Moreno233
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June 11, 2024, 04:22:48 PM |
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I will not agree with you on this because it is not every government but some governments. You cannot use because of some governments to conclude because I know of governments that created so many billionaires through their policy. A good example is the Chinese government. If you think that government does not help citizens become rich, read the article [1] that explains how the Chinese government created many rich people even more than the U.S. How will a government even tax poor citizens? It is when the people are generating income that government will be able to tax them. Check every government generating high income through taxes, it means their economy is working and citizens engaged in gainful employment. There are actually some governments that tax their citizens to death even when they have not do much to better their lots. You can see such governments mostly in Africa where the citizens are left to their fate because of sharp disconnect between the government and the citizens. We cannot use these few cases to generalize. [1] https://www.nbcnews.com/news/world/china-created-more-billionaires-u-s-now-it-cracking-down-n1278438
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Baki202
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June 11, 2024, 05:11:23 PM |
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I mean they are taxing basically everything, aside from the oxygen you are breathing (I wouldn't be shocked to learn even that's taxed in some nations), but they are not helpful when you want to get rich, that's the issue. Governments love rich people, but they people who are not rich or trying to be rich.
So, you either inherit a lot of wealth, or you just happen to get lucky very quickly with their own system. Look at people like roaring kitty, that dude turned 50k into 500 million at some point (much less now), you think anyone can repeat that? Of course not, that was a one time thing in history, probably fixed by now, so believe me when I say this, if you start poor, then government will do their very best to keep you there.
Anywhere the government will not be making money they won’t get their self involved and that is one of the reasons they don’t want to get their self to much involved with bitcoin and even at that in some countries you will still pay tax in every transaction you make in bitcoin. And like you said they would have been asking us to even pay for the intake of oxygen, they keep making their citizens pay money with us benefiting from the tax we are paying because most of the things we make use if we still pay for it we still pay for hospital and even other extra bills to survive what is now the benefits of government collecting tax they just collect people’s money and spend it on things that are not important that is the government for you. Government love rich and business people because they can heavily tax them for those establishments. One of the sweetest thing is to inherit money because it will be a continuous things not as if you start thinking of were to even start from. The question is do people still get lucky because the way things are going it’s as if luck is no longer on our side except if you gamble and you win money. 50k into 500 million that will be witchcraft bro because still wondering how that is possible. Government are good in suffering people so they don’t want us to get rich but it’s all in a matter of time.
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Chilwell
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June 11, 2024, 06:47:26 PM |
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Most governments function in this manner thanks to the human greed factor which is something that will most probably never change in my honest opinion. They tax the hell out of earning people in order to survive.
Very few governments don't unfairly tax everyone though, but they make sacrifices in some other places. This is reality sadly.
Nobody cares for anybody. Anybody who will pretend to care for you, even if he or she does, he or she is doing it for some reasons known or unknown to you. Except one's mother in most cases. Every other person 's care has limits. Being it Your brother, sister, uncle, aunty, nephew, nieces and friends. Let alone government that doesn't even know you let talk of knowing your condition. And if you are talking about caring for the entire citizens, greediness, selfishness, wickedness and lack of sympathy will not allow the government to care about their people. Government that are so greedy to the extent of not being able to pay even their citizens salaries anymore? Government that are so selfish to the level of looking for a possible way of making the condition of their citizens worse than the one they are? Government that is focusing on empowering their own children and wives? They only know how to loot public funds. For example, my country Nigeria, things are getting worst everyday. our current president i don't even know what to say about him. is he confused or he is just deceiving us? Or he is just been wicked to the citizens? Imagine this man spending billions of Nigeria's currency on useless anthem while students are on strike, workers are on strike due to economic hardship, lack of the payment of outstanding salaries, lack of good roads and other infrastructural mismanagement. The most painful aspect of it, is that, since the coming of this government, the first things he introduced were removal of fuel subsidy, unification of foreign exchange and increments of tax leveled on companies and industries which all made the condition of the citizens difficult. And as at the time of my writing the government has not done anything about it. God is our savior.
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South Park
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June 11, 2024, 07:51:35 PM |
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My question.... If the government could find utilizations on the citizens for taxations on generating funds for infrastructures and other government services , why don't they invest on the citizens or support those with the potentials to productiveness knowing quite well that once they makes success, they would be demanded to also contributed to the growing structures of the economy? What the government knows is that if a successful individual refuses to comply with the government order, they will get you frustrated tending to fold your productiveness qualities or you go to jail.
This is very simple, such decisions will require a long term thinking that is rarely found on a democratic system, politicians care about getting elected and remain in power, if they were to enact policies which could take effect 20 years down the line, then their political opponents could benefit out of it while doing nothing to deserve it, so in their minds those kind of actions and plans are heavily discouraged, and instead prefer to take short term actions that can be attributed to them in the case they happen to work.
