TAX AVARICIOUSNESS

The taxation systems under which we labour are no blessing. I hate how 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. It is 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 can 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.