That would be FAR worse, for me at least. I plan on retiring and paying 0% taxes! How can I do that if they class it as a currency?
That's very smart of you! Are you from US? If so, not paying your taxes is. Ot only a crime, but it is what SCUMBAGS DO! If you love your country, then don't we need money for schools? What about the road your car drives on? Or bridges? How about parks? He'll...what about that Submarine currently looking for the MH370 plane?
Listen, paying taxes suck! But it is necessary in modern societies. You can debate all you want how crooked politicians waste our tax income, or how taxes are too high...but one thing you SHOULD NOT DO IS NOT PAY YOUR TAXES! That is one of the dumbest AND least patriotic things you can do! If you love your country, then you must pay your taxes. Period.
Good lord.. are you for real.. Or do you just not understand the concept of LEGALLY minimizing the taxes you pay? Up to a certain income, capital gains are tax free. It is very simple to live off of capital gains and LEGALLY pay 0% on your taxes.
As giving the gov't your money is so important to you, I'm assuming you are donating to the federal government over and above your legally required tax burden? What, you're NOT? you SCUMBAG !!! If you love your country, then don't we need money for schools? What about the road your car drives on? Or bridges? How about parks? He'll...what about that Submarine currently looking for the MH370 plane?
Paying tax is no fun but without taxes you'll live in a hellhole for sure. Countries don't live off of donations (yet).
Everyone should pay their taxes and everyone should pay ONLY their share as defined by the law.
Minimizing your tax expenditure, within legal boundaries, should be done by everyone in my opinion. If can pay 0% tax then you should!!!