Personal Financial Goals vs Government expectations!

[ancafe]

So as a result we are paying from 10% to over 50% of our earnings just in the form of taxes in one or another way. So one who really wants to achieve financial independence should find a way to reduce their tax pay legally like how the businessmen do.

It's too much to live in a country of law but we don't comply with taxes and maybe there are some people who see taxes as a step for the government to exploit entrepreneurs. If examined further, taxes function for the sustainability of the state, especially if the state does not have other sources of income from the natural products sector. With taxes, it will slightly help the government's burden in terms of state revenue, although in general it is a bit of a burden on entrepreneurs.

Some entrepreneurs try to switch to a more profitable business with a much lower tax percentage. In this case we have to look according to interests and cannot narrate everything the same. Indeed, taxes are a problem for entrepreneurs, but that is how the government enforces the rules and they will continue to try to find ways in which taxes can provide benefits to the country.

Or like the bald guy says, we need to find a way to exit the Matrix.

I am not in the capacity to refuse or accept, but that is how the country is run and when we don't want to follow then we have to look for a country that is tax friendly.

[Strongkored]

Really! Taxes rise, but wages remain the same. But if there were no taxes, there would be no state. After all, the money you pay is spent on many areas of human life: medicine, the army, road improvement and the construction of municipal institutions. I would like to believe that taxes are spent in full on all these areas. Because the most pressing problem of our time is corruption.

Don't forget that taxes are also used to pay the salaries of civil servants who often work below standard and work without pressure compared to the pressure faced by private employees because private employees will always work according to the targets set by the company, and private employees pay taxes, that's the cycle and it is quite ironic indeed and there is nothing that can be done other than accepting and hoping that the government uses the tax money fully for the welfare of society and corruption is not something that can be avoided in a country with low law enforcement. However, taxes should not make us give up hope of achieving the financial goals we hope for, so that when we have to pay taxes it no longer makes us annoyed.

[South Park]

Really! Taxes rise, but wages remain the same. But if there were no taxes, there would be no state. After all, the money you pay is spent on many areas of human life: medicine, the army, road improvement and the construction of municipal institutions. I would like to believe that taxes are spent in full on all these areas. Because the most pressing problem of our time is corruption.

Don't forget that taxes are also used to pay the salaries of civil servants who often work below standard and work without pressure compared to the pressure faced by private employees because private employees will always work according to the targets set by the company, and private employees pay taxes, that's the cycle and it is quite ironic indeed and there is nothing that can be done other than accepting and hoping that the government uses the tax money fully for the welfare of society and corruption is not something that can be avoided in a country with low law enforcement. However, taxes should not make us give up hope of achieving the financial goals we hope for, so that when we have to pay taxes it no longer makes us annoyed.

While most people are not happy paying taxes as this means less money for themselves, they understand that they need to do it in order to keep society running, however what really infuriates people up is that on many countries that money is not used for its stated purpose, and politicians use it to enrich themselves or advance their personal agendas, this is what causes a lot of people to be against paying taxes as they receive almost nothing in return.

[boty]

While most people are not happy paying taxes as this means less money for themselves, they understand that they need to do it in order to keep society running, however what really infuriates people up is that on many countries that money is not used for its stated purpose, and politicians use it to enrich themselves or advance their personal agendas, this is what causes a lot of people to be against paying taxes as they receive almost nothing in return.

Everyone will of course be angry when the taxes they pay are not managed well by the government, because they have restrained themselves from spending money to pay taxes but the government does not use them well and they only think about their group, of course this will be very difficult to eliminate. if you have a government system like that, you are right, it is true that some people avoid taxes, as you said, but even those who have power still avoid exposure, of course this is very bad, they only enjoy government facilities, but they themselves still avoid it of course this is very bad.

[wiss19]

The middle class does not have the ability to hide and escape like the rich. Even if the country is full of corruption they have to pay taxes to the government within their limits. Rich people who evade income tax don't show it even if they have money in the bank And for this a class of officers of Bank and NBR help them in exchange of benefits and they keep a part of their income outside the banking channel and smuggle it out of the country.

Middle class is getting lower and lower in number. What we used to consider middle class was the family that had one father working, mother taking care of the house and the kids, kids going to school without debt, they had one house, one car they changed every 5 to 10 years, and one vacation every summer. Nowadays what we consider as middle class are the people who have debt lower than 3 months worth of salary, that is true if you have debt lower than your 3 month salary then you are a middle class.

Most have no homes, barely a car that runs, school debt even in your 40's, and many more trouble as well. This means that as long as we keep this trend going, we are going to have middle class at "if you have a job then you are a middle class" level eventually.

