TAX AVARICIOUSNESS

The taxation systems under which we labour are no blessing. I loathe how small and medium-income earners are robbed by a system that allows many ‘outs’ for those earning much more than the small-wage earner. I feel it grossly unfair for the taxation systems to be so convoluted and unstraightforward. Those who want to do things honestly are often left ignorant of legitimate deductions because the knowledge they need to effect those deductions is shrouded and unclear. On the other hand, magnates, huge companies, and CEOs who earn hundreds of thousands and millions of dollars are able to find their way around the system through the astuteness of tax accountants. Tax rules running to thousands of pages impact those who earn far less – and who, through lack of knowledge and understanding, pay far more than the rich.