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Richbased
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June 11, 2024, 08:37:52 PM |
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So, why don't they tax the poor who barely struggle to eat?:Simply because they found those set of citizens useless and the prison will be occupied if charge them for not paying taxes since there are more Poor people than the rich in the society.
Everybody pays tax, or better put, everybody should pay tax, it doesn't matter if you're poor or rich, as far as you earn an income and have assets you should pay tax. Tax is just usually higher for higher income earner in most countries. The problem is government officials and politicians are too greedy enriching themselves than building better places for it's citizens, especially in developing countries where there is no proper system. So if you live in that type of country you have to realize that you're in your own. People in developed countries with a working system don't have it easy but it's worse in a place without a system. As much as countries are filled with corrupt systems, you still have to obey the laws or you'll be punished, so you have to pay your taxes. Of a truth every one is required to pay taxes to government if only the system was to be transparent such that the dividends of the taxes the masses are paying are visible to them but however, except a poor man has a source of income they should not be taxed. The poor ones in the society are trying to survive so they don't deserve pressure to pay taxes because had it been the so called government were to make good use of the revenue being generated by people who pays their taxes it would have had significant results in reducing the rate of unemployed youths on the streets but it is just so sad that after collecting this taxes, they don't care to bring forth projects that will employ higher numbers manpower to deliver them by so doing everyone will even persuade others to pay taxes and people would gladly pay without delay. Instead of the government to use this income that is generated for infrastructural development and other projects, they often share the money among the themselves and enrich their businesses while the masses are there suffering yet they are still paying taxes.
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kryptqnick
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June 12, 2024, 07:06:31 AM |
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How much the state taxes the citizens and how much they get in return depends strongly on a country. In my country, people have been losing their purchasing power for over a decade, but there is a strong objective reason for it: a much bigger country waging a war against us. Then there's corruption, which is a big issue. But I think we don't have progressive taxes, so people normally pay the same (at least, when it comes to income tax). Also, the tax authorities are very lax, so a huge amount of people don't pay their taxes or pay way less than they're supposed to. As for the social support, we have free basic medical care for everyone, free higher education (highly accessible with around 50% studying for free), and very cheap public transport throughout the nation. Investing in support for citizens is a great idea, and I agree that countries usually don't do enough of that. As for taxing the poor, in my country they are taxed, but overall I think it's very unfair and unproductive. If a person is barely making ends meet, taxes make a huge negative impact on that person's life. In the meantime, this money is almost nothing for the state, as these people have very small salaries anyway and thus the amount they pay in taxes is miniscule (for the state, but not for the poor).
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peter0425
Sr. Member
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June 12, 2024, 07:52:39 AM |
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Then there's corruption, which is a big issue.
lol in my country it is not only a 'big' issue. It is probably the biggest root of all of our problems, it is so bad that even our president has accusations of evading taxes while other politicians are using public funds for their own personal matters. How would our country progress if the taxes that are supposedly should be used for development are being used for other matters? I think I can accept high taxes if the way of living is good, and the government is efficient and productive
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EarnOnVictor
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June 12, 2024, 07:57:06 AM |
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My question.... If the government could find utilizations on the citizens for taxations on generating funds for infrastructures and other government services , why don't they invest on the citizens or support those with the potentials to productiveness knowing quite well that once they makes success, they would be demanded to also contributed to the growing structures of the economy? What the government knows is that if a successful individual refuses to comply with the government order, they will get you frustrated tending to fold your productiveness qualities or you go to jail.
You know what? I thought of this many times in the past, this tax of a thing is selfish at times. Could you believe that till today, I can't say that I have benefited a single cent from the government? This is bad. Not for educational aid, health, or even any social intervention, it has always been struggling here where people have to think beyond the circle to make money as gainful employment that will be sufficient to solve your needs and those of your family are so scarce. Upon all, the government continues to collect tax in various ways, and if I count it correctly, maybe in 4-5 ways for ordinary citizen (excluding employment tax and others). Recently, they still came up with a useless Cybersecurity tax, something that is the sole responsibility of the government to bear. They wanted to tax us 0.5% extra on all electronic transactions in addition to VAT and others, but people fought it fiercely and they had to abandon it. This is to show how cruel and insensitive they are despite their high corruption, negative economic remarks, insecurity, you name it. I thought of this tax issue one day and I thought to establish my company (if God bless me with one) in another country where most benefits will be there rather than in my country. This could sound cruel to you but nothing encourages me to pay my taxes in my country just because there is nothing appreciative I can think about my country if I flashback except pain and regret that I am a citizen.
