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.
Lol, when I was in China, I never saw the taxes, so I’m assuming they just tax the corporations who pass down the costs by raising prices.
Like there is literally no “sales tax” in PRC, at least when I left around 2010. I also never heard my parents ever paying any “income tax”. So its probably all pre-deducted before you even get paid. When we first arrived in the US, my mom was so “frugal” that she whenever she see the “sales tax” she have like a mini existential crisis or something. 🤣
(This is in Guangzhou btw, just in case y’all are wondering)
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.
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.
Lol, when I was in China, I never saw the taxes, so I’m assuming they just tax the corporations who pass down the costs by raising prices.
Like there is literally no “sales tax” in PRC, at least when I left around 2010. I also never heard my parents ever paying any “income tax”. So its probably all pre-deducted before you even get paid. When we first arrived in the US, my mom was so “frugal” that she whenever she see the “sales tax” she have like a mini existential crisis or something. 🤣
(This is in Guangzhou btw, just in case y’all are wondering)
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.