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In my opinion, your outrage is misplaced.

Don't hate the other players, hate the game that coerce you into paying taxes (i.e punish you) because you have partaken in a peaceful and voluntary exchange with another person.



If you would like to make that exchange in person, using a currency of your choosing, then I don't see a problem with your argument.

However if you want to use the Internet, which was subsidized by and developed using research by U.S. and E.U. governments then my counter argument would be that you need to pay the toll of the IRS or whatever other government you reside within.

If you want to start your own nation somewhere and build your own inter-continental communication network then by all means feel free to fund that effort by whatever you deem necessary to achieve that end.

Taxes are needed, however begrudgingly, to fund a government which maintains a civilized and peaceful exchange of commerce. There are no examples I'm aware of where a lawless no-mans-land has resulted in anything more than a region dominated by warlords.


> If you would like to make that exchange in person, using a currency of your choosing, then I don't see a problem with your argument.

> However if you want to use the Internet, which was subsidized by and developed using research by U.S. and E.U. governments then my counter argument would be that you need to pay the toll of the IRS or whatever other government you reside within.

For this matter, how will you travel to meet the other person? Will you take a taxpayer-funded road? Will you take a plane monitored by taxpayer-funded air traffic controllers?

And how do you know the other person won't just shoot you and take your currency? Maybe it's because they're worried that the taxpayer-funded police and public prosecutors will go after them if they do that.


Serfdom. Be thankful for what the system has provided you by giving us the fruits of your labor.


That's rather lazy. I don't think you know what the word "serfdom" means if you're using it to describe a modern country such as the United States.

If you want to take your labor off the farm, so to speak, then go ahead. But you're going to have a very difficult time enjoying as much fruit from your labor your only currency is your own time, with no common economic structure.


Selfishness. To exploit the fruits of a system without providing a means to maintain said system.


This is such a tired argument. Do you really want a pay-as-you-go system for the internet or roads or any other public good? I sure don't.


The internet is almost entirely run by the private sector...


Highways have tolls and mobile phone plans have data caps. Unless that was your point, then whoosh I guess.

There are lots of public goods that are much more heavily subsidized; gas, electric, water, law enforcement, fire, military...


It's not (just) "the fruits of your labor". You are a member of a society, which has invested in your schooling, the infrastructure you use, the police and the military to keep you safe, etc... If you want to opt out, there are a few deserts left with weak enforcement of the rule of law. Good luck.


Because I like living in a civilization.


Because I like living in a civilization [controlled by Private Finance Oligarchy].


I hear Somalia is looking like a lovely Libertarian paradise these days, if that's what you're after.


Disingenuous.

There are ample examples of robust, thriving, civilizations that had alternative monetary systems before the Private Finance Oligarchy ate the world.


I'll entertain this. Let's start off with this: can you provide any specific examples of these civilizations?

To give you some prep, the next question I'm going to ask is what the quality of life was like for the average individual in those civilizations, including the usual metrics: healthcare, access to food, access to running water, etc.

One step further, if you provide answers for these questions, I'm going to happily show you why it's extremely difficult to extract the incentives for developing these quality of life improvements from capitalism without designing an economic system that looks like it.

Then I suppose you and I will debate whether or not capitalism is perfect, which will be a red herring, because that was never really the point.

Deal?


Without a duplicate Earth to utilize as a control in any experimental setup, it is very difficult to determine whether any given technology improvement came about because of a specific historic factor, or in spite of that factor.

I think you are making a reasonable assumption that theoretical systems that allow for concentration of capital result in greater technological advancement than theoretical systems that tend to diffuse capital. But the real world is complex and messy. Living people sometimes behave in ways that are surprising to the economist.

It is very difficult to "design an economic system". You either have to devise an incremental path to it from the old system, or march people to it under the threat of death. If you're really going to ask someone to compare historic civilizations with the modern global civilization we have now, you're probably going to need to make some adjustments in order for that to be a fair comparison, instead of one implicitly biased to your own point of view.

I'm not certain it is even possible to do that for a comparison between a pre-industrial civilization and a post-industrial civilization. What we can say for sure is that it hasn't always been this way and therefore it doesn't always need to be as it is now.


And yet the tally sticks were still burned.


Because those who have the power will always tax those who haven't, for the simple reason that it is much easier than gainint the money via voluntary exchange.


Can you name a nation state/principality/empire that survived on voluntary monetary contributions rather than taxation or plunder?


so that we can have nice things like roads, a power grid, environmental protections, etc.


[flagged]


> The Ayn Rand brigade is just getting slower with age and untreated mental conditions.

Please don't say things like this. It doesn't help.


Because the electricity, roads, laws and communications which support your monopoly money currency need to be funded.

If you want to go make a million dollars, more power to you, but you also need to pay your fair share like everyone else.


What is seen as fair is a very subjective question. I would prefer not calling it "fair share" because taxation is very complex and depends hugely on how good you are at gaming the system.


What's the capital gains tax in the US? I seem to distinctly remember it's far lower than a bricklayer's income tax. So, arguably, taxes on bitcoin speculation are not a "fair share" only in the sense that it's still too low.


CGT is very high in the USA compared to the UK and the rest of the EU - which discourages investment as opposed to buying safe T Bills or Guilts


I think it's fair to say that many people lose perspective when it comes to their wallets.


Paraphrasing Upton Sinclair: It's difficult to get a man to understand something when his portfolio value depends on his not understanding it




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