Depends on where it comes from I’d guess. Like if taxes were in bitcoin, and everyone got 2k bitcoin, would it still be 0
Discussion
canuckbucks would be zero and bitcoin would go past the moon, 😂
You’ll be buying 1 sat with 2000 ubi$
You can't create any wealth by stealing from the productive to give to the less productive people.
So overall the whole society is poorer after taxes (less good and services produced and sold).
Some may share a bigger part from a smaller pie, at best, at the expense ot others.
So 2000 USD took by taxation brings at best higher prices because people needs to keep their profits to be solvant (their is no taxe that is not eventually paid by the individual customer) plus market distortions due to improductive activity leading to less wealth on the long run, than otherwise.
At worse it rises unemployment (in case of price control or some socialist shit), decrease the quantity of good and services produced and makes everyone poorer instantly.
Anyway it indeed sets new 0 higher than previously.
1. Is it primarily the stealing or the giving for nothing in exchange?
2. There is some non-linearity in how well society is, that may make it better off depending on how it’s measured. Going from .0010 to .0011 BTC is a lot more impactful on quality of life than from 10.0010 to 10.0011.