news:rt3qb3ljoudges67em705d2497m2fe7huh@ ...
> Look at a little reality. If total taxes take % everytime money
> moves, then after 3 moves there is none left in society. It is then up
> to the taxing authorities to quickly put this money equitably back
> into the monetary system. If there is a hexitation then will a
> recession arrive? Am I right?
>
No not quite right. To make it very simple let taxes be 1/3 exactly and let
us start with the amount of 81 equal coins. Now the first move of the 81
coins will be taxed with 27 coins leaving 54 coins. Second move can only be
of 54 coins which are taxed by 18 coins leaving 36 coins. Third move wll be
of 36 coins taxed by 12 coins leaving 24 coins. According to your idea there
would be nothing left after 3 moves with % taxes and % is actually
slightly less than 1/3 so it would leave a fraction of a coin more.
>
> On Fri, 10 Aug 2007 03:53:00 -0700, "AngleWyrm"
> wrote:
>
>>"dlzc"
>>news: @ ...
>>> If money defines the distance between you and goods, why does it