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Why has taxes only significantly affect low to middle income people/families?
by ryanmccullagh 8y ago
Why has taxes only significantly affect low to middle income people/families?
- esotericn 8y agoIf you are not financially independent then taxation (on income and consumption) directly reduces your ability to get to such a state. If you are financially independent then it reduces the number, or type of activities/goods you can partake in or buy. I offer without proof the claim that being free in the economic sense is a far greater determinant of happiness.
- mtgx 8y agoBecause 30% tax off a $1,500 a month salary is a lot worse for your chances of survival/living a decent life vs if you had a salary/income of $15,000+ a month.