Taxes are also the problem in countries like the US and China wherein income tax only exists to remove currency from circulation. There’s plenty of other ways to do that in a digital world.
Yeah having to do your taxes yourself is fucking archaic and stupid. They know how much you owe them. Either deduct that when people are paid (falls on the employer) or just tell people what they owe.
Well, again, the taxes are not the problem, but the bad design of the deduction process. The war on taxes, especially in the US but also in Europe, is a strategy from the right and neoliberals to cut down on social welfare and essentially redistribute money to the rich.
Taxes are good and important, but it’s difficult to figure out what to tax and by how much, and how to use the money well.
There’s certainly taxes, I paid income tax and they revised the rates at least once while I was living there. No sales tax that I noticed but that’s not the only tax.
Yeah, but that’s not the argument you were making. You said there were no taxes.
Income tax is a tax even if you don’t pay it at certain levels. In the US if you make under something like 20k a year that is also effectively tax exempt due to low income. Doesn’t mean there are no taxes.
Taxes are also the problem in countries like the US and China wherein income tax only exists to remove currency from circulation. There’s plenty of other ways to do that in a digital world.
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Yeah having to do your taxes yourself is fucking archaic and stupid. They know how much you owe them. Either deduct that when people are paid (falls on the employer) or just tell people what they owe.
Well, again, the taxes are not the problem, but the bad design of the deduction process. The war on taxes, especially in the US but also in Europe, is a strategy from the right and neoliberals to cut down on social welfare and essentially redistribute money to the rich.
Taxes are good and important, but it’s difficult to figure out what to tax and by how much, and how to use the money well.
There’s certainly taxes, I paid income tax and they revised the rates at least once while I was living there. No sales tax that I noticed but that’s not the only tax.
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Yeah, but that’s not the argument you were making. You said there were no taxes.
Income tax is a tax even if you don’t pay it at certain levels. In the US if you make under something like 20k a year that is also effectively tax exempt due to low income. Doesn’t mean there are no taxes.
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The rich would just use crypto