Topic: Reason we pay taxes and why we should - page 28. (Read 3652 times)
Everyone should pay his taxes for Bitcoin or other cryptocurrency. I do it too and I'm glad about it. That's how I help my country, where I live. Therefore I can also use things that were paid with taxes, such as roads etc. It would also be punishable if I did not pay taxes. All people should stick to it. Otherwise you only harm yourself if you do not pay any taxes.
Tax. It would almost appear that everyone complains about being taxed, and crypto owners no less. But I've worked and lived now in multiple tax jurisdictions and I can say that where tax is used to good efdect, where countries are run well and transparently, people tend to complain less, even observed people happy to pay taxes, particularly as they get older and have a functioning social system to take care of them in old age and poor health. In fact, where people don't pay tax at all, they wish they could so they have better say in development. In Brunei, for example, people don't pay tax but sign away their rights to have a say in their country's direction.
Bitcoin has mistakenly been used as an excuse to avoid tax. People say it is all about being free from the state and yes, Bitcoin simply means only you control your funds and denies state meddling in it. But taxation is almost separate from this idea of financial sovereignty. You live and use public services provided by public funding... It's only right you contribute your share.
Of course, where systems don't work and corruption is rampant, you have every right to question where your tax goes to. But it doesn't exempt your Bitcoin from tax.
Bitcoin has mistakenly been used as an excuse to avoid tax. People say it is all about being free from the state and yes, Bitcoin simply means only you control your funds and denies state meddling in it. But taxation is almost separate from this idea of financial sovereignty. You live and use public services provided by public funding... It's only right you contribute your share.
Of course, where systems don't work and corruption is rampant, you have every right to question where your tax goes to. But it doesn't exempt your Bitcoin from tax.
I totally agree with your reasons. The economy would collapse without the taxes, and so I never even tried to avoid to pay them. Even I have not always agreed with how they were calculated 
I´m not complaining about having to pay taxes but i do complain about the amount of the taxes. The overall tax weight should never be above 10%. I live in a a country where the average income Joe has to pay 40 - 50% taxes overall. I call that highly immoral when people are already half enslaved and politicians still want to raise taxes and never get enough.
As a citizen, we have a mandate to pay tax to our government, our taxes is also used by the Government for the expenses of our country and to make our economy strong and remain stable in terms of its condition, without our taxes i dont know what will happen to our own country and our economy itself, if you love your country will please pay proper taxes.
Unfortunately it is almost impossible to see decreasing tax. Always goes up and up
As a good citizen in the state , we are to pay the taxes to the government to make the country in a good governance, so that government official running the goverent can implement the different projects to the people via the taxes being paid by the people in the community that is why we will pay our taxes.
Without any reasons,we have to pay taxes because it is our obligation.Whether we like it or not,we really need to pay for it because we'll be charge penalties if found out that we haven't paying our tax yearly and is punishable by law.Anyway we get a certain percent of tax refund at end of the year,so not bad at all.And besides the tax money aside for paying salaries to government employees it will be used also for some projects like school building,road concreting and widening and more for the benefits of many people.
Taxation is theft. "But who will build the roads" argument is really old and dumb, people are not some stupid monkeys who can't figure out things if no one guides them, there's nothing that can not be done privately and through voluntary cooperation (which is the same as privately). Roads, military, science and so on - all of it can and is done privately around the world. Government is exactly why Bitcoin was invented - you can't trust people with power and believe that they will do as they've promised, and even well-meaning leaders do stupid mistakes that cost billions. Just like Bitcoin have decentralized economy, some day people will decentralize power to the point when every individual will be independent from others.
Do you really think that people will cooperate in building roads, schools and so on? What do you think is going to happen as soon as one person is slacking off? Others will be, "The hell with this, why should I do all the work?" Until no one is doing anything.
The problem with taxes is lack of transparency. So many people would be willing to pay their taxes if they could see what exactly their money does and where it ends up. Unfortunately, in many places the bigger part of tax just ends up in politicians pockets, but it is really hard for people to prove anything after the fact, as there are many ways to cover their tracks.
It is just a daydream, but maybe blockchain could be implemented into the taxation system, so that every person could check and track their money, and be sure it goes to the right place.
It is just a daydream, but maybe blockchain could be implemented into the taxation system, so that every person could check and track their money, and be sure it goes to the right place.
My reason, as a citizen, that pays taxes is to make my country a little bit better by playing my little role in the overall plan for my country, that government has.
Tax is used back to the tax payer.
Hmm, very wise statement, in fact it is true. Tax payers lives and gets his sevices right because he has payed those taxes before.
When you take a walk around the park you find that we should join hands to contribute to building the park more clean, when you are breathing clean air you also think that we should join hands to make the gas cleaner And paying taxes is our duty
I love that everyone is happy paying tax
As for my coutry it is very simple, whole coutry is living out of taxes, because all teh nurses and teachers are getting their salary, all the roads being fixed out of there, everything is payed from our taxes.
Many reasons why we should pay tax in our country, we pay taxes to pay the salaries of government employee like police, firefighter, public teachers and many more government officials, they also use tax money to maintain the beauty of the park, public market, roads and support the government program. That is why paying taxes is very important.
Yes that's why we pay taxes for that purposes but the main reason is it is government mandatory.We as a citezin are oblied to pay taxes wether we like it or not. It is our obligation to be follow because if not we will be on jail.well for me we should pay our taxes because taxes helps a lot.the government use our taxes in recontstractioning our road,in transportation,building public school,hospital for the poor.salary of the government employee and many more.
I think so too, I'm not against taxation as long as the funds are used properly, it is very important to help build one nation. What I hate most is the misused of funds and corruption, the main problem are those incompetent people in the government that rapes the system. This is a good reason why we need to pay taxes, but since government are so corrupt in many countries people are now afraid to pay taxes. I'm not against on this kind of systemThe reason why we pay taxes is to help the government to run for the public purposes. And of course to sustain the government for public services and for the building of the infrastructure for the future and of course the reason why we pay taxes is for the benefits also of the people live in the country the government do their job to protect the people using the taxes payed by the individual if taxes extinct the government definitely see will collapse the role of paying taxes is to maintain the peace and order of every people in return of paying taxes.
The obligation to pay taxes for citizens is for the country itself. A country needs a lot of income in order to stabilize everything, one of the country's greatest income is through taxes. If you are happy with your life, the government make sure you stay happy all your life. If you are not satisfied with your life, then the government is the only thing that keeps you safe from more frustrationIf you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :
Paying the salary of government employees
Making of roads
Public schools
Parks run by the government
Maintenance fees
Making government hospitals
Making high schools ... The list is endless
We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.
It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.
Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.
As you said we pay taxes as a contribute in helping our country to build roads, public schools, hospitals, and many more. It is really our responsibility to pay taxes as a good citizen of our country and to help our country improve more but there are a lot of people who refuse to pay taxes because there are some governments who steals money from the taxes that we pay. Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :
Paying the salary of government employees
Making of roads
Public schools
Parks run by the government
Maintenance fees
Making government hospitals
Making high schools ... The list is endless
We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.
It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.
Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.
Here in our country the Philippines,paying taxes is an obligation and there is no exemption at all.If found out that we are not paying taxes religiously,we are punishable by law.Anyway,the money we pay for our taxes will be used for economic growth and development in the society.
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