Summary of the state/fiat system in my country, I suppose it will be similar in all countries.

- You are born and have to register as a slave.

- Then you have to get an ID card and pay your first taxes, you pay to register as a slave.

- When you work for someone else, you pay income tax, social security tax, pension deficit tax, and unemployment tax.

- If you also work for yourself, then you pay a tax for working, the self-employed contribution.

- If you have a company, you pay corporate tax and you pay taxes for each person you hire and you pay for all your profits. In addition, as an entrepreneur, you have to assign yourself a salary and you pay taxes for paying yourself that salary and you also pay taxes as the recipient of the salary.

- When you buy anything, you pay 21% VAT.

- When you sell anything, you also have to pay if you have made a profit of between 19 and 30%.

- Every time you renew your driver's license or ID card, you have to pay fees again.

- You pay road tax for every vehicle you own.

- You pay taxes on every property you own.

- You pay garbage and sewer taxes for every property you own.

- You pay taxes on the land you own.

- When you buy alcohol, more than 80% is tax.

- When you buy gasoline, more than 80% is tax.

- When you buy a vehicle, more than 50% is tax.

- If you own stocks, gold, Bitcoin, or anything else and you sell it at a profit, you have to pay tax.

- When you sell a house, you have to pay tax on the profit you have made, as well as municipal capital gains tax, i.e., you pay tax for the entire time you have owned the house.

- The person who buys the house has to pay ITP (property transfer tax) if it is second-hand (10%) or VAT if it is new (10%).

- To register a property in your name, you have to pay the property registry and the fees associated with the deeds.

- As a company, you are also subject to a lot of municipal taxes, and as a large company, you are also subject to CO2 tax.

- You pay a lot of different taxes on electricity.

- You pay wealth tax if your wealth exceeds a certain threshold (500k/1M).

- You pay taxes on second homes.

These are the ones that come to mind right now, but there are many more.

But the best part is that after all this crap, you die and have to pay more taxes. All your heirs will be taxed on everything they inherit as if it were income.

GM

GM

ChatGPT has gotten way worse in recent weeks. Every answer is hella long. Who has time for that?

Good morning!

Satoshi Nakamoto says the Department of Justice is threatening the Bitcoin company with criminal charges for refusing to comply with President Trump's interest rate demands.

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