6 ms·

Taxes pay for society: education, healthcare, infrastructure, defence, culture. You benefit from these, and expect to benefit in the future from them (e.g. exp

Taxes pay for society: education, healthcare, infrastructure, defence, culture. You benefit from these, and expect to benefit in the future from them (e.g. expecting to employ someone with a good education). You should pay your share.

stavros 3y ago
While I agree in spirit, there are only a few countries in the world where I'd be comfortable paying taxes and trust that the money won't be embezzled: Basically the Nordics and Switzerland. Maybe also Germany.
- Dayshine 3y ago
  Why do you need to be comfortable that it won't be embezzled? All systems have inefficiencies. Is 10% of money wasted due to duplicated bureaucracy different impact than embezzlement? Do you hold charities to the same standard? I'd rather pay tax and have 50% of it be used inefficiently and have theoretical influence in how it's spent
  - carlosjobim 3y ago
    How do you like 50% used for war expenses, torturing political prisoners, purchasing palaces?
- FirmwareBurner 3y ago
  >Maybe also Germany. Ah Germany, world famous for low company taxes, high government efficiency, great use of your taxes, low bureaucracy and start-up friendliness.
  - lm28469 3y ago
    ??? It's world famous for a lot of other things like good public transportation, good parental leaves, good social security, good unemployment benefits, good health care system, &c. Of course to use tax money you need to collect tax money... Most countries have lower taxes than Germany but most countries have worse living conditions. All the people like OP are quick to go back to their tax heavy hell homecountries as soon as they need anything other than sun and cheap cocktails If Germany was so bad it wouldn't be in the top 5 countries with the most immigrants per capita
    - FirmwareBurner 3y ago
      >Most countries have lower taxes than Germany but most countries have worse living conditions. The famously worse Scandinavian, BeNeLuxian and Swiss living conditions, that's why they emigrate out of there to work in Germany's factories.
      - lm28469 3y ago
        Good good, you cited five countries, now what about the ~190 others ? You might want to look up the definition of the word "most" Also: https://files.taxfoundation.org/20210505165000/Top-statutory-personal-income-tax-rates-in-Europe-2021.jpg https://files.taxfoundation.org/20210505165000/Top-statutory...
        FirmwareBurner 3y ago
        Except OP is not looking at the best place to get a middle class job, but the best place to incorporate a tech company, so obviously you're going to look at the better options, not the 190 worse ones.
    - stavros 3y ago
      > All the people like OP are quick to go back to their tax heavy hell homecountries as soon as they need anything other than sun and cheap cocktails I'm Greek, but thanks for assuming.
- dindobre 3y ago
  I'm wondering if your opinion in based on facts or rather feelings about much nordics
  - stavros 3y ago
    What relevant metrics do you think the Nordics are behind other countries on?
maremmano 3y ago
I would really love the hypothetical world you describe. Unfortunately it doesn't work that way in many parts of the world. Mine included. And no, you can't change it that easily even if you decide to dedicate your life to this.
- metaltyphoon 3y ago
  Despite all of that you can still do your part if you truly believe it.
RhysU 3y ago
Nowhere does the OP suggest that a jurisdiction with easy tax evasion possibilities is of interest. One picks the size of one's share when making a choice like the OP. (Love the username in the context of your pay-yer-share non sequitor).
- zevon 3y ago
  OP literally said "I am mainly trying to save money on taxes"... My 2 cent: Pay your taxes to support the infrastructure, services and development in the region you actually use most in your life activities.
  - Bnichs 3y ago
    So if you were choosing a town to live in and one has a 2% tax rate and the other a 30% tax rate, you'd surely choose the 30% tax rate because you want to support your regional community? More likely when you get past the virtue signaling, you'd choose the one that fits your needs with taxes as one of many variables. It comes down to taxes as a form of price discovery, tax rates vary greatly and at least at the federal level don't translate at all into your day to day life unless you work in the military or politics.
    - Symbiote 3y ago
      > So if you were choosing a town to live in and one has a 2% tax rate and the other a 30% tax rate Well I live in Denmark, so you can draw your own conclusion.
    - fragmede 3y ago
      OP is living in Thailand, and not a hypothetical town in the US or the EU, so the taxes being paid on this LLC won't be going to their regional community. Due to geopolitics, forming an LLC in Thailand isn't conducive to their business (which was not discussed, but lets assume they make a SaaS product), so it's easy to see taxes as much more of a cost than anything else because while yes, I think a town halfway across the world should have good roads and good schools and feed the hungry, OP isn't running a charity, and paying extra so town A can have better roads vs paying less so town B can have better roads becomes kind of academic and the concern becomes more about money to OP than anything else.
gcheong 3y ago
"You should pay your share." That doesn't mean you shouldn't find the most efficient vehicle to do so. Saving on taxes probably shouldn't be the sole reason to adopt a certain corporate structure but it certainly is part of the equation.
libraryatnight 3y ago
Marilynne Robinson has an excellent essay where she talks about how taxes pay for amenities for citizens, but in the US we have been conditioned to not be citizens, we are tax payers.
c_o_n_v_e_x 3y ago
The poster is presumably paying tax in Thailand and the United States.
mickelsen 3y ago
This moralistic, low effort truism is the top comment? Come on.

stavros 3y ago

While I agree in spirit, there are only a few countries in the world where I'd be comfortable paying taxes and trust that the money won't be embezzled: Basically the Nordics and Switzerland. Maybe also Germany.

