Post
Topic
Board Economics
Re: High taxes killing economy it's problem
by
Faisal2202
on 02/01/2025, 18:44:26 UTC
The political leaders talking like they want to improve economy but everything they do is taking down people can see that they want to add more taxes well it's a high pressiure on people.
Off course goverment knows exacly that higher taxes killing but keep going, perhaps we have reached to the point when something got be sacraficed in this case small company owners or self employers will take the hardest hit but some how some ways big corporations just keep earning and still pay little or no taxes.
It seems like they really want to kill economy perhaps it's time to let air out and pop the bubble to restart everything again from the down point seems like that's what the goverments are doing now.
If we speak about big companies, they have a lot of capital, they are earning APYs and they have more than one source of income, they are investing as well. If they are not then they are not big companies. So, if they are big we must not compare then with an individual who is doing two to three jobs just to meet his/her daily expenses.

These individuals don't have enough money as a good part of their income goes back to the country and one thing is good that most of these countries are doing good with that money unlike many other countries where they take the tax and spend that money on themselves and on their families. That hurts the most.