seigniorage is also referred to as an inflation tax [...] the "inflation tax" is paid by those who hold the existing currency, which results from their holdings of currency becoming devalued through inflation because of the introduction of additional money supply.
Don't you mean "seigniorage" money? http://en.wikipedia.org/wiki/Seigniorage
as opposed to money being collected via taxes.
Isn't seigniorage a type of tax? http://en.wikipedia.org/wiki/Seigniorage
seigniorage is also referred to as an inflation tax [...] the "inflation tax" is paid by those who hold the existing currency, which results from their holdings of currency becoming devalued through inflation because of the introduction of additional money supply.