Oddbean new post about | logout
 For real for real, if we ALL stop paying taxes, what would happen? 🤔 (In other words, if the teacher don't show up is the class cancelled for everyone or we have to make up something and pretend?)

Drop your notes! ⬇️⬇️⬇️ 
 Nothing.
Paying taxes is just a way that the state is forcing citizens (not sovereign individuals) into being obedient.
Remember: the gov/central banks can print shit tons of paper money, they do not depend on your shity amount of money paid as taxes. They just brainwashed people into thinking that taxes are necessary for sustaining infrastructure. That is a blatant lie.

ONLY SLAVES PAY TAXES ! 
 In the US, the large percentage of people are employees and so taxes are “withheld” on their behalf thus there’s no way to not pay them even if one was inclined to. The filing is just to get your overpayment back. 
 The question that I probably should have asked is why are we paying taxes when they can print it at will? We don't pay taxes out of kindness.  
 Ah, I see. Reasonable question. There’s a chapter (chapter 20) in the book “Fiat Ruins Everything” that addresses this. There they argue:
1) Speedbump/brakes on road to hyperinflation . If they just printed everything there’s more of a risk of hyperinflation whereas taxation slows this and keeps the system running longer 
2) Hide the Cantillion effect— they can hide behind calls for “taxing the rich” and try to conceal that that taxes and printing are just making those close to the money source disproportionately wealthier on net
3) Hide the inflation tax. Like a magician using smoke and mirror taxes hide the most fundamental/insidious tax of inflation