I look at it with a different upside. All of the hidden taxes, fees, inflation, inefficiency, rent seeking, and downright theft would stop. If all that money stopped getting sucked out of the economy, imagine how much richer we would all be. We would have real earnings again and prosper from our labor once more. I could easily see wages for honest work jumping 30-50% in real value.
Even if they seize all that illicit cash and can't figure out a way to equitably distribute it back to the people, they could use it to give the country a tax holiday for 1-10 years.
I look at it with a different upside. All of the hidden taxes, fees, inflation, inefficiency, rent seeking, and downright theft would stop. If all that money stopped getting sucked out of the economy, imagine how much richer we would all be. We would have real earnings again and prosper from our labor once more. I could easily see wages for honest work jumping 30-50% in real value.
Even if they seize all that illicit cash and can't figure out a way to equitably distribute it back to the people, they could use it to give the country a tax holiday for 1-10 years.