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<blockquote data-quote="Jack_Sparrow" data-source="post: 26874920" data-attributes="member: 106688"><p>This is so wrong. USA you will not pay 40-50% taxes. 10million LKR per year means just 50000USD annually. With all the taxes its just 18.28% for a married person. For a single it will be around 23%. For that living condition in those countries its more than enough. Thats the reason each year people try to migrate to those countries.</p><p></p><p>[ATTACH=full]143711[/ATTACH]</p><p></p><p>In SL 1 lak is not a big salary as everyone thinks. If you even earn 2laks. If you buy a decent sedan or suv or will pay 40laks for taxes. Lets say you use that car for 5 years. Monthly you have paid around 66000 for taxes. From a person who earns 2laks its almost 33% from your salary. Whenever someone buys a car they have already paid a huge amount on taxes for the government. Lets not talk about all the indirect taxes on goods. That's more than enough for the healthcare or education service they provide now.</p><p></p><p>Its not low taxes has ruined the economy, its all about corruption and waste has done all of these. If the government is transparent and efficient and there are benefits for tax payers, anyone would pay 10%.</p><p></p><p>If you want to forget about vehicles for public, lets start with ministers by cancelling all the permits and let them enjoy public transport or ask them to pay taxes as citizens <img src="/styles/default/xenforo/smilies/default/happy.gif" class="smilie" loading="lazy" alt=":)" title="Happy :)" data-shortname=":)" /> A minister would get a permit which will save 12m from taxes. if you divide that by 5 years it will be 2laks per month</p></blockquote><p></p>
[QUOTE="Jack_Sparrow, post: 26874920, member: 106688"] This is so wrong. USA you will not pay 40-50% taxes. 10million LKR per year means just 50000USD annually. With all the taxes its just 18.28% for a married person. For a single it will be around 23%. For that living condition in those countries its more than enough. Thats the reason each year people try to migrate to those countries. [ATTACH type="full" alt="Screenshot 2021-09-13 at 20.46.50.png"]143711[/ATTACH] In SL 1 lak is not a big salary as everyone thinks. If you even earn 2laks. If you buy a decent sedan or suv or will pay 40laks for taxes. Lets say you use that car for 5 years. Monthly you have paid around 66000 for taxes. From a person who earns 2laks its almost 33% from your salary. Whenever someone buys a car they have already paid a huge amount on taxes for the government. Lets not talk about all the indirect taxes on goods. That's more than enough for the healthcare or education service they provide now. Its not low taxes has ruined the economy, its all about corruption and waste has done all of these. If the government is transparent and efficient and there are benefits for tax payers, anyone would pay 10%. If you want to forget about vehicles for public, lets start with ministers by cancelling all the permits and let them enjoy public transport or ask them to pay taxes as citizens :) A minister would get a permit which will save 12m from taxes. if you divide that by 5 years it will be 2laks per month [/QUOTE]
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