Most people don’t hate taxes

[Antonixx]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

What really frustrates them is realizing that no matter how hard they work, their salary keeps losing the race against real life. You get a small raise and for one moment it feels like progress… then rent increases, food gets more expensive, transport goes up, and suddenly that raise means almost nothing again.

That’s why many people today are earning more money than they did years ago, yet somehow still feel very financially weaker.

If you come to think of it, I believe the biggest part of it is psychologcal. People can tolerate paying into a system when they believe hard work will eventually create stability but once salaries stop translating into actual progress, frustration quietly starts building.

That’s also why more people are moving beyond traditonal saving and looking for assets they believe can protect value long term because many no longer trust income alone to keep up.

What's your opinion

[Oluwa-btc]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

What really frustrates them is realizing that no matter how hard they work, their salary keeps losing the race against real life. You get a small raise and for one moment it feels like progress… then rent increases, food gets more expensive, transport goes up, and suddenly that raise means almost nothing again.

That’s why many people today are earning more money than they did years ago, yet somehow still feel very financially weaker.

If you come to think of it, I believe the biggest part of it is psychologcal. People can tolerate paying into a system when they believe hard work will eventually create stability but once salaries stop translating into actual progress, frustration quietly starts building.

That’s also why more people are moving beyond traditonal saving and looking for assets they believe can protect value long term because many no longer trust income alone to keep up.

What's your opinion

I'm from Nigeria and I can tell you that the idea of paying tax to the government boils me down to my bone marrows. More of a tolerant more fvcker lately but the idea of tolerating taxes completely bullshit.

The government has made life difficult for the person and it has become a lot difficult for people to keep up with life. It all boils down to the system of the government no?! And what they practice, yeah?! Yeah, maybe people are beginning to farm and also gather assests with less volatility which can get them cash flow.

[The Sceptical Chymist]

OP, you have made an assertion but I assume you've not taken a poll of taxpayers' sentiments and drawn conclusions from any sort of data.  In any case, you haven't presented anything to back up your claim--one which I also have no data for but suspect is completely wrong.

Particularly with the current Trump administration, my own circle of friends/contacts have expressed that the federal/state/local governments are taxing them to death and meanwhile those tax dollars are being used to fund a lot of *very* questionable things.  And on top of that, inflation is rising again, which is another hand in our pockets grabbing for money AND all of that quantitative easing that's been a constant over at the money printing building has no doubt played a part in that.

In other words, our elected officials are constantly fucking us, not using lubrication, and are targeting their phallus fingers on anything that even resembles a hole.  That shit hurts, and my little unofficial poll is telling me that taxes are absolutely not popular at all.

My opinion is that you need to think more deeply on this and when creating a thread, don't make an assertion like you did without backing up your claims with data.  We here on the fine bitcointalk forum are a skeptical bunch--or at least the older members are; the newer ones are likely just using AI to write any old thing--and most have a fine-tuned BS detector.

[Fortify]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

What really frustrates them is realizing that no matter how hard they work, their salary keeps losing the race against real life. You get a small raise and for one moment it feels like progress… then rent increases, food gets more expensive, transport goes up, and suddenly that raise means almost nothing again.

That’s why many people today are earning more money than they did years ago, yet somehow still feel very financially weaker.

If you come to think of it, I believe the biggest part of it is psychologcal. People can tolerate paying into a system when they believe hard work will eventually create stability but once salaries stop translating into actual progress, frustration quietly starts building.

That’s also why more people are moving beyond traditonal saving and looking for assets they believe can protect value long term because many no longer trust income alone to keep up.

What's your opinion

There are a lot of people out there who don't understand governments need revenue or actively fight against sharing resources which is pretty dumb, if you consider that sharing resources on things like emergency services, medical care, education, infrastructure, etc. can actually bring down the price through economies of scale. There is always going to be a balance, because there is such a thing as government being wasteful or giving away too many freebies without enough incentive to work, but that's usually not the case. The real problem in most societies these days are billionaires not being taxed enough and their companies using all sorts of loopholes - effectively abusing the spirit if not the law - to in some cases pay no taxes at all into the society they make a lot of money in.

[viljy]

OP, you are addressing two different issues at the same time: taxes and incomes, which are constantly losing purchasing power due to inflation. Taxes are a separate and very important issue. This is generally a cornerstone for the country's economy.

Taxes are paid only because of the threat of administrative or even criminal prosecution for non-payment. Why don't people want to pay taxes? Out of greed? - No, not out of greed. Because people see that their taxes are either being stolen or are being wasted.

[Don Pedro Dinero]

Particularly with the current Trump administration, my own circle of friends/contacts have expressed that the federal/state/local governments are taxing them to death and meanwhile those tax dollars are being used to fund a lot of *very* questionable things. 

That's the question. It is not just that taxes, together with inflation—which is a hidden tax—erode purchasing power. Rather, many of us would be more happy to pay them if the revenue were spent in the public interest, rather than on whatever suits the politician in power.

[_act_]

That’s also why more people are moving beyond traditonal saving and looking for assets they believe can protect value long term because many no longer trust income alone to keep up.

