4 ms·
> I'm a natural person (i.e. not a corporation), so everything I receive or produce or give away is taxed. This sounds like a dystopian nightmare. Where do you
by bronson 8y ago
> I'm a natural person (i.e. not a corporation), so everything I receive or produce or give away is taxed.
This sounds like a dystopian nightmare. Where do you live?
- arghwhat 8y agoWell, with income tax and VAT, you end up paying tax of everything both ways. Private transactions are commonly exempt, but they commonly have a limit in size before that becomes taxed income or require a company to be registered that takes care of VAT.
- ambicapter 8y agoAnywhere with an income tax + sales tax?
- politician 8y agoMost things in America that you can buy are taxed on the sale, and any money (or the monetary value of assets) you receive is taxed as income. If you produce anything, you're usually hit with licensing fees of some sort. I laughed out loud that you called out my description of this system a "dystopian nightmare".