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The main reason for the successful economic rent seeking of tax accountants is due to the threat of inaccurate non compliance around income tax. This is the most obvious marketing point for CBDCs - that you no longer have to maintain payment receipts or estimate deductibles. Your tax position will be automatically calculated and deducted in real time. Govts around the world are gagging for this level of transparency into all bank accounts.

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Laser 2y ago

That's my favorite part but the worst element is that the tax is decided programmatically by fiat and there will still be inflation.

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