Bitcoin Forum
June 25, 2024, 09:44:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Economics / Re: Reason we pay taxes and why we should on: June 07, 2018, 04:01:21 AM
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.

I agree. Though many people define tax as a burden, but one should consider it as a way to help bridge the needs of the people and the capability of the government to fill in the gap. Without taxes, how can the government implement projects for the community? Without taxes, how can the public servants attend to the needs of their constituents? You see, these are just few instances how taxes play a vital role in our community. The tax we pay, may it be direct or indirect, is the blood of the government. Without it, I don't think it's possible to carry out their future plans for the country. That's how significant taxes are. With its necessity, it should be handled well by capable individuals.
2  Economy / Economics / Recession in the Economy on: May 08, 2018, 11:53:22 PM
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
3  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: March 30, 2018, 01:11:52 AM
The greatest part I have spent today from money I earned throught Bitcoin went into computer components. Just second, clothes. I believe in Bitcoin as an everyday currency, not a speculative asset you would keep preciously somewhere in the hope its value would rise.
As for me, I shall spend the money earned from bitcoin in buying gadgets useful in school and at home. Second, clothes too. But om top of everything else, my basic needs shall be fulfilled first and foremost. Bitcoin shouldn’t be left stagnant for so long since we never know its volatility.
4  Economy / Economics / Re: tax on: March 18, 2018, 05:44:15 AM
in your country income from bitcoin taxed? state the country

Here in the Philippines, our goverment did not declare bitcoin as a legal or illegal so there is no tax to be impose yet because maybe i think at this time bitcoin is not really known in my country. Here in office alone very few of us are engage to bitcoin maybe it needs  two to three years more that bitcoin popularity will arise so that the goverment can possibly benefit to thru tax.

Indeed. Bitcoin is not that common here in our country. The tax system has undergone major changes as of this year. Bitcoin isn't defined yet. Therefore, bitcoin is not YET taxed. I said YET because time will come, Bitcoin will start to become existent in this country. Same holds through with online stores, which are becoming rampant nowadays. That's why as early as now, many people can still benefit from bitcoins without worrying of being taxed by the government.
5  Other / Beginners & Help / Before and After Bitcoin came on: March 12, 2018, 10:44:50 PM
How did you know bitcoin? Did it greatly influence your way of life now? Is it a game changer or just something temporary? Feel free to share your thoughts. I read but I don’t judge.
6  Economy / Economics / Re: Before I Die... on: March 12, 2018, 02:46:16 PM
I will help change the world for the better...
I will help others change the world with me too. How? By doing great things to others to help spread the goodnes in each and everyone’s heart. Little by little, the world won’t be as toxic as it is now. The world would then change into something good, better, and best. Let’s work hand in hand to change the world and make it a better place for you and for me.
7  Economy / Economics / Re: Being a Smart Person or Strategic on: March 08, 2018, 12:51:53 AM
Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?

For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
I agree. Being smart and being strategic should somehow go together. Be a master of both things. What's the use of being smart if you don't know how to handle things right? What's the use of being strategic if you're not smart enough to think of the right strategy to be used in your current situation? I mean, both things can be done independently but it would be better to have both of them together. Only then, you'll realize that you're becoming a great person that you can be.
8  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: March 07, 2018, 11:16:40 AM
I spend my money from bitcoin to make some small business and the family needs everyday, sometimes im the one who pay the tuition of my brother if my parents are lack of money and 30% of my income in bitcoin im saving it into bank for my future.

Good way to spend Bitcoin, i also spend some of my Bitcoin for the needs of my family especially if my kids are sick that is the only time i cashout some of my Bitcoin. The rest i just keep them in my wallet to grow if the price increase and some are use in buying new tokens that are cheap to sell in the future.

It’s good to hear thoughts from people with the same answer as mine. My paycheck would be used for my usual expenses while the money that I shall earn from bitcoin will serve as my initial capital investment for a business in my mind. I shall help provide my family’s needs through it. For any excess, I shall keep it for future use.
9  Other / Politics & Society / Re: what is the definition of success? on: March 04, 2018, 09:20:54 AM

being rich? have a good relationship? become a company boss? successful completion of high education?? or there' another definition of success? tell me about you opinion.
Success is something that makes you happy. What’s the use of having a lot of money, good relationship, being a company boss, successful education if you made too many enemies? Success isn’t measured by the material things that you possess but the fulfilment, contentment and happiness in your heart.
10  Economy / Economics / Re: Best tip on saving money on: March 01, 2018, 12:57:15 PM
Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.

my tip is trying to save money even for just a little amount, if I can make big money, then I will save half of the total amount and not use that money to spend. we have many options for making the money especially if we can do many things from cryptocurrencies so we can make big money. but it depends on how good you save the money and can you manage the money and not just to spend for fun. I think if we can save from a little amount, in the end, we can make our saving become bigger.

A small amount would be a good start. Start saving small money then eventually, unknowingly, you’re money would grow big. Buy obly when you need. It’s also great if you practice and train yourself to save wisely. Remember, income less savings equals expenses, not the other way around which is income less expenses equals savings. With that in mind, you’ll surely make your savings big. Try that formula and I’m sure it will definitely work. That’s how I managed to save. Proven and tested.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!