Real Music wrote:
It would be better if the greedy wealthy corporations simply paid their fair share in taxes.
It would definitely be better If the 2017 tax cut that primarily benefitted the rich and wealthy, were to be repealed.
The problem is that paying taxes in money allows for all sorts of inefficiencies and waste to go on. E.g. let's say a store can produce and distribute certain products very efficiently and others not so. So if the store pays taxes and the government distributes the money out as salaries, the people who end up spending the money can buy inefficient products, which cost more because of the relatively high resource-waste that goes into them, and then the people have wasted their money so they feel they need more income to afford a cost of living that they've driven up themselves by choosing relatively expensive, inefficient products.
Let's take an even more specific example: Let's say recreational drugs and alcohol are popular in some area. Now, the rents go up in that area because of the drug culture, landlords spending rent money on drugs and drug dealers making the money and being able to pay higher rents, etc. Now, government has to hire employees like teachers, police, fire fighters, paramedics, etc. etc. and those people have to afford rent prices that are inflated by the drug money. In that case, it would be good to be able to pay those teachers, police, etc. in direct contributions of food, gift-cards, etc. so that landlords would have to charge less for rent. They can afford to reduce rent by giving up some of their drug/alcohol spending, but as long as their tenants are getting paid 100% in money, they will try to get as much of that money as they can, i.e. because they spend too much on inefficient products like recreational drugs and alcohol.