I paid taxes to the government. Ever heard of "self-assessment" in taxation?


Still related to my first statement, I think more and more government will move to self assessment method. So instead of the government sniffing our capital gain, they can just get our tax report without hassle.  This system however, will rely on goodwill of both parties. But, if the government manage the country well, they don't have to worry about this "false report" thing..