Post
Topic
Board Economics
Re: High taxes killing economy it's problem
by
South Park
on 02/01/2025, 23:51:42 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.
Governments are bureaucratic by nature, as once a politician gets there, not only they want to remain in power but they want to bring their families, friends and allies on board, but this creates a government that is too big and inefficient, and the only way to maintain it is to increase taxes, however a point is reached in which the taxes are so high that people need to pick between paying their taxes or maintaining their standard of living, and that is when you begin to see people avoiding paying their taxes.