chadlupkes on Nostr: They shouldn't be "printing" money for anything. We should have a balanced budget, ...

They shouldn't be "printing" money for anything. We should have a balanced budget, indeed we should have a small budget surplus every year so the government can put real money (Bitcoin) into a reserve account. But there are aspects of government that are needed that might not get the support of people. If nobody makes donations to the Supreme Court, should we shut it down? Or the Department of Defense, if they don't get enough donations should they have a bake sale to pay for the maintenance cost on the ships? Getting a bit silly, I know. But unless we are going to completely shut down the ENTIRE government and toss the US Constitution into the trash, we do need to maintain the government departments that are required in the budget.

A complete change in how taxes are collected and applied like this would be a major shock to the system, and I don't think we're ready for that. But doing this with 25% of our taxes would send a message to Congress. And we shouldn't forget that most states have an income tax, so they could do this as well at the state or municipal level. And other countries could do this, like El Salvador.

Anyway, lots of possibilities. we just need to think them through.