Post
Topic
Board Economics
Merits 1 from 1 user
Re: Personal Financial Goals vs Government expectations!
by
ancafe
on 17/05/2024, 03:32:46 UTC
⭐ Merited by G_Besar (1)
So as a result we are paying from 10% to over 50% of our earnings just in the form of taxes in one or another way. So one who really wants to achieve financial independence should find a way to reduce their tax pay legally like how the businessmen do.
It's too much to live in a country of law but we don't comply with taxes and maybe there are some people who see taxes as a step for the government to exploit entrepreneurs. If examined further, taxes function for the sustainability of the state, especially if the state does not have other sources of income from the natural products sector. With taxes, it will slightly help the government's burden in terms of state revenue, although in general it is a bit of a burden on entrepreneurs.

Some entrepreneurs try to switch to a more profitable business with a much lower tax percentage. In this case we have to look according to interests and cannot narrate everything the same. Indeed, taxes are a problem for entrepreneurs, but that is how the government enforces the rules and they will continue to try to find ways in which taxes can provide benefits to the country.

Or like the bald guy says, we need to find a way to exit the Matrix. Cheesy
I am not in the capacity to refuse or accept, but that is how the country is run and when we don't want to follow then we have to look for a country that is tax friendly.