[doomloop]

The middle class does not have the ability to hide and escape like the rich. Even if the country is full of corruption they have to pay taxes to the government within their limits. Rich people who evade income tax don't show it even if they have money in the bank And for this a class of officers of Bank and NBR help them in exchange of benefits and they keep a part of their income outside the banking channel and smuggle it out of the country.

Middle class is getting lower and lower in number. What we used to consider middle class was the family that had one father working, mother taking care of the house and the kids, kids going to school without debt, they had one house, one car they changed every 5 to 10 years, and one vacation every summer. Nowadays what we consider as middle class are the people who have debt lower than 3 months worth of salary, that is true if you have debt lower than your 3 month salary then you are a middle class.

Most have no homes, barely a car that runs, school debt even in your 40's, and many more trouble as well. This means that as long as we keep this trend going, we are going to have middle class at "if you have a job then you are a middle class" level eventually.

No, not getting lower in number but getting higher in number actually according to their new definition because it's easy to have a debt and other negative things that you mentioned there. I still think that this is not totally their fault but it can also be because of the recession, etc... , most especially inflation and its continuously increasing rates.

Sorry to say this but I think the governments, banks, and the likes, can also be the reason on why it happens. Having a job is already one of the qualifications for being a middle class. Maybe you can instead say that having no job will soon still be considered as it. They (lower class, middle class, and so on...) are mainly just a term anyway, and I think there is no real big deal on them whichever or whatever you define them.

[Mahanton]

The middle class does not have the ability to hide and escape like the rich. Even if the country is full of corruption they have to pay taxes to the government within their limits. Rich people who evade income tax don't show it even if they have money in the bank And for this a class of officers of Bank and NBR help them in exchange of benefits and they keep a part of their income outside the banking channel and smuggle it out of the country.

Middle class is getting lower and lower in number. What we used to consider middle class was the family that had one father working, mother taking care of the house and the kids, kids going to school without debt, they had one house, one car they changed every 5 to 10 years, and one vacation every summer. Nowadays what we consider as middle class are the people who have debt lower than 3 months worth of salary, that is true if you have debt lower than your 3 month salary then you are a middle class.

Most have no homes, barely a car that runs, school debt even in your 40's, and many more trouble as well. This means that as long as we keep this trend going, we are going to have middle class at "if you have a job then you are a middle class" level eventually.

If you wont do something about it then you would really be definitely be that ending up on having that eternal condition on which you would be sitting on that middle class. This is why if you dont properly plan your finances and other possible investment or business then you would really be ending up on that way. There are people who are really that not that contented on what they do have specially if they've seen that they are really that living in a life on which they are really that only just that enough providing their daily needs. Sitting on the middle class which of course having that own car and having that lower debts in compared with a couple of salary but as much as possible we should really be that doing our very best on having that less or to none debt or simply being debt free.

Talking or speaking about that government decisions or handling or whatever laws or things that they've been integrating then it would really be just that a normal part. It is really just that there are really things in life
on which its something that cant really be handled or something that could be controlled specially inflation on which this had been always the main culprit on why purchasing power becomes lesser year by year but of course if government would really be finding at least some patch up solutions on which it could cause something about that balance but well not everything could really be that be fixed and there's nothing we can do about it
and instead looking or expecting something from government actions, then why not letting or making yourself that act on which you do see that could benefit you out?

[dezoel]

Honestly having that type of mindset will not make things easier. If we keep thinking about what we want and what are the obstacles on our path then we are not going to keep getting better. Imagine all the big companies in the world, if you asked them what would be the obstacles on their way, they could have listed you a seven thousand page long list, but they did it anyway and tried their best, a lot of companies failed and bankrupted, but some of them became as big as facebook and tesla etc etc.

This is why I believe that we should not look into what could be an issue when we are dealing with this, just realize that we are doing a good job with what we have, and there shouldn't be really any trouble at all regarding this issue.

[shield132]

Have you ever thought about this, what we are trying to achieve in our personal financial life is completely diverge from what the government expects their citizens to do.

We as Individuals always thrive to achieve financial independence in our lives especially someone who is from the average middle person but what the government expects from the middle class is different and is kind of surprising when we give deep thought about it, The Government highly relies on the middle-class tax payers for the money and most of the taxes collected in the form of indirect taxes so that people may not actually aware that they are paying taxes for everything from their salary, fuel, medicine, anything everything has taxes that eat most our earnings.

