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Friday, August 27, 2021

Mr. Beat talks taxes

 

[VIDEO] Well we already started off talking about income in the earlier video though more specifically it's about compensation aside from salaries/wages. This time we see the different types of taxes a gov't may levy on businesses and citizens. The primary role of taxes is to allow a gov't to maintain their functions or in Mr. Beat's words to buy stuff.

I hate having to pay an income tax which was first enacted in the U.S.A over a century ago at the same time it's unreasonable to expect gov't to function without allowing it to maintain their functions which goes from peace and security (i.e. military/police) to even providing a social safety net (i.e. welfare, health care, education, etc.). 

If we have to live under a gov't anywhere on this globe - let alone in this nation assuming we move to another state - we will have to deal with taxes. Whether sales, income, or even property taxes - which are usually utilized to pay for schools.

Perhaps some of you have a gripe with regards to taxes. Anyone want to share their issues with taxes? Perhaps someone out there doesn't mind having to pay taxes. Discuss that also.

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