Govrnments are Indirectly stealing Poor Man's Money. Don't you believe me? Then Read this out!
In my country there is a new tax system have invented few months ago with the name of GST (Good and Simple Taxt). They brought this up to make sure every individual who are above the poverty line should pay tax properly. And they increased the tax rating percentage on several goods and on different industries.
Let's take the movie industry. Tax percentage has increased by 20% on this industry to collect more money from the industry. They thought that movie industry people are very rich and they can pay taxes easily.
But what happened in the actual scenario is, they increased the movie ticket fare to collect that 20% tax from the normal people who are going to watch the movie.
So when the government wants to collect more tax from the movie industry, these movie industry people collecting more money by increasing ticket fare to get the 20% increased tax money.
Some rich people might buy the tickets without any issue, but poor people who want some entertainment stuff is suffering to buy these movie tickets.
What did you observe? At last the normal people are suffering. You can say these governments are stealing poor man's money indirectly.
Find that disgusting, same in South Africa, here they keep the rich rich and the poor poor. The latest onr being if you own 5 property's or more, you can get a tax rebate from government for up to 55%. You just have to lease the property's out. So the owner now only pays 45%for the property but the poor tenant that has to rent still pays the full bond rent plus interest. Absolutely disgusting what governments are doing to their people...
Absolutely true. So sad. :-(
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Nice post. Upvoted and following u as always. Regards Nainaz
Thanks :-)
buy cryptocurrencies and smash their system ass
That's a good Idea. hahaha. But unfortunately cryptocurrency trading is still not a legal trading.
why we should take in mind it is legal or not
who says it is legal or not
The power is for people not for the leaders.
When the people would change something it will be done
anyway.e