>The parent commenter didn't refer to efficiency of tax collection.
Tax collection is part of government and in this case is an useful counterexample to the endless "all government is bad" messages we regularly hear on HN.
>When an unprofitable business in the private sector runs out of investor money it sells all its assets and eventually collapses.
Yes, and unpopular governments get voted out (assuming they are democratic).
It is easy to believe that “all government is bad” when the only government you’ve interacted with is the US government. Thanks for highlighting a counter example.
Tax collection is part of government and in this case is an useful counterexample to the endless "all government is bad" messages we regularly hear on HN.
>When an unprofitable business in the private sector runs out of investor money it sells all its assets and eventually collapses.
Yes, and unpopular governments get voted out (assuming they are democratic).