So as a result we are paying from 10% to over 50% of our earnings just in the form of taxes in one or another way. So one who really wants to achieve financial independence should find a way to reduce their tax pay legally like how the businessmen do.

Or like the bald guy says, we need to find a way to exit the Matrix.

Financial independence is having the life you want without being dependent on your job. I live in a developing country where the majority of people don't pay taxes and I mean people who rent houses don't pay taxes, people who are self-employed don't pay taxes and people get a different official salary but get different amounts of cash on hand. My country looks like a tax haven for regular citizens but it doesn't mean that people are financially independent. The government knows the situation and they don't expect people to pay taxes but they use different mechanisms, for example, administrative penalties are very costly compared to salaries and that's how the government budget gets filled.
 

[South Park]

Middle class is getting lower and lower in number. What we used to consider middle class was the family that had one father working, mother taking care of the house and the kids, kids going to school without debt, they had one house, one car they changed every 5 to 10 years, and one vacation every summer. Nowadays what we consider as middle class are the people who have debt lower than 3 months worth of salary, that is true if you have debt lower than your 3 month salary then you are a middle class.

Most have no homes, barely a car that runs, school debt even in your 40's, and many more trouble as well. This means that as long as we keep this trend going, we are going to have middle class at "if you have a job then you are a middle class" level eventually.

It is not really a mystery why this is happening, at least on the US the salaries have remained stagnant since the seventies, and it is likely things are worse on many other countries around the world, so governments in an attempt to hide the truth, have redefined what it means to be middle class, if they did not do this then people will realize that there is very few people that are actually middle class now, but while they can redefine terms as they like, this does not change the underlying reality and it is causing many governments to get into massive debt, as the taxes they got out of the middle class are also not what they used to be.

[eightdots]

Middle class is getting lower and lower in number. What we used to consider middle class was the family that had one father working, mother taking care of the house and the kids, kids going to school without debt, they had one house, one car they changed every 5 to 10 years, and one vacation every summer. Nowadays what we consider as middle class are the people who have debt lower than 3 months worth of salary, that is true if you have debt lower than your 3 month salary then you are a middle class.

Most have no homes, barely a car that runs, school debt even in your 40's, and many more trouble as well. This means that as long as we keep this trend going, we are going to have middle class at "if you have a job then you are a middle class" level eventually.

It is not really a mystery why this is happening, at least on the US the salaries have remained stagnant since the seventies, and it is likely things are worse on many other countries around the world, so governments in an attempt to hide the truth, have redefined what it means to be middle class, if they did not do this then people will realize that there is very few people that are actually middle class now, but while they can redefine terms as they like, this does not change the underlying reality and it is causing many governments to get into massive debt, as the taxes they got out of the middle class are also not what they used to be.

The definition of middle class may vary from country to country, but in many countries it has a definition like you said. As a result of poor economic management, the middle class disappears and classes are determined as very rich and poor.

As living conditions became difficult, the middle class lost its economic power. The rich got richer and the class gap widened. This situation affects society negatively. Increasing the difference between classes means that there is injustice in the distribution of resources.

[N.O]

The middle class does not have the ability to hide and escape like the rich. Even if the country is full of corruption they have to pay taxes to the government within their limits. Rich people who evade income tax don't show it even if they have money in the bank And for this a class of officers of Bank and NBR help them in exchange of benefits and they keep a part of their income outside the banking channel and smuggle it out of the country.

Middle class is getting lower and lower in number. What we used to consider middle class was the family that had one father working, mother taking care of the house and the kids, kids going to school without debt, they had one house, one car they changed every 5 to 10 years, and one vacation every summer. Nowadays what we consider as middle class are the people who have debt lower than 3 months worth of salary, that is true if you have debt lower than your 3 month salary then you are a middle class.

Most have no homes, barely a car that runs, school debt even in your 40's, and many more trouble as well. This means that as long as we keep this trend going, we are going to have middle class at "if you have a job then you are a middle class" level eventually.

If you wont do something about it then you would really be definitely be that ending up on having that eternal condition on which you would be sitting on that middle class. This is why if you dont properly plan your finances and other possible investment or business then you would really be ending up on that way. There are people who are really that not that contented on what they do have specially if they've seen that they are really that living in a life on which they are really that only just that enough providing their daily needs. Sitting on the middle class which of course having that own car and having that lower debts in compared with a couple of salary but as much as possible we should really be that doing our very best on having that less or to none debt or simply being debt free.

