instead of funding wars by using debt mechanisms and inflation.

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