Yes, inflation is the reason people prefer to go for a valuable assets which are deflationary. A very good example of this asset is bitcoin as it has 21 million BTC supply in total which is very limited and making it deflationary. I do see the fiat system has scam from the government which is obvious to the public.

But why is this topic about most people do not hate taxes? The post is different from the topic title.

[mu_enrico]

The statement of "Most people don't hate taxes"
and

Most people can tolerate taxes because they understand governments need revenue which is understandable.

is based only on your feelings and not on research, which isn't going to get a good response from people here

What makes people pay taxes is a combination of many things, including trust, fairness, deterrence, and tax morale. Lots of research talks about this. Just Google it.

If I want to make it simple: if people are satisfied with their country, then what motivates them to pay taxes is (1) voluntary compliance (intrinsic), whereas if people are dissatisfied, then what motivates them is (2) enforced compliance (extrinsic).

Put me in the basket of (2), since I hate paying taxes to a corrupt government, but I don't want to rot in jail.

[sunsilk]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

What really frustrates them is realizing that no matter how hard they work, their salary keeps losing the race against real life. You get a small raise and for one moment it feels like progress… then rent increases, food gets more expensive, transport goes up, and suddenly that raise means almost nothing again.

That’s why many people today are earning more money than they did years ago, yet somehow still feel very financially weaker.

If you come to think of it, I believe the biggest part of it is psychologcal. People can tolerate paying into a system when they believe hard work will eventually create stability but once salaries stop translating into actual progress, frustration quietly starts building.

That’s also why more people are moving beyond traditonal saving and looking for assets they believe can protect value long term because many no longer trust income alone to keep up.

What's your opinion

You're right, everyone understands that the governments needs revenue through taxes to fund the programs that they're doing for the sake of its people.

But what happens is that it also becomes a way for the corrupt officials to become rich and the tax payers sees nothing but hatred through it.

Even though, as a responsible tax payers, you'll continue to do what's necessary and as a law abiding citizen.

[Sticky Bomb]

OP, you are addressing two different issues at the same time: taxes and incomes, which are constantly losing purchasing power due to inflation. Taxes are a separate and very important issue. This is generally a cornerstone for the country's economy.

Taxes are paid only because of the threat of administrative or even criminal prosecution for non-payment. Why don't people want to pay taxes? Out of greed? - No, not out of greed. Because people see that their taxes are either being stolen or are being wasted.

I believe taxes should be paid to a working government and not one like mine that its policies have made life unbearable for everyone here. The taxes being payed here are of little or no impact to improving the living condition of the people, the healthcare is bullshit, schooling system is trash, zero support for innovation, security is at it's weakest form and terrorist attacks every now and then, despite the billions being payed by taxpayers. It surely makes private workers reluctant to declare their earnings to the government because the basic things you pay tax to the government for are still left for you to do, which places no justification to the tax you're to be paying.

[coin-investor]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

It depends on where you are located. If you are located in a country like ours, where funds that should go to infrastructure and education are going into corrupt officials' pockets, it feels like you are funding these criminals' lavish lifestyle, and it's stressful for us taxpayers.
Our country has just moved up to the third most corrupt country, and you're not wondering anymore why people file incorrect returns for their taxes, because it's not worth paying taxes.

[Akbarkoe]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

What really frustrates them is realizing that no matter how hard they work, their salary keeps losing the race against real life. You get a small raise and for one moment it feels like progress… then rent increases, food gets more expensive, transport goes up, and suddenly that raise means almost nothing again.

That’s why many people today are earning more money than they did years ago, yet somehow still feel very financially weaker.

If you come to think of it, I believe the biggest part of it is psychologcal. People can tolerate paying into a system when they believe hard work will eventually create stability but once salaries stop translating into actual progress, frustration quietly starts building.

That’s also why more people are moving beyond traditonal saving and looking for assets they believe can protect value long term because many no longer trust income alone to keep up.

What's your opinion

People will have no problem paying their taxes if the money is used to build facilities for the people again, but if it is not implemented accordingly, people will usually cry about the taxes they pay.

Most people who are literate about the economy and its development will realize this, you are right to say that a salary will not save us alive in the long run, while the needs increase with age and family burden, plus inflation continues to take your money, salary increases do not always come, most probably once every year based on the growth of the cost of living usually, But what is very regrettable is that salary increases are not as beautiful as they look because in fact on the ground salary increases are sometimes not more than 10% but the cost of living increases annually by more than 15% this is the same loss or even more percentage, therefore many people realize when this inflation takes away value then they look for assets for the final rescue of their hard work.

[Rruchi man]

~

Many people will be more comfortable with paying taxes if they are actually seeing the benefit of it; that is, the government is using it wisely for the development of infrastructure and other meaningful projects like healthcare and education that improve the general standard of living, not a system where the money invested is not seen to be used for anything other than for the leaders to have more to steal.

The reluctance to pay taxes and the annoyance with it from some people who are not greedy is that they are not seeing any benefit from paying.

