Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 31, 2020 erstellt
Description:
While taxation affects everybody who lives in a modern society, existing systems suffer from inconsistencies, operational imperfections, and high running costs. Amounts of tax paid by taxpayers are highly independent of the benefits received in return, which provides great freedom for policymaking. Despite that, no taxation model has emerged yet that would be able to efficiently address the problems mentioned above. In this paper, I show that there is an extremely simple taxation model that could overcome these issues. However, it requires all local (national) currency holdings to be fully recorded live at all times