Talking or speaking about that government decisions or handling or whatever laws or things that they've been integrating then it would really be just that a normal part. It is really just that there are really things in life
on which its something that cant really be handled or something that could be controlled specially inflation on which this had been always the main culprit on why purchasing power becomes lesser year by year but of course if government would really be finding at least some patch up solutions on which it could cause something about that balance but well not everything could really be that be fixed and there's nothing we can do about it
and instead looking or expecting something from government actions, then why not letting or making yourself that act on which you do see that could benefit you out?

Personal goals are most important than to think about the government to solve all the problems. Government can't solve all the financial problems of us and we should struggle at the teenage to solve all the financial problems. We should work hard if we  belongs  to poor family or  middle class family.  We can develop skills and can work online and we can provide service to the business owner . I this way ,we will be rich and successful in future.Being rich is not easy for the poor person but it is also not a rocket science. With knowledge of finance,every person can become rich and he can enjoy all luxuries of life.

[tygeade]

Have you ever thought about this, what we are trying to achieve in our personal financial life is completely diverge from what the government expects their citizens to do.

We as Individuals always thrive to achieve financial independence in our lives especially someone who is from the average middle person but what the government expects from the middle class is different and is kind of surprising when we give deep thought about it, The Government highly relies on the middle-class tax payers for the money and most of the taxes collected in the form of indirect taxes so that people may not actually aware that they are paying taxes for everything from their salary, fuel, medicine, anything everything has taxes that eat most our earnings.

Basically when the governments mismanage a nation, it's easy to say that people are getting poorer because we are talking about a very bad period for world economy. Sure the rich could keep getting richer because they have a working system in their hands and they just keep making more and more that way, but people who are salary workers do not get anything higher, you just don't make enough money at all and I feel like we are going to end up with nothing in the end.

We should realize that we are going to have some trouble unless we are careful because governments do not look like they are going to get any better so the economy could keep on getting worse as well. It is better to just avoid all of this and find a way for yourself and figure out a way to save yourself.

[Findingnemo]

Honestly having that type of mindset will not make things easier. If we keep thinking about what we want and what are the obstacles on our path then we are not going to keep getting better. Imagine all the big companies in the world, if you asked them what would be the obstacles on their way, they could have listed you a seven thousand page long list, but they did it anyway and tried their best, a lot of companies failed and bankrupted, but some of them became as big as facebook and tesla etc etc.

This is why I believe that we should not look into what could be an issue when we are dealing with this, just realize that we are doing a good job with what we have, and there shouldn't be really any trouble at all regarding this issue.

You should know the obstacles in your way or you will be ambushed but if you prepared to face the obstacle then it would be much easier for you to tackle them than being completely clueless of what is happening and how to face it and I am sure every successful company work through every obstacle instead of trying to avoid it but anyway it is irrelevant since we are talking about individual's goal not the the success behind companies.

[erep]

The definition of middle class may vary from country to country, but in many countries it has a definition like you said. As a result of poor economic management, the middle class disappears and classes are determined as very rich and poor.

As living conditions became difficult, the middle class lost its economic power. The rich got richer and the class gap widened. This situation affects society negatively. Increasing the difference between classes means that there is injustice in the distribution of resources.

Do you think differently about this, they could deliberately eliminate the middle economic class for the purpose of becoming 2 different groups namely the rich and poor class, this is for the purpose of increasing tax revenues because some of the middle economic class are included in the rich class with the rules that have been updated with the same percentage amount that must be paid in tax.

[Bitstar_coin]

Do the government actually expect something from you other than being a good citizen paying tax and don't create problems that will be consider national treat? I doubt any government of any country have any expectations from their citizens. They are more concern about generating revenue internal and external.
Only your parents expect you to be successful, government only care about controlling you and your finance. 

[MissNonFall9]

The middle class does not have the ability to hide and escape like the rich. Even if the country is full of corruption they have to pay taxes to the government within their limits. Rich people who evade income tax don't show it even if they have money in the bank And for this a class of officers of Bank and NBR help them in exchange of benefits and they keep a part of their income outside the banking channel and smuggle it out of the country.

Middle class is getting lower and lower in number. What we used to consider middle class was the family that had one father working, mother taking care of the house and the kids, kids going to school without debt, they had one house, one car they changed every 5 to 10 years, and one vacation every summer. Nowadays what we consider as middle class are the people who have debt lower than 3 months worth of salary, that is true if you have debt lower than your 3 month salary then you are a middle class.

Most have no homes, barely a car that runs, school debt even in your 40's, and many more trouble as well. This means that as long as we keep this trend going, we are going to have middle class at "if you have a job then you are a middle class" level eventually.