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Plaguedeath
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June 12, 2024, 08:19:21 AM |
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lol in my country it is not only a 'big' issue. It is probably the biggest root of all of our problems, it is so bad that even our president has accusations of evading taxes while other politicians are using public funds for their own personal matters. How would our country progress if the taxes that are supposedly should be used for development are being used for other matters?
I think I can accept high taxes if the way of living is good, and the government is efficient and productive
Then you should fly to first world countries. For rich people who live in first world country will see your country is the best place to live since they will get many benefit due to corruption culture. But for middle class or poor people who live in third world country will see first world country is the good place to live since you can get paid higher than working in your country and the country is fair with anyone.
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davis196
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June 12, 2024, 11:04:06 AM |
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My question.... If the government could find utilizations on the citizens for taxations on generating funds for infrastructures and other government services , why don't they invest on the citizens or support those with the potentials to productiveness knowing quite well that once they makes success, they would be demanded to also contributed to the growing structures of the economy? What the government knows is that if a successful individual refuses to comply with the government order, they will get you frustrated tending to fold your productiveness qualities or you go to jail.
So, why don't they tax the poor who barely struggle to eat?:Simply because they found those set of citizens useless and the prison will be occupied if charge them for not paying taxes since there are more Poor people than the rich in the society. OP, is it just me or your English is kinda broken. I don't understand everything you are trying to say in this forum thread. The government is paying for your education and healthcare with the tax payers money. The roads and streets you are walking on are built with money coming from the tax payers. Yes, I agree that the rich and more productive people are forced to pay higher taxes, but that's the main concept of the "welfare state". When you have more, you contribute more to the society. I don't think that the poor people are completely useless. They can contribute to the society by doing different kinds of labor, instead of paying taxes(since they have no money). Such labor could be cleaning the streets, for example.
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tsaroz
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June 12, 2024, 01:49:27 PM |
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I do not know about other countries but in my country, politics has compromised the economy growth with equity. As the transition of power evolves, the value of the citizens are depreciated in the eyes of the governments which now optimizes citizens to rely living in fortitude of bravery and accepting challenges so that we don't give it all up hopelessly.
We fight it out by ourselves like there is no government to provide us with some basic amenities and quite better to be called "a daylight robbery or extortion" that once individuals has struggled to make productive differences from the economy slavery chain of the government, you would be will assigned to revenue on taxations.
My question.... If the government could find utilizations on the citizens for taxations on generating funds for infrastructures and other government services , why don't they invest on the citizens or support those with the potentials to productiveness knowing quite well that once they makes success, they would be demanded to also contributed to the growing structures of the economy? What the government knows is that if a successful individual refuses to comply with the government order, they will get you frustrated tending to fold your productiveness qualities or you go to jail.
So, why don't they tax the poor who barely struggle to eat?:Simply because they found those set of citizens useless and the prison will be occupied if charge them for not paying taxes since there are more Poor people than the rich in the society.
The poor too are taxed, the tax is not always in the form of you paying the government. The things you buy and the food you eat are taxed beforehand. There's a high level of corruption in government. Anyone that gets elected to the government are approached by rich business that pays them and their parties a hefty sum to make policies according to their interest. The government don't really tax the ultra rich, they create loopholes for the ultra rich to not pay tax or compensate back the tax they paid on one way or other. The government gets most of its revenues from the middle class and normal workers. And it benefits from not working in favor of them or the lower class. For someone to be rich, there should be poor people willing to work for cheap.
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uswa56
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June 12, 2024, 02:50:11 PM |
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The poor too are taxed, the tax is not always in the form of you paying the government. The things you buy and the food you eat are taxed beforehand. There's a high level of corruption in government. Anyone that gets elected to the government are approached by rich business that pays them and their parties a hefty sum to make policies according to their interest. The government don't really tax the ultra rich, they create loopholes for the ultra rich to not pay tax or compensate back the tax they paid on one way or other. The government gets most of its revenues from the middle class and normal workers. And it benefits from not working in favor of them or the lower class. For someone to be rich, there should be poor people willing to work for cheap.
The taxes imposed by the government on the people are of course indiscriminate, the whole community certainly has to pay taxes if they want to get any goods, in this case it will be very detrimental to the people if they cannot benefit from what they have paid to the government. A government that can be controlled with money really doesn't care about their society and all they think about is a group of people who can benefit themselves and if this continues of course a country will certainly be on the verge of collapse and as you said it is very true indeed. There are some people who have a lot of wealth, they falsify tax documents and do not fully pay taxes, of course this will be very detrimental to the country, but they can hide behind their wealth and they are also close to the authorities at that time. Those who employ other people at wages below the average worker, of course they never think about their workers, they only use these workers to make money for them and we think this is really undesirable and these workers must be willing to do work for cheap pay. because there is no other choice that they can do.
