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I hear Nigeria is quite the place... No, on a more serious note, if you need a secret account, something about your attitude towards finances is wrong in the f

by nicara 18y ago

I hear Nigeria is quite the place... No, on a more serious note, if you need a secret account, something about your attitude towards finances is wrong in the first place.

idont 18y ago
If in some countries you work 6 month (per year) only for taxes, there is something wronger... If you work 1-2 month (per year) for taxes, the need for a secret account will be null...
- nicara 18y ago
  I don't get it - taxes are a percentage of your overall income... so how can you have to work 6 months for taxes? I do realize that you have to work more to be able to make a living, but keep in mind that: - By working in any state, you are also subject to their rules/laws/customs. That means you have to pay taxes, and you don't pay them for nothing, but you get something in return. - If you disagree with the tax system in your country of choice, feel free to move somewhere else. But don't be a jerk and take the advantages (health care, free education up to a certain degree, ... the list goes on) without the disadvantages (giving a (admittedly quite considerable) part of your income to the state in the form of taxes). So, I rest my case. If you need a secret account, something with your attitude towards finances is wrong. Period. And on a more anecdotal level, let me say that I am by all means not someone who encourages a very restrictive government in terms of economy. E.g. I'm going to university in Sweden (though not from Sweden), but I'll never work here, simply because, while living here is great, taxes get ridiculously high when you earn more than the average. But tell you what, I'm not going to open a secret bank account, cheat the government and deceive the Swedish people.
  - randallsquared 18y ago
    "I don't get it - taxes are a percentage of your overall income... so how can you have to work 6 months for taxes?" Well, if the percentage is 50%, then... More concretely, in Maryland, my last paycheck had about 31% taken from it before I got it, and there are many places with higher tax burdens on the state and local levels, even in the US. Add sales taxes, property taxes if you own a house, and you could easily get to 40% in the US. We're constantly hearing about how much higher taxes are in many other parts of the world, so 50% doesn't seem unlikely for some countries. The only reason that we can afford this much government, of course, is that we're all so incredibly rich by the standards of yesteryear that the losses have been sustainable so far. We'll see if that continues to be the case (my bet is that it will).
noonespecial 18y ago
Remember, in America you can be sued by anyone for any reason at any time. Judgment can be rendered against you in an almost random fashion and all of you assets can be seized. If I were a medical doctor in the US, I would absolutely have hidden assets.

by nicara 18y ago

I hear Nigeria is quite the place... No, on a more serious note, if you need a secret account, something about your attitude towards finances is wrong in the first place.

idont 18y ago

If in some countries you work 6 month (per year) only for taxes, there is something wronger... If you work 1-2 month (per year) for taxes, the need for a secret account will be null...

nicara 18y ago
I don't get it - taxes are a percentage of your overall income... so how can you have to work 6 months for taxes? I do realize that you have to work more to be able to make a living, but keep in mind that: - By working in any state, you are also subject to their rules/laws/customs. That means you have to pay taxes, and you don't pay them for nothing, but you get something in return. - If you disagree with the tax system in your country of choice, feel free to move somewhere else. But don't be a jerk and take the advantages (health care, free education up to a certain degree, ... the list goes on) without the disadvantages (giving a (admittedly quite considerable) part of your income to the state in the form of taxes). So, I rest my case. If you need a secret account, something with your attitude towards finances is wrong. Period. And on a more anecdotal level, let me say that I am by all means not someone who encourages a very restrictive government in terms of economy. E.g. I'm going to university in Sweden (though not from Sweden), but I'll never work here, simply because, while living here is great, taxes get ridiculously high when you earn more than the average. But tell you what, I'm not going to open a secret bank account, cheat the government and deceive the Swedish people.
- randallsquared 18y ago
  "I don't get it - taxes are a percentage of your overall income... so how can you have to work 6 months for taxes?" Well, if the percentage is 50%, then... More concretely, in Maryland, my last paycheck had about 31% taken from it before I got it, and there are many places with higher tax burdens on the state and local levels, even in the US. Add sales taxes, property taxes if you own a house, and you could easily get to 40% in the US. We're constantly hearing about how much higher taxes are in many other parts of the world, so 50% doesn't seem unlikely for some countries. The only reason that we can afford this much government, of course, is that we're all so incredibly rich by the standards of yesteryear that the losses have been sustainable so far. We'll see if that continues to be the case (my bet is that it will).

noonespecial 18y ago

Remember, in America you can be sued by anyone for any reason at any time. Judgment can be rendered against you in an almost random fashion and all of you assets can be seized. If I were a medical doctor in the US, I would absolutely have hidden assets.