Side note: taxes do not fund spending in countries that issue their own currency and that currency is not pegged to something else. In this sense, the US does not need taxes to fund spending on healthcare, in the same way it does not need taxes to spend nearly $1 trillion on the military.
Modern monetary theory describes taxes as primarily tools to reduce some effects of income inequality (and that is not done anymore) and, most importantly, provide the value of money. In essence, taxes (and the threat of imprisonment if you do not pay them) is what makes paper, and now numbers on computers, a thing you will die without.
Modern monetary theory describes taxes as primarily tools to reduce some effects of income inequality (and that is not done anymore) and, most importantly, provide the value of money. In essence, taxes (and the threat of imprisonment if you do not pay them) is what makes paper, and now numbers on computers, a thing you will die without.