If you resold Taylor Swift Eras Tour tickets, the IRS is watching — A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty::A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty.
@Squizzy @sudo22
Taxation is just a means for the Government to take money out of the system.
Given how our Federal Reserve bank functions (creating and destroying currency with ledger entries), I’m not convinced income tax is really a necessity.
I don’t think there is much of an argument to be had here if you think the only role of taxes is to take money.
@Squizzy
Probably not if you don’t understand the roles of monetary and fiscal policy.
https://www.investopedia.com/ask/answers/100314/whats-difference-between-monetary-policy-and-fiscal-policy.asp