Perturabo -> RE: Price presentation moan (2/20/2011 7:22:40 PM)
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ORIGINAL: Obsolete Anyhow, before I go on another rant in that direction, the VAT I believe is regressive, not progressive. At least that's what I remember back in Economics 101. The problem is that the poor income family who scrapes by on 30$ G a year, spends most his cash on items which are under a form of VAT. The guy who brings home 100$ K a year, may also spend roughly about 30K of that on similar items, and hence pay the same amount of vat, HOWEVER, the rest of his cash can be spent on investments and other securities which don't fall under VAT and hence, according to theory by the Tax-Man, is getting a bit of a free ride somewhere in there, despite the higher brackets. Also, when one owns small business, a lot of stuff can count as investment and can be deduced from VAT. For example a company computer may also be a high end gaming rig. Company furniture can double as home furniture when working at home. It's actually encouraged for small companies here. The downside is that this line of thinking encourages insane spending just to not be the one that pays VAT which results in a someone living on high level but ending up without any savings, which may end in a big debt. IMHO it's better to lose 20% of money in VAT tax and keep the rest than end up with an "investment" that doesn't really bring any income and without financial security. quote:
ORIGINAL: Obsolete quote:
You should try paying it sometime, before saying something that [Expletive Deleted]. I do end up paying it all the time... well unless it's groceries or other basic needs :P And while it can seem painful at times, at least I like to look at places like Sweeden which IIRC have to pay 1/4 the whole price just in vat (ouch!). That really doesn't make me FEEL as bad when taken into consideration. Now, to the Original thread poster, I suppose if the VAT due to Matrix-Games titles is being crippling, you could try to incorporate your home-gaming room, and then see about deducting your game expenses that way :P The only hitch is you may be in the hot-seat when you get an audit notice in the mail by Mr. Tax-Man. I wonder if such thing would be possible to pull off. I usually play wargames and work at the same time. Maybe, it could count as a program for increasing worker's efficiency or decreasing no-work time? AD-HD attention aid?
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