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Author Topic: The world's logic favours income makers, not the savers  (Read 857 times)
TheUltraElite
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February 12, 2024, 04:31:52 PM
 #101

It's true, sometimes I personally feel very sick of paying taxes, but there is no progress obtained from taxpayers, who knows where the tax funds are allocated, good government and tax-abiding citizens in the country there will be no serious poverty
Tax are supposed to be used in a development of the country among other things that the government pays for. Unfortunately in many states of this world, the money is used to do things that the political parties controlling the government at that stage find useful for their future elections and own greed.

However you dont have any option to not pay the tax. If you try to evade through crypto you will eventually get caught, no point sulking over taxation. It is like a necessary evil at this stage.

Saving money has its importance too, even though the OP seems against it. Emergency funds and savings make a difference in the long term even if inflation is going on. Risky assets have their own place and each of theses are to be kept separately.

R


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