Why aren't taxes not taken out right when it's created? That would end the moral hazard of tax dodging. You wouldn't have to spend money to stop tax dodgers. The IRS wouldn't need to exist.
Currency is taxed every time it's used. If you think about it, a percentage being taken out every event means the money has a limited life span. Is there a reason for this? Is it really just protection money to the government, is there a mathematical reason I'm missing, or is it something weirder?
Why aren't taxes not taken out right when it's created? That would end the moral hazard of tax dodging. You wouldn't have to spend money to stop tax dodgers. The IRS wouldn't need to exist.
Currency is taxed every time it's used. If you think about it, a percentage being taken out every event means the money has a limited life span. Is there a reason for this? Is it really just protection money to the government, is there a mathematical reason I'm missing, or is it something weirder?
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