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Maus0728
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June 12, 2024, 03:35:52 PM |
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They care for the people at the very least, the people is the one that's working those jobs and getting those salaries after all, there's no way that you'd want to be doing some kind of dominion over someone when you neglect them totally, pretty sure that you'd make a lot of money if you take at least some care of the people that are working in your country, the more they work then the more that they're going to pay your taxes. They don't have to wait for the individual to get rich just so they can get taxes from them, most of the stuff that we do are already taxed and most countries have a form of lottery in there so that's another way that they can collect money from the people.
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slapper
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June 12, 2024, 04:46:06 PM |
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Taxes stink. Nobody likes to part up their hard-earned money to the government. But life is a shit, and then you die. Taxes are just part of the game. And honestly, the more the government taxes you, the more you're forced to evolve.
Consider it this way: you will need to work harder, smarter, and more creatively if the government is always nagging at your neck. The financial jungle is going to require you to become a fucking predator. And that is not a negative thing. It is an alert. There's fire beneath your ass. Thus, rather than moaning about taxes, turn them into a drive to improve yourself. Recall that the only restrictions you have are those you impose upon yourself. Thus, do not let taxes to stop you. Permit them to advance you.
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Oneandpure
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June 12, 2024, 07:01:33 PM |
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In my opinion, there is no problem if the government emphasizes paying taxes as long as it is transparent and people can enjoy the results of the taxes they pay. This is different from what happens in my country, Indonesia, currently we are required to pay taxes of around 12% and other additional costs and even a 3% deduction from our monthly salary for insurance called TAPERA.
Actually difference cases with my country taxes transaction with the other after paying taxes they can earn easily with medical healthy, free education cost until enjoying public transportation more comfortable. Most important how taxes transaction adopting by government can help the citizen get more better medical healthy exactly for them not stable with financial condition.
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Renampun
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June 12, 2024, 10:07:51 PM |
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Right! So even those poor people still paying taxes in a very different ways, that's also the reason why people are struggling in their daily expenses because everything they need has a tax payment, that results higher expenses. maybe we only see the big deductions due to tax payments but in reality, the tax bill is the same for everyone, it just differs depending on the state of your life. Of course, each person has different financial capabilities, so even though the nominal tax charged by each person is the same, it feels heavy for some people, especially those who only have a small salary. In my country, those who are subject to income tax are those who earn above $3k per month, for those below that, the government still provides compensation, so it's actually not that bad as long as we treat taxpayers wisely.
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Xampeuu
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June 13, 2024, 07:34:28 AM |
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...
Right! So even those poor people still paying taxes in a very different ways, that's also the reason why people are struggling in their daily expenses because everything they need has a tax payment, that results higher expenses. maybe we only see the big deductions due to tax payments but in reality, the tax bill is the same for everyone, it just differs depending on the state of your life. Of course, each person has different financial capabilities, so even though the nominal tax charged by each person is the same, it feels heavy for some people, especially those who only have a small salary. In my country, those who are subject to income tax are those who earn above $3k per month, for those below that, the government still provides compensation, so it's actually not that bad as long as we treat taxpayers wisely. Indeed, there are certain rates and certain criteria for paying tax, just as in my country there are certain income limits that are subject to payment of personal tax, and even that is calculated using a formula after deducting income that is not subject to tax, such as how many dependents you have. In fact, if all the elements run well, it won't be burdensome, but many people are exposed to corruption, which creates negative thoughts about tax rates.
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C10H15N
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June 13, 2024, 12:41:52 PM |
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Governments and the wealth that controls them don't really want you to become rich. For the system to work most citizens need to remain in either the government dependent category (welfare) or in the wage / salary category where you shoulder the largest percentage of the cumulative tax burden. There is a reason public education systems do not teach financial responsibility and society, corporations, and media instead push the traps of debt and consumerism upon the populace.
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Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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MissNonFall9
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June 13, 2024, 03:27:52 PM |
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A country's government uses all sources of domestic revenue to run the country. These include foreign earnings export earnings direct and indirect taxes etc. Many of us may not know that we pay taxes without our knowledge because those who are not eligible to pay direct taxes indirectly pay taxes to the government by purchasing daily necessities. Again many rich people take all measures to evade their taxes which is a big obstacle to the development of the country and nation.
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C10H15N
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June 13, 2024, 03:55:59 PM |
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A country's government uses all sources of domestic revenue to run the country. These include foreign earnings export earnings direct and indirect taxes etc. Many of us may not know that we pay taxes without our knowledge because those who are not eligible to pay direct taxes indirectly pay taxes to the government by purchasing daily necessities. Again many rich people take all measures to evade their taxes which is a big obstacle to the development of the country and nation.
It's even more insidious than that. Governments spend far more than they steal in taxes. They must borrow the remainder. The treasury bills that I invest in when the interest rates are high enough are nothing more than loans to the US Government that they must pay back with interest.
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Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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