[pawanjain]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

What really frustrates them is realizing that no matter how hard they work, their salary keeps losing the race against real life. You get a small raise and for one moment it feels like progress… then rent increases, food gets more expensive, transport goes up, and suddenly that raise means almost nothing again.

That’s why many people today are earning more money than they did years ago, yet somehow still feel very financially weaker.

If you come to think of it, I believe the biggest part of it is psychologcal. People can tolerate paying into a system when they believe hard work will eventually create stability but once salaries stop translating into actual progress, frustration quietly starts building.

That’s also why more people are moving beyond traditonal saving and looking for assets they believe can protect value long term because many no longer trust income alone to keep up.

What's your opinion

The thing is that people get hooked up with lifestyle inflation. Just as your salary increases, your expenses also increase.
This is why it feels like progress initially but when the expenses also increase, it feels like the salary still can't fulfill all your wants.
We must try to keep the expenses minimum while the salary increases and only this way we can save money in the longer run.
Try not falling for lifestyle inflation and stay away from unnecessary expenses at least until you save a meaningful amount of money.

[uneng]

Most people are ignorant. They are just sheep heading directly into the slaughterhouse without complaining. They can't hate or go against something they don't have total awareness about. People don't calculate how much money they are wasting on taxes imposed by governments, as they live on automatic mode. As long as there is "bread and circuses", it's everything ok.

Politicians know this since ancient roman empire, and that is how they have been ruling society without much instability and rage against their abuses and manipulations.

[Crypto_Timothy]

What's your opinion

If taxes were actually used for what they said they were using it for then I would gladly give my contribution because that's what taxes are, my contribution to the progress of the nation but as we know it the government is not to be trusted and with history they have proven that when we do trust them, we do so at our own discretion. So the issue now for alot of persons is not even taxation itself, it is the accountability of the government, people are more willing to contribute when they can clearly see roads being fixed, better healthcare, quality education, security improvements and actual development happening around them, and with time as we know trust is built when results are visible.

People want to feel like there is a genuine relationship between what they give and what they receive in return and over time, repeated disappointments and misuse of public resources create skepticism, making people question whether additional contributions will truly benefit the nation or simply disappear into the same cycle we have seen before.

[Bitcoin Smith]

OP seems to mixup taxation and inflation, banks and government, because these are different things that is responsible for one and the other is not in their control.

No one will be happy to pay taxes unless they get the benefit from the government in some other form, it used to be a system that took money from rich and help the poor with development but modernday taxation system is just burden on the middle class people while rich can literally pay zero taxes or less tax than what their low level employees are paying as tax.

[BABY SHOES]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

I am willing to pay taxes as long as the government uses it properly, more precisely builds good infrastructure, what makes us hate paying taxes is because the government is often negligent in doing this task sometimes many officials are corrupt, that's the hate.

The salaries of officials are high, the level of corruption is still high, the infrastructure is bad, which means that we as tax-paying people do not enjoy the facilities properly and only fat officials enjoy it.

[Mhizlove]

Most people can tolerate taxes because they understand governments need revenue which is understandable.

What really frustrates them is realizing that no matter how hard they work, their salary keeps losing the race against real life. You get a small raise and for one moment it feels like progress… then rent increases, food gets more expensive, transport goes up, and suddenly that raise means almost nothing again.

That’s why many people today are earning more money than they did years ago, yet somehow still feel very financially weaker.

If you come to think of it, I believe the biggest part of it is psychologcal. People can tolerate paying into a system when they believe hard work will eventually create stability but once salaries stop translating into actual progress, frustration quietly starts building.

That’s also why more people are moving beyond traditonal saving and looking for assets they believe can protect value long term because many no longer trust income alone to keep up.

What's your opinion

I'm from Nigeria and I can tell you that the idea of paying tax to the government boils me down to my bone marrows. More of a tolerant more fvcker lately but the idea of tolerating taxes completely bullshit.

The government has made life difficult for the person and it has become a lot difficult for people to keep up with life. It all boils down to the system of the government no?! And what they practice, yeah?! Yeah, maybe people are beginning to farm and also gather assests with less volatility which can get them cash flow.

It's frustrating because alot of people do not complain about tax itself, but about not seeing the benefits from it in daily life. Most especially when power, public services, roads and security is still too weak, people will naturally question how and what their tax money is being used for or really do. However tax money is supposed to be one of the things that will help in developing a country if only the system is accountable and transparent. The major problem from alot of citizens is the trust between the people and government.

[Ndabagi01]

Many people are ready to pay tax and not trying to avoid it. What kills peoples mindset into not wanting to actually heed to it is the poor government mismanagement of funds. When the government make good use of this funds into making life easier for the taxpayers, then the taxpayers won’t see it a big deal to pay or try to avoid paying the tax.

The fact that many people are now looking for alternative to their sources of income despite government increments in salaries and minimum wage, it shows that the value of their money is not seen enough and the increment in minimum wage also resulted in increment in tax. Many people are just managing and not really feeling the move of their taxes which should be felt by all citizens.