Reply To: Personal income tax-voluntary?

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#21098
maggoo fox
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On the front page of your “tax return”, it specifically asks if you will be lodging next year. If you indicate you will be, then they will come after you. Also, you don’t earn and “income”, you earn subsistence- which no tax is payable. Income is money that is earned by business and these are the profits. Tax was introduced in, I think, 1936 for businesses – but it was only from the profits that didn’t require any energy or exertion from the living man or woman and it was for a token amount 2.5%. They then extended it, with the excuse that the country needed funds to help it get on its feet from the war – and it has remained and increased staggeringly!