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Author Topic: Reason we pay taxes and why we should  (Read 3610 times)
Vineeta2october
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July 19, 2018, 04:14:15 PM
 #661

Think of taxes as your donation toward the public good. Taxes pay for public services such as roads, garbage collection, sewer systems, police and fire service, traffic signals, flood control, etc. that are shared by others in your community, your state and the country in which you live. Without taxes there would be no government, no laws, no services of any kind unless everyone pitched in and volunteered or everyone would be paying independently for private services so, for example, only the rich could afford a fire department or have drinkable water pumped to their home.
Now, we can certainly argue over whether or not taxes are fair and just for you and others in your community or country. But, that's a completely different discussion.
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cryptoguy1234
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July 19, 2018, 05:16:50 PM
 #662

Whatever we say about a corrupt and dishonest government, taxes will have to be paid off, otherwise, if we do not do this, it will be even worse. All that will require funding from the budget, will decline. Over time, it will simply become a disaster. Therefore, in order to avoid this, we need to pay taxes, including for dealing with crypto currency. If officials establish that the population shies away from paying taxes on profits that gives them a crypto currency, they will have an excuse for introducing various repressive measures in relation to the crypto currency and their users.
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July 19, 2018, 05:19:46 PM
 #663

We need to pay tax,but taxation is theft. In Third World countries, there are massive  corruption. The reasons or the purpose of which tax is meant for is subvated. And building of public school, roads, hospital, payment of salary etc can as well  be done with out taxation.
You're right i am agree with your posts paying tax can helps is to develop our country more we pay taxes more our economy improves but unfortunately crypto currencies are start interfering.

If you want to make progress it is important that nation develop so that you can get the best facilities for you and your loved ones. For that you will have to pay taxes and this will help the government to develop the infrastructure and other facilities.

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HasithaM
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July 19, 2018, 05:21:00 PM
 #664

The primary motivation behind why we should pay our duties. It in light of the fact that duties have enormous standards in a nation particularly on a financial matters. Duties make some building like doctor's facility and school. Expenses likewise payed there employee like instructor and warriors. That is they said in the event that you pay your charges you encourage your self. Since every one of the things originate from charges is just for us and for better future
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July 19, 2018, 05:41:36 PM
 #665

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.

It is reasonable if your assets is in fiat money but if it is on bitcoin then it has no reason to get tax to it. Another way to get tax on bitcoin is when someone convert it to fiat and that is the only time it would get taxed and nothing else. If the payment method is bitcoin and other cryptocurrencies then the word tax is out of the line. The government doesn't own cryptocurrencies so they have no right to tax it but those things mentioned above are the services the government gives us and that is only when to pay tax for but in the fiat that they produced.
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July 19, 2018, 05:50:08 PM
 #666

Taxes serves as a source of revenue for the government which help the government to undertake developmental projects such as road construction, providing health facilities, potable water and even payment of government workers. I believe it’s therefore good for us to pay our taxes.
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July 19, 2018, 06:04:18 PM
 #667

Duty resembles a fuel for the administration which influences the legislature to run. Without impose, a few governments can't and are not ready to back their deficiency especially barrier spending plan. Building schools, parks and framework is likewise something else that is typically financed by charges. In any case, in the event that we take a gander at nations like Dubai, where we don't have business charges, the legislature just makes due on the deals imposes and has secured a long separation of achievement. Government can apply and actualize any sort of methodology for the great result of its kin.
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July 22, 2018, 06:20:51 PM
 #668

The money you pay in taxes goes to many places. In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters.

Tax money helps to ensure the roads you travel on are safe and well-maintained. Taxes fund public libraries and parks. Taxes are also used to fund many types of government programs that help the poor and less fortunate, as well as many schools!
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July 22, 2018, 07:32:18 PM
 #669

Actually government do a great work for its citizens, mass-media is always over-blaming governments... we should pay taxes if we want to live in a good society.

