Quote:
Originally Posted by Ethersync
It it not so simple, but let's get to the point: Do you think that if there was an income tax back then and more government regulation it would have meant greater economic growth?
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That's hard to say... with today's standards it would be a mess. But back then when banks did get regulated and a standard exchange was made, it greatly helped.
We had taxes back then, sales and others...including income, just income went on and off, so yes in some ways they did help.