If you wont do something about it then you would really be definitely be that ending up on having that eternal condition on which you would be sitting on that middle class. This is why if you dont properly plan your finances and other possible investment or business then you would really be ending up on that way. There are people who are really that not that contented on what they do have specially if they've seen that they are really that living in a life on which they are really that only just that enough providing their daily needs. Sitting on the middle class which of course having that own car and having that lower debts in compared with a couple of salary but as much as possible we should really be that doing our very best on having that less or to none debt or simply being debt free.

Talking or speaking about that government decisions or handling or whatever laws or things that they've been integrating then it would really be just that a normal part. It is really just that there are really things in life
on which its something that cant really be handled or something that could be controlled specially inflation on which this had been always the main culprit on why purchasing power becomes lesser year by year but of course if government would really be finding at least some patch up solutions on which it could cause something about that balance but well not everything could really be that be fixed and there's nothing we can do about it
and instead looking or expecting something from government actions, then why not letting or making yourself that act on which you do see that could benefit you out?

Personal goals are most important than to think about the government to solve all the problems. Government can't solve all the financial problems of us and we should struggle at the teenage to solve all the financial problems. We should work hard if we  belongs  to poor family or  middle class family.  We can develop skills and can work online and we can provide service to the business owner . I this way ,we will be rich and successful in future.Being rich is not easy for the poor person but it is also not a rocket science. With knowledge of finance,every person can become rich and he can enjoy all luxuries of life.

Look it is reality that the government cannot solve all our problems but the government can create various opportunities for our economic development. But without personal effort and initiative our overall economic development is never possible. In a competitive environment the faster and earlier who participates in the development race the faster he will be at the top of success. So a family must be given theoretical and practical education on how to participate in economic development.

[Lantind]

The definition of middle class may vary from country to country, but in many countries it has a definition like you said. As a result of poor economic management, the middle class disappears and classes are determined as very rich and poor.

As living conditions became difficult, the middle class lost its economic power. The rich got richer and the class gap widened. This situation affects society negatively. Increasing the difference between classes means that there is injustice in the distribution of resources.

Do you think differently about this, they could deliberately eliminate the middle economic class for the purpose of becoming 2 different groups namely the rich and poor class, this is for the purpose of increasing tax revenues because some of the middle economic class are included in the rich class with the rules that have been updated with the same percentage amount that must be paid in tax.

If the government really thinks about things like what you mentioned, I think it will look good, because if all the taxes that people pay are different between the poor and rich classes, of course this will make the poor people continue to pay their taxes because they are in small amounts and for those who Those who have a lot of wealth will certainly have to pay more taxes because the wealth they have will be able to pay the taxes imposed on them by the state.

[Findingnemo]

Do the government actually expect something from you other than being a good citizen paying tax and don't create problems that will be consider national treat? I doubt any government of any country have any expectations from their citizens. They are more concern about generating revenue internal and external.
Only your parents expect you to be successful, government only care about controlling you and your finance. 

What is the meaning of being a good citizen and tax payer?

Have you ever wondered why we always have been told to study hard, find a job, work hard, pay taxes, and retire at 60?

If you become successful as getting job then you are generating revenue for your government in the form of tax explicitly and also you are contributing to the betterment of their economy in some way. So don't you ever think why always get a good job?

[Dailyscript]

Really! Taxes rise, but wages remain the same. But if there were no taxes, there would be no state. After all, the money you pay is spent on many areas of human life: medicine, the army, road improvement and the construction of municipal institutions. I would like to believe that taxes are spent in full on all these areas. Because the most pressing problem of our time is corruption.

Don't forget that taxes are also used to pay the salaries of civil servants who often work below standard and work without pressure compared to the pressure faced by private employees because private employees will always work according to the targets set by the company, and private employees pay taxes, that's the cycle and it is quite ironic indeed and there is nothing that can be done other than accepting and hoping that the government uses the tax money fully for the welfare of society and corruption is not something that can be avoided in a country with low law enforcement. However, taxes should not make us give up hope of achieving the financial goals we hope for, so that when we have to pay taxes it no longer makes us annoyed.

If we see the good things the government is using the taxes for the growth of the individual state and the country in general. No one will complain about paying taxes. Instead, there will be people willing to give more to the government so that more good can be done. On the other side, the government are using the taxes for their benefit. Meanwhile, the masses are suffering from the consequences of their actions.

I don't see anyway axes will be a problem in achieving financial goals. The taxes are not equivalent to the amount of our income so it shouldn't be something that will be much of a hindrance. However for those with more responsibilities and those living in countries where the taxes are so high then it becomes a problem.