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RE: Flat Tax: 5%-10%

in LeoFinance3 years ago

Simplifying taxes is certainly legitimate and a goal to be pursued. I think having to pay 5% or 10% on what I transfer to the bank is simple but unfair, let me explain:

  • "A" transfers $ 10,000 on an exchange;
  • the market crashes and "A" loses $ 2,000,
  • "A" decides to withdraw everything and has to pay another $ 400 or $ 800, increasing his loss.

This mechanism seems unfair and, in my opinion, makes the investment more risky.

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