Quote:
Originally Posted by carisear
you do know, that the goods that kid buys with his $3mil gets taxed right?
Keep the flow of money coming in. it helps us all.
Just like if you worked in Canada, and sent $1000 to your family in Haiti. why would you expect that money gets taxed? you already got taxed in your home country.
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I understand this will be unfair to some...
But at the same time, I felt that a lot of people are taking advantage of the system by paying little in tax, yet reaping in tons of benefits from our society.
Education, health care, security, and a beautiful environment...these things aren't free. People here works and contribute a significant amount of their earning to support the this society. (20-40%+)
Yet, you see so many families here pay $0 income tax, receive UCC benefits, free education, free health care...
They are also buying up scared resources (housing) they have no use for, but for speculation purpose.
(To me it is like ticket scalper buying up all the tickets because they believe it will increase in value and they can resell them for profit. Now people who truly want to see the show can't find tickets and prices skyrocketed because there are so few tickets available in the market)
FYI, all our "after-tax" income get taxed again when we buy goods too.