6. TAX AVARICIOUSNESS

The taxation systems under which we labour are no blessing.

I abhor the way in which small and medium income earners are robbed by a system that allows lots of ‘outs’ for those who earn a whole lot 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 in ignorance of legitimate deductions because the knowledge they need to effect those deductions is shrouded and unclear.  

On the other hand, magnates, huge companies, CEO’s who earn hundred 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 on those who earn far less – and who through lack of knowledge and understanding pay far more that the rich