What I hate about taxes is that they make no sense... like everything I buy, I pay taxes on it, but I also have to pay taxes on the rest of my money? then what do you do with the other taxes? the money is not reflected on services
You are viewing a single comment's thread from:
And when you die, if you have anything, they tax your estate.
you also pay tax when you get money that you earned. and tax on a house that you bought and payed tax when you were buying it.
How long would it take for 1M just circulating, without any of the spenders adding more to it, to disappear into taxes?
depends on countries but probably not that long. kinda the same with paying with cards in shops. if i give you cash you are getting all the money if i pay you card you are getting 95%