Do you pay too much tax in your country?
By Wise Ghost
@WiseGhots (14603)
January 11, 2019 7:43am CST
In absolutely everything we buy (or any kind of services we use), taxes are included.
There is no way to escape it (because it affects everyone), but unfortunately the percentage levels are usually very bitter (thus causing prices to rise considerably).
If many of the taxes were fairer, people would have more money to do other things. How does this work in your country?
8 people like this
7 responses
@ThreeTeddies (2038)
• United Kingdom
14 Jan 19
@kayshope Trump has to pay for his wall somehow!
1 person likes this
@Acefun (1220)
• Malaysia
12 Jan 19
Yes, I agree that VAT tax is incorporated in many products and services in US. They is no way to escape it and hoping the government will plan the money collected from the tax and use wisely on developing the country that can benefit the nation.
Our country started to implement Goods and Services tax (GST). It is similar to the VAT where certain things will have fixed percentage of the tax on the things that we buy and sell. However, the taxes already abolished and replaced by Sales and Service tax (SST).
The Sales Tax is only imposed on the manufacturer level, the Service Tax is imposed on consumers that are using tax services. SST rates are less transparent than the GST which had a standard 6% rate, the SST rates vary from 5% and 10%.
Secondly, the suppliers could claim back the GST from the government but SST is not allow to claimed back so the suppliers need to absorb it as part of the cost.
1 person likes this
@WiseGhots (14603)
•
12 Jan 19
@JudyEv But Australia is na expensive country. Am I wrong?
1 person likes this
@JudyEv (382658)
• Rockingham, Australia
13 Jan 19
@WiseGhots I think people from Asian countries find it expensive compared to their own. I don't know about people from the USA although our fuel is a lot more expensive than what they pay. However if they visit here, that would only affect them if they hired a car. It's hard for me to pass an opinion really as I live here.
1 person likes this
@JohnRoberts (109841)
• Los Angeles, California
11 Jan 19
People in California are crushed by taxes.
1 person likes this
@JohnRoberts (109841)
• Los Angeles, California
11 Jan 19
@WiseGhots Probably only second highest to New York State.
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@dya80dya (36805)
•
11 Jan 19
@WiseGhots I know. In your country is the same problem?
1 person likes this
@florelway (23339)
• Cagayan De Oro, Philippines
11 Jan 19
It depends on one's status. Employees earning within the brackets of minimal income are exempt from paying taxes but they suffer the consequence of a higher tax rate imposed on businesses and other sectors.
1 person likes this