Dayshine 3y ago
Why do you need to be comfortable that it won't be embezzled? All systems have inefficiencies. Is 10% of money wasted due to duplicated bureaucracy different impact than embezzlement? Do you hold charities to the same standard? I'd rather pay tax and have 50% of it be used inefficiently and have theoretical influence in how it's spent
- carlosjobim 3y ago
  How do you like 50% used for war expenses, torturing political prisoners, purchasing palaces?
FirmwareBurner 3y ago
>Maybe also Germany. Ah Germany, world famous for low company taxes, high government efficiency, great use of your taxes, low bureaucracy and start-up friendliness.
- lm28469 3y ago
  ??? It's world famous for a lot of other things like good public transportation, good parental leaves, good social security, good unemployment benefits, good health care system, &c. Of course to use tax money you need to collect tax money... Most countries have lower taxes than Germany but most countries have worse living conditions. All the people like OP are quick to go back to their tax heavy hell homecountries as soon as they need anything other than sun and cheap cocktails If Germany was so bad it wouldn't be in the top 5 countries with the most immigrants per capita
  - FirmwareBurner 3y ago
    >Most countries have lower taxes than Germany but most countries have worse living conditions. The famously worse Scandinavian, BeNeLuxian and Swiss living conditions, that's why they emigrate out of there to work in Germany's factories.
    - lm28469 3y ago
      Good good, you cited five countries, now what about the ~190 others ? You might want to look up the definition of the word "most" Also: https://files.taxfoundation.org/20210505165000/Top-statutory-personal-income-tax-rates-in-Europe-2021.jpg https://files.taxfoundation.org/20210505165000/Top-statutory...
      - FirmwareBurner 3y ago
        Except OP is not looking at the best place to get a middle class job, but the best place to incorporate a tech company, so obviously you're going to look at the better options, not the 190 worse ones.
  - stavros 3y ago
    > All the people like OP are quick to go back to their tax heavy hell homecountries as soon as they need anything other than sun and cheap cocktails I'm Greek, but thanks for assuming.
dindobre 3y ago
I'm wondering if your opinion in based on facts or rather feelings about much nordics
- stavros 3y ago
  What relevant metrics do you think the Nordics are behind other countries on?

maremmano 3y ago

I would really love the hypothetical world you describe. Unfortunately it doesn't work that way in many parts of the world. Mine included. And no, you can't change it that easily even if you decide to dedicate your life to this.

metaltyphoon 3y ago
Despite all of that you can still do your part if you truly believe it.

RhysU 3y ago

Nowhere does the OP suggest that a jurisdiction with easy tax evasion possibilities is of interest. One picks the size of one's share when making a choice like the OP. (Love the username in the context of your pay-yer-share non sequitor).

zevon 3y ago
OP literally said "I am mainly trying to save money on taxes"... My 2 cent: Pay your taxes to support the infrastructure, services and development in the region you actually use most in your life activities.
- Bnichs 3y ago
  So if you were choosing a town to live in and one has a 2% tax rate and the other a 30% tax rate, you'd surely choose the 30% tax rate because you want to support your regional community? More likely when you get past the virtue signaling, you'd choose the one that fits your needs with taxes as one of many variables. It comes down to taxes as a form of price discovery, tax rates vary greatly and at least at the federal level don't translate at all into your day to day life unless you work in the military or politics.
  - Symbiote 3y ago
    > So if you were choosing a town to live in and one has a 2% tax rate and the other a 30% tax rate Well I live in Denmark, so you can draw your own conclusion.
  - fragmede 3y ago
    OP is living in Thailand, and not a hypothetical town in the US or the EU, so the taxes being paid on this LLC won't be going to their regional community. Due to geopolitics, forming an LLC in Thailand isn't conducive to their business (which was not discussed, but lets assume they make a SaaS product), so it's easy to see taxes as much more of a cost than anything else because while yes, I think a town halfway across the world should have good roads and good schools and feed the hungry, OP isn't running a charity, and paying extra so town A can have better roads vs paying less so town B can have better roads becomes kind of academic and the concern becomes more about money to OP than anything else.

gcheong 3y ago

"You should pay your share." That doesn't mean you shouldn't find the most efficient vehicle to do so. Saving on taxes probably shouldn't be the sole reason to adopt a certain corporate structure but it certainly is part of the equation.

libraryatnight 3y ago

Marilynne Robinson has an excellent essay where she talks about how taxes pay for amenities for citizens, but in the US we have been conditioned to not be citizens, we are tax payers.

c_o_n_v_e_x 3y ago

The poster is presumably paying tax in Thailand and the United States.

mickelsen 3y ago

This moralistic, low effort truism is the top comment? Come on.