The more you earn, more you loose October 1, 2009
It is very natural that what you earn is earned basically for loosing. Our day to day needs are fulfilled with the money we earn for living a life in a better way but of us don’t want to loose money in paying taxes. Paying taxes pinches us as it is our hard earned and we definitely don’t like it going in the hands of govt. as there is no proper utilization of money from govt.
There is no doubt that where we people are living has developed in many ways but still there is lot of money that we pay to our govt. in form of taxes. But where is all money gone is it in the pockets of govt. or is it really utilized for our welfare. The answer is no, we don’t regret that govt. is not doing anything it has built many schools, hospitals, New York metro on which it has worked really hard, shopping malls where we can shop conveniently under one roof but still there is lot to do more.
Our govt. is paid in crores in form of taxes and it is increasing rapidly because each one is earning more and more and is paying large amounts in taxes. More you earn, more you loose in paying taxes in fact we are paying more only to improve our standard of living. When our govt. utilizes our hard earned money then there is no issue on paying tax but when govt. is not utilizing our money in a correct then why should we pay taxes? Let me explain, this again, if you are in California and oyu are a business person you need a california tax lawyer to help you, mainly because without a serious tax lawyer you will end paying more sooner or later.
When public don’t pay taxes on time than govt. imposes fines and penalties on us and when govt. doesn’t utilize public money then there are no fines and penalties. Why this kind of discrimination is done why public is treated like this and govt. doing such unfair practice but still they are not punished and penalized. Why is govt. treated to be God just because they have power in their hands and general public don’t has power.
Everybody should stand for wrong practices that are taking place from several of years and are not even stooping after so many years. If paying tax is a liability then govt. should even understand taking care of public money and utilizing money in a proper way is also a liability of govt. Everybody should understand his or her rights and duties in so that nobody can blame on each other.