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Replying to Avatar The Ben Gunn

Tax is more like 95% of your life.

income tax

capital gains tax

sales tax

duties/tariffs

road/property/local municipality taxes

death tax

stamp duty

corporation tax

Then the tax you pay in the price of goods where all the above taxes drop into the price of the good/service from businesses (payroll etc).

Then the fees and fines related to correct payments (accountancy, tax advice). And the time spend doing it.

and then inflation for the 5% left.

We're farmed. About 1% left of life after all those layers are applied.

Take a dollar for a walk through the system and you'll have about 1 cent left after 2 cycles.

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Bitcoin Fortress 1y ago

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