It's just a hypothetical question and says nothing about me. I decided to open thread with this question for a lot of reasons which I'll explain down below.
If you think about inflation, taxes and your salary at the same time, you'll understand how the government eats you alive. Let's start with the fact that იf you live in Europe and have a normal salary, you have to leave almost half of it in taxes. Then, when you want to go for shopping and buy something in store, including food, clothes, technics, etc, you have pay your taxes of those items with already taxed money. Then, the store owner has to pay taxes of the income his store generated. Distributors, who deliver things to these stores, have to pay taxes too. Then there are vehicle taxes, property taxes. So, absolutely everything is taxed and on top of that, our salary is taxed and even on top of that, we experience inflation. This is not fair!
So, my legitimate question is, after all the robbery, a person, who doesn't pay taxes, is a bad person for the society or not? More likely I want to get answer from those whose countries have a model similar of European healthcare and employment insurance.
If you do not pay taxes on your earnings you might face serious consequences from the government. It will depend on how much taxes that you have not paid. The government can impose fines and penalties on the individuals for failing to pay their taxes on time. This fines can be quite substantial and may even exceed the amount of taxes you owed. In my country taxes are automatically deducted to the salary if you are employed. But if you owned a business or you are self employed you file your own taxes based on the deadline each month that is scheduled by the Bureau. In other countries you might face criminal charges for tax evasion and this could result to fines a criminal record and even imprisonment. If you are a responsible citizen you will not tax evade to avoid more serious problem later on. |
|
|
|
|
NFT's and memes has different purposes. NFT's are unique digital assets that can be bought and sold like physical assets. They are often used to represent ownership of digital art, music or other creative works. Memes are typically humorous images or videos that spread virally across the internet. NFT's has their potential as a new form of investment and revenue stream for artists. They offer a way to monetize digital creations that were previously difficult to sell. The market for NFT's can be volatile and unpredictable and they can contribute to the growing wealth gap in society. Memes are form of entertainment and social commentary. They can bring people together through shared humor and cultural references. They are often used to express opinions on current events or to poke fun at popular culture. Memes are not typically monetized but they can be used to raise awareness. It would still depends of individual perspective whether to invest in NFT's or Meme coin.
|
|
|
|
|
Fiat currency, which is paper money that is not backed by a physical commodity like gold, can be difficult to hold due to several economic factors. The first is inflation, which erodes the purchasing power of fiat currency over time. As more money is printed and circulated, the value of each individual unit decreases making it less valuable to hold onto. Another factor is the interest rates. When interest rates are low, it can be more attractive to invest money in other assets that offer higher returns, such as stocks or real estate. This can lead to a decrease in demand for fiat currency as people seek out alternative investments. Fiat currency can be a convenient means of exchange for day to day transactions, it can be difficult to hold onto as a long term store of value due to these economic factors.
|
|
|
|
|
To be able to avoid a scam project we need to research the project and its team thoroughly. Research for the information about the project's goals, team members and also the track records. Check as well for the red flags such as promises of high returns with a little effort, lack of transparency or pressure to invest quickly. Look for independent reviews and feedback from other investors. Be aware of unsolicited offers from people claiming to be from the project team. Consider the projects legal status and whether it is registered with relevant regulatory body. Also do not invest more than you can afford to lose. By following those tips you can be able to avoid scam projects.
|
|
|
|
|
Yes it is possible to create a new system that is not dependent on the USD. In fact, there are already alternative systems in place, such as cryptocurrencies and bartering systems. Cryptocurrencies, such as bitcoin and ethereum are decentralized digital currencies that operate independently of governments and traditional financial institutions. They allow for peer to peer transactions without the need for intermediaries such as banks. Bartering system involve exchanging of goods and services directly without the use of money This type of system has been used for centuries and is still used today in some communities. It is important to note that the USD is currently the dominant currency in the global economy and any new system would face significant challenges in gaining widespread adoption.
