We didn't have income tax until 1913. And the gold standard was ended not long after that.
But we aren't going back to gold anyways. The post-storm economy will be based on bitcoin, which is physically impossible to tax, provided it is stored properly.
Downstream from fiat.
Are you suggesting that if we had gold backed currency there would be no income tax? Not sure I agree with that.
We didn't have income tax until 1913. And the gold standard was ended not long after that.
But we aren't going back to gold anyways. The post-storm economy will be based on bitcoin, which is physically impossible to tax, provided it is stored properly.