Artificial intelligence evaluates how the economy would be affected if taxes were eliminated. Taxes, while often seen as burdensome, are one of the pillars of the economy. So, what happens if there are no taxes?

Waking up one morning to find that the government has declared no more taxes might initially sound fantastic. However, it is essential to consider what this situation entails. AI provides answers to these questions.

How will the government generate income? There will be significant restrictions on public services. The role of the private sector will increase dramatically, and state-owned enterprises and natural resources will become alternative income sources.

Additionally, the risks of borrowing and inflation will come to the forefront. Inequalities in society will deepen further. Is a tax-free world truly possible?