Post
Topic
Board Economics
Re: High Pay, High Taxes or Low Pay, Low Taxes?
by
Ishicryptic
on 12/08/2025, 08:11:16 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.
Everybody wants the good life where you will be comfortable and enjoy better lifestyles and to afford it you need money, the more money you have will determine your level of comfort. So it is better to earn more and pay more taxes because you can afford to, I don't mind to earn 100x more and pay 100x more taxes that is what the rich people do and they are still very successful. No need pay lower tax and live like a pauper, so the lesser you earn the lesser taxes you pay which will also mean the poorer you will become. Greatness comes with great responsibilities which means to whom much is given much is also expected from the person, we need to aspire to be greater and not be afraid or skeptical to pay higher taxes and giving back to the society.