[b2plane]

Imagine earning 100k$ & you now have to pay $10k+ to taxes, bank credit fee and other shits. i heard somewhere the rich people have created a taxation system so they can be even richer. rich people dont pay taxes, the poor and middle class pay taxes to keep the rich.. rich.... thoughts?

[Bacardi Cola Lime]

Taxes aren’t bullshit, the taxation system is. As I see it, governments try getting more taxes from middle and low class citizens so they balance out what they would get if they taxes the rich properly.

[Starks]

Taxes aren't a scam. It's through taxes that we get to enjoy basic services such as security and infrastructure, among others. And as you know, we all need these services.

[Zexi]

Imagine being from Sweden and paying more than 50% on income taxes. And here you are crying for 10%.

[Vibe]

It sucks looking at getting taken out and having to pay them but it’s actually really beneficial, if your government provides useful things with the taxes.

[Charybdis]

Taxes do suck, the rich should pay the same percentage of taxes we have to pay.

[Disease]

Imagine earning 100k$ & you now have to pay $10k+ to taxes, bank credit fee and other shits. i heard somewhere the rich people have created a taxation system so they can be even richer. rich people dont pay taxes, the poor and middle class pay taxes to keep the rich.. rich.... thoughts?

The wealthy have more avenues available to them to write off taxes, usually via showing extreme losses in key areas. Middle class families just don't have access to those channels. Or at least don't set themselves up to have access.

My wife and I are considered to be in the "upper" middle class, by our annual income. We're not rich by any means. But because we do little things like push expenses into a company I own on the side, to help it show a loss at the end of the year, my tax burden is greatly reduced. Other things, like maxing out our 401k contributions every year also help, as that lowers our taxable income.

Obviously I don't get away with not paying anything in. I just don't have the resources or activities going on to generate those kinds of losses or investments. Tax season sucks for us like it does for many middle class families. But because we took the time to sit down with an accountant a few years ago, and do so every year to re-strategize and plan for this, my tax burden is greatly reduced. It's sad, but I paid back less in taxes than good friends of ours, who earned a quarter of what we did last year.

All of that said- I don't understand your comment on the poor... If your income is that low, you're effectively paying little to absolutely nothing in taxes. I think the tax breaks, and various programs like Earned Income Credit, are generous if you're genuinely poor. There's a reason they end up with the massive tax returns when their income wouldn't otherwise support that kind of money.

[Divine Intellect]

thats why monero exists my friend

[A +]

Agreed, but do you have a better solution?

[Bossk]

How can someone be against the idea of taxation, it builds the society. Be upset about what taxation money is spent on.

[vRWN]

There are not many other solutions for this I think.

[f o r m i d a b l e]

without taxes we'll be dead. There'd be no cops. No army.

[Mr. Atlas]

Don't complain
In France some companies are taxed at 70% of their income

[Dredd]

Only $10k bro either you live in a shit country or you got your figures wrong, in the UK once you go over the 50k mark you pay like 40% income tax + National Insurance which is a few percent so you lose half of your income.

[Artisan]

Without taxes, governments would have no way to fund social services, maintain roads. bridges and railways not to mention police and armed forces. They're essential without a doubt. I voted Yes because I think that in most countries, people can't choose where their tax money is spent and also how it gets gobbled up due to corruption.