Taxes are also the problem in countries like the US and China wherein income tax only exists to remove currency from circulation. There’s plenty of other ways to do that in a digital world.
Lol, when I was in China, I never saw the taxes, so I’m assuming they just tax the corporations who pass down the costs by raising prices.
Like there is literally no “sales tax” in PRC, at least when I left around 2010. I also never heard my parents ever paying any “income tax”. So its probably all pre-deducted before you even get paid. When we first arrived in the US, my mom was so “frugal” that she whenever she see the “sales tax” she have like a mini existential crisis or something. 🤣
(This is in Guangzhou btw, just in case y’all are wondering)
Taxes are also the problem in countries like the US and China wherein income tax only exists to remove currency from circulation. There’s plenty of other ways to do that in a digital world.
Lol, when I was in China, I never saw the taxes, so I’m assuming they just tax the corporations who pass down the costs by raising prices.
Like there is literally no “sales tax” in PRC, at least when I left around 2010. I also never heard my parents ever paying any “income tax”. So its probably all pre-deducted before you even get paid. When we first arrived in the US, my mom was so “frugal” that she whenever she see the “sales tax” she have like a mini existential crisis or something. 🤣
(This is in Guangzhou btw, just in case y’all are wondering)