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RE: Why Taxes Feel Like Forced Slavery – A Critical Perspective

in Hive Learners17 days ago (edited)

Taxes have three main problem:

1- You don't see the return in government services (they don't give it or the quality is very poor): health care, security, universal public education, railroads, public transportation, highways, etc.

2- The government print air money to cover their default so inflation go up in extreme ways every year.

3- Income tax is more than a 30% and VAT or IVA is beyond the 5% (this should be in my opinion the highest rates).

!BBH

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 17 days ago  

And it is a vicious circle. In this country, VAT (Tax) to all the could or services is 16.5%, but in addition to that, you must declare taxes based on what you earn, then you end up paying up to 5 times more than what you earn, because if you do not pay it they put a fine equivalent to 50 salaries ($ 3000), so GG