Post
Topic
Board Economics
Re: High Pay, High Taxes or Low Pay, Low Taxes?
by
Abu-Naim
on 11/08/2025, 20:59:05 UTC
It is known that in some U.S. states as well as in some other countries, the higher your income, the higher your taxes, while in others, the lower your income, the lower your taxes. The simple question I would like to ask you is this: which would you choose, to accept a job with high income in a where the cost of living is high and you pay high taxes, or go for a low paying job in a state where the cost of living is low and the taxes are low? After all, taxes never end.
If it has to be either higher income and higher tax and lower income and lower tax, then we have to check the amount of money that will be remaining after task payment; anyone with highest amount after the tax payment should definitely be the best option because earning higher pay and after paying your tax’s the money is finished has no use, it is better to be low income and low tax’s.