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The whole point of an income tax is that it's paid in USD - basically this is what gives the USD its value, it has mandatory demand. (For sales taxes, it has a
by astrange 2y ago
The whole point of an income tax is that it's paid in USD - basically this is what gives the USD its value, it has mandatory demand. (For sales taxes, it has a double effect where it encourages transactions being in USD.)
Public ownership of shares can be good too. That's a social wealth fund, but we have Vanguard and mutual funds instead.
- jjtheblunt 2y ago> The whole point of an income tax is that it's paid in USD - basically this is what gives the USD its value I'm not understanding correctly (not kidding): what gave the USD its value before the income tax in 1914 or thereabout?
- fzzzy 2y agoGold in a vault