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July 22, 2018, 09:34:36 PM
 #670

As far as I know I didn't sign anything agreeing to any of this BS I live with on a daily basis.  I didn't ask for these laws and societal rules.  It makes me sick watching all the fools gladly sign up for KYC giving up their identity.  We are surrounded by drones who do as they are told which unfortunately makes the minority stick out to such a degree we must lurk in the shadows.
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July 22, 2018, 09:58:55 PM
 #671

What happens if you are in a third world country and there is massive corruption? You pay taxes and there are no roads, schools, or any essential public utilities. What you do see is the politicians and their cronies getting richer. Would you still argue that everybody should continue paying taxes?
Infrastructure are develop using the tax of the people unfortunately most of the government official, make this an excuse for them to corrupt. We should continue our tax because it is our obligation to the sovereign state and it is a must for a certain person to pay his taxes because there will no development if there is no tax. What we should do is to eliminate the corrupt officials because they disrupt the potential of the country to have progress and prosperity.

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July 22, 2018, 10:49:22 PM
 #672

We have to pay taxes but it mustn't be a reason of feeding goverment.
There are reasons in reality:
1. Health care - yeah, this must be free. Sometimes we don't need meds but others need and they don't have money, our health and productivity is important to keep good economic in country.
2. Goverment security - it's sad but there always exists chance of war, in a world of piece we wouldn't have need of soldiers (it takes a lot of money from budget, especially in USA). But in our reality we need security...
3. Education - it's the best investment anyone can make in life but I would not make them free for everyone. It must be free only for them who wants to study (marks are indicator of it).
4. Pension - not everyone have children, so some people need money to live on their own even when they get old.
There are still a lot of reasons and I also included why not to pay in this post where I talk about education and military.

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July 22, 2018, 11:06:15 PM
 #673

There's a lot of reason why we should and pay taxes but the main purpose why we need to pay taxes it's because this is for our own good and to improve our economy system. This is our obligation to develop our country that's why we really need to pay taxes.

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July 23, 2018, 12:43:40 AM
 #674

Well I think the reason why we pay taxes and why we should is because taxes will be spend in the construction of institutions like schools, government building, business institution and so much more. It is even spent in the fixing of destroyed road and destroyed buildings. Taxes may be spend also in charity funds, building houses for poor peoplr and many more. We pay taxes because it will help develop our country. So if you want a better country for you to stay, you should pay taxes.

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July 23, 2018, 01:18:34 AM
 #675

Income tax is very important for every citizen, other than as development fund of the region, income tax also if someone cheat while paying taxes, then he will be punished by legal action. In crypto currency, most people do not pay taxes and even many governments do not have proper taxes on their taxes. the use of which is why the government is trying to ban the use because if it continues for a while it will cause an economic disaster in the country.
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July 23, 2018, 06:30:39 AM
 #676

Each and everyone in a country who is within some age range is entitled to make payment of taxes every now and then. These taxes paid are used to make renovations pf government properties, pay workers and staffs in government work and others.
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July 23, 2018, 09:50:41 AM
 #677

Taxes are a tribute to the social community. Redistribution between those who work and those who can not work, for various reasons. There are commercial spheres, but there are socially significant ones. Taxes are an integral part of society.
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July 23, 2018, 10:18:37 AM
 #678

Our responsibility is to pay taxes so that the country can develop and we will be together with it. Therefore, it is a good tax, but you need to be able to pay taxes as much as you want.
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July 23, 2018, 10:39:20 AM
 #679

Tax gets misused many times like funding NASA "planet mars mission". There are more meteorite hits on Mars than on Earth but they are spending tax payers multi-million dollars on Mars missions.

Funny things like this makes someone thinks that the leaders are just spending the money as they seem it fit whether its impacting directly to the citizens or not. I wonder the amount of funds that would that would have been expended in the research and finding of energy in another planet that we all know we are not going whether now or in the future.

However, to say all of the money used for all of this is only from taxes would be wrong. Government generate money from other sources through import and export sources. For countries that have advantages in certain commercial products tend to sell abroad for huge amount of money while those with the right amount of population tend to be import dependent and generate money on that. Tax is really not optional and by definition, its not commensurate to what you see as some expenditure would bring direct effect whereas others would bring indirect and long term benefits.
Yeah, I still don't get of others point saying that our taxes are being corrupted by the government officials, like who are they to conclude tho? The sidewalk where you walk, the park you've been stand by for a time, the traffic enforcers who regulate the high ways they are made and all paid by our taxes. Ever wonder why few countries has a astronomical facility? because the taxes that citizens paid is large enough to have that kind of thing.

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July 23, 2018, 01:27:14 PM
 #680

I am glad people bringing up this important issue here
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