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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 suppo
by 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 agoOP 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.