Personal tax season is starting and I'm reminded why non-KYC Bitcoin is so cheap despite the premiums and the friction involved in acquiring it.
I have to earn a salary, get nailed on that, then provide
1) Medical aid tax certificate
2) Investment tax certificates
3) Any other income
Just to prove I haven't been nailed enough by income tax, inflation, VAT, Petrol Tax, Import duties, property tax and fees
I know I have it much easier than people in the developed world where they really on your arse about these things, but how isn't getting rid of all this admin and obvious win for everyone?
Just scrap all this pretending, you're already printing the money, why still have these hoops? It's not like any of these funds you recoup pay back the debt just rack up some more