|
|
|
|
|
A reliable and trustworthy crypto project should have a strong foundation that is built on transparency, security and community support. Transparency is important in order to ensure that the project goals, objectives and strategies are clearly communicated to the community. This includes providing regular updates on the projects progress as well as being open about any potential risks or challenges that may arise. Security is also needed for a reliable and trustworthy crypto project. This means implementing strong security as regularly testing and auditing the security measures to ensure they are effective.
|
|
|
|
|
A bull market is a period of time when the stock market or crypto market is rising and is expected to continue to rise. This is a time when investors are optimistic and confident in the economy, and are willing to buy stocks. A bear market is a period when the stock market or crypto market is falling and is expected to continue to fall. During this time, investors are pessimistic and worried about the economy, and are more likely to sell their stocks. To make profits during a bull market, investors can buy stocks or crypto that are expect to perform well, such as companies with strong financials, good earnings reports and positive news. During bear market, investors can make profits by shorting stocks, which involves betting that a stock will fall in value. They can also invest in defensive stocks, such as those of companies that provide essential goods or services that people will always need.
|
|
|
|
|
A bounty hunter is not typically considered an investor, as their work is focused on collecting bounties rather than investing capital for financial gain. However bounty hunters do require patience as they often have to spend long periods of time tracking down their targets and waiting for the right moment to make an arrest. In many cases, bounty hunter must also have a high level of skill and expertise in order to be successful in their work. This may involve knowledge of the legal system, investigative techniques, and physical combat skills. While there may be some similarities between the patience required by investors and that required by bounty hunters, the two profession are quite different in terms of their goals and methods.
|
|
|
|
|
Well there are several methods to cut food costs that can help us to save money while still enjoying delicious and healthy meals. First is Plan your meals in advance. By planning your meals ahead of time you can create a shopping list and you can avoid impulse purchases. This can help you stay on budget and reduce food waste. Next is you can try to buy in bulk. Purchasing food items in bulk can be a great way to save money, especially for non perishable items like rice, beans and pasta. You can also consider buying meat in bulk and freezing it for later use. Shop sales and use coupons. Cook at home can also save money. Use cheaper cuts of meat like chicken thighs or pork shoulder can be just as delicious as more expensive cuts when cooked properly. Buy generic items can also save money. By following different methods you can reduce your food costs without sacrificing the taste or nutrition.
|
|
|
|
|
Social media marketing, business have begun to take advantage of these platforms to promote their products and services. As a result, social media is now looking more for business than for socializing. One of the primary reason for this shift is the immense popularity of social media platforms. With millions of users logging into these platforms every day, businesses have recognized the potential to each a vast audience through social media marketing. Moreover, social media has become an integral part of many people's lives, and businesses have realized that they need to be present on these platforms to remain relevant. Social media is now looking more for business than for socializing. While social media platforms were initially developed for personal use, businesses have recognized the potential to reach a vast audience through social media marketing. As a result, social media has become an essential tool for businesses to connect to their customers and promote their products and services.
|
|
|
|
|
Both Ethereum (ETH) and Bitcoin (BTC) are popular cryptocurrencies with different use cases and potential for growth. Bitcoin is the first and most well-known cryptocurrency, often referred to as digital gold. Its main use case is as a store of value or a hedge against inflation. Bitcoin's supply is limited, with only 21 million coins to ever exist, which creates scarcity and can drive up its value over time. Bitcoin transaction speed and scalability are limited, which can hinder its adoption as a means of payment. Ethereum, on the other hand is a blockchain platform that enables developers to build decentralized applications and smart contracts. Its native cryptocurrency, Ehter (ETH) is used to pay for transaction on the Ethereum network. Ethereum's potential growth lies in its ability to disrupt various industries by enabling the creation of decentralized applications that can function autonomously without intermediaries. Ethereum scalability issues are being addressed with the transition to Ethereum2.0 which will improve transaction speed and reduce fees. Bitcoin and Ethereum have unique strengths and potential growth.
|
|
|
|
|
Show Posts
