3 ms·
> Because I am already made aware of that when I get my very first paycheck from a new job. Taxes don't reduce your purchasing power insofar as everyone else a
by astrange 4y ago
> Because I am already made aware of that when I get my very first paycheck from a new job.
Taxes don't reduce your purchasing power insofar as everyone else also has to pay them, so your relative amount of post-tax money is the same, and the tax system is progressive, meaning your relative position is actually a little better.
Remember, money isn't real.
https://en.wikipedia.org/wiki/Money_illusion https://en.wikipedia.org/wiki/Money_illusion