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by klez 2783 days ago
> Do you literally never take any deductions at all? Never expense anything? No mortgage or whatever? Have zero capital gains income of any kind an in turn never have any losses of any kind there?

Well, welcome to a part of the world were software development doesn't necessarily mean big money. I don't own a house (I share a room with my SO in an apartment with other two people and a dog), and I don't have anything invested because I don't have money to invest, so no capital gains of any kind. The only expenses I could deduct are for prescriptions and my glasses, which I don't do because the burden is too high for the kind of money I would get (think <100€ per year) and I don't buy drugs often anyway.

> if you then simply slap a tax on the revenue again and make the margin go negative now the business dies, simple as that, and all the flows cease. Is that actually your intention?

No, I was just asking why am I not taxed based on what I earn minus rent, food and transportation.

> Why not just seize it then and take it all for the government directly?

Why not, indeed? I mean, I get that a lot of people in here are libertarian, but that doesn't mean it's the only way. I'm not actually advocating for State ownership, I'm just saying it's not necessarily impossible to have such a system.