Tag Archives: inflation

Taxation Is Outdated

Taxation and inflation continuing altogether means the statesmen not knowing the political economy of governance.

Sangkrit insists for taxing only the transaction volume of the economy in an inflation mode for updating the governance. Thus the state may finally dispose off the burdensome taxation machinery by stopping all unnecessary distraction on business.

Taxation and inflation continuing altogether means the statesmen not knowing the political economy of governance. That is how they still bother about harbouring huge taxation machinery for extorting from their people. The way taxation continued even after the establishment of central banks circulating state currencies proves only that.