Post
Topic
Board Economics
Re: High Pay, High Taxes or Low Pay, Low Taxes?
by
junder
on 12/08/2025, 22:17:39 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.
Honestly, when I read and think about it, it's hard for me to choose which is better but looking at the reality, it seems like high income and high taxes are the way things are. Many people strive to earn a large income, and everyone will certainly strive for this not only to survive but also to improve their economic situation, but not everyone can pay taxes faithfully, right?
I personally feel more comfortable with the option of high income and low taxes, and I think if this option were available, many people would agree. It's just not an option. Cheesy
However, I also got another answer from my friend, "the answer can vary, depending on the type of business sector you have and everything can be worked around either with services or products that are covered by the buyer in other ways."