Topic: Becoming rich and higher taxes. - page 2. (Read 319 times)
I think government regulations should be strengthened and fair to deal with tax issues. Such as tightening taxes for the rich, and for the poor are not taxed. If that happens then the poor will feel light for the necessities of life and for the rich feel pressure on the existence of taxes. But in fact many governments use taxes as corruption for themselves, this is what makes the government system weakened.
i think the rich has taxes ony as a form of formality but in reality they don't pay the right percentage that poor people suffers. soke rich people have their properties with tax but still the percentage isnt the same when it comes to their whole income. i think the solution to this problem, if possible is to increase their taxes and almost none for the poor. there must be a government agency to classify families so that taxes would be normalized and the rich will pay more than the poor.
Yes as a matter of social justice the rich should pay more, it's not about penalizing the wealthy but merely a case of helping those less fortunate.
What needs addressing first though is to close up the tax avoidance loopholes that wealthy individuals (and business's) exploit in order to dodge paying their fair share. If the ordinary man in the street pays even £10 short in income tax the inland revenue are quick to hound him yet multimillionaires get away with murder and no-one bats an eyelid because tax avoidance is legal. Let's tighten up the taxation laws and give a fairer system for all.
What needs addressing first though is to close up the tax avoidance loopholes that wealthy individuals (and business's) exploit in order to dodge paying their fair share. If the ordinary man in the street pays even £10 short in income tax the inland revenue are quick to hound him yet multimillionaires get away with murder and no-one bats an eyelid because tax avoidance is legal. Let's tighten up the taxation laws and give a fairer system for all.
Rich people who decides to pay his taxes perhaps once in a year can as well cover thousands above what the poor pays monthly. But you are right. The government can chase the poor to pay taxes because if they don't pay at the moment, they may never have to pay later. Above all, taxes are for the good of the society to help government provide basic amenities in the society.
Its obvious rules and regulations are for poors and same way taxes. Rich can pay heavy sums to lawyers/accountants to save ultra higher amount of taxes.
Astonishing indeed! Rich people are always smart! joking! but actually, in your example you are right. We must notice that the governments are supported by rich people. The elections are won when money is used for good advertisement. Usually, rich people spend their money on politicians. In return, politicians help them to become richer and to pay fewer taxes. This is pure business. Nothing about friendship or love here. Rich people like business and for them, everything is business. Even life in our societies for them is business and paying taxes is not for them. Governments just need to be strong and fix this matter.
Most nations structure their taxes in such a way that they are made to pay more taxes but little did they know that taxes are actually mearnt for the poor and middle class to pay.Let's say that you are paid by the government as a middle class worker.Definitely the government has control over your funds so he taxes you first even before you get the money.The rich man who owns his business decides to delay tax payment and use that money to even make more investments and later pay or better still there are legal ways to swerve tax payment. So the rich are smarter than the government.
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