I mean, they're not wrong.
(media.scored.co)
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While I guess more teenager than child, I have been doing something to make money (from third parties not like my parents paying me) since I was 13 and I've had some sort of "official" job since I was 16. I said when I was in my mid 20s I learned more from work than I ever did from school, and over a decade later I'll still say it.
As a kid my parents stole my allowance...which often had chores attached. Repeatedly. LOL.
And, no, not as punishment or anything. I was really good at saving money, so when they needed money...poof. Talk about sending the wrong fucking message...
teaching you about taxes
More like a warning about all the ones who will mooch directly off you, even when you don't really have any more than they do. Help them once, they suddenly think you're their personal piggy bank/cigarette vending machine.