Easy!

The opposition party put forward a bill to reduce income tax.

Tax officials are zeroing in on income tax evasion.

It's a vicious circle.

An income tax is levied on any income that exceeds deductions.

At the till, we are all equals.

The income from this source is tax free.

We pay an income tax at varying rates according to the size of income.

The IRS might consider that to be income

Poorer households were to be paid a net payment by the state.

This tax is not paid by whoever brings the Latte Macchiato, but by whoever drinks it.

And so how much would be spent on taxes?

In Japan, the payroll tax is usually withheld from the monthly salary.

A special tax is imposed on very high incomes.

Income tax, on the other hand, pretends as if income were the real fruit of my labor because my income is what I bring back home.

Donations to philanthropic programs are tax exempt.

A man of wealth has to pay a lot of income tax.

But there are also taxes in the price, that can't be seen, and that arise during the value adding chain.

The income tax rate increases in proportion as your salary rises.

The income tax rate increases in proportion to the salary increase.

Japan is rather different though.

Just the income tax, for example.

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This is the reality of the welfare state today.

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More unemployment results in less tax revenue through income tax.

And enough is being produced.

Wages contain income tax, costs for fringe benefits and social costs.

But in fact, both shares are paid by the company from the money which, as I mentioned before, comes from the customers.

The government decided to impose a special tax on very high incomes.

Or you could say the model is very, very, very sensitive to that assumption.

The most obvious solution is to take from those who earn the most.

Those who can afford it, can reduce their income before it is taxed so that an income tax becomes ineffective.

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So this is what it looks like, if tax is added to the end product as a lump sum.

Now, I was paid in dollars as a consultant, and I looked at my income tax return and tried to ask myself

He calls it an expense or consumption tax and is of the opinion that VAT should be our only tax.

I should say that to deal with this, we've got to deal with the post tax things and the pre tax things.

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The state would already have the money for a basic income, through the taxes it receives.

paid directly by the consumer the cost of fringe benefits and income taxes.

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So what I did was I took those voicemails, and with their permission, converted them to MP3s and distributed them to sound editors who created short sounds using just those voicemails.

Milton Friedman prioritized a lean, free market economy.