this post was submitted on 03 Aug 2023
1094 points (98.7% liked)
Political Memes
5204 readers
3139 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I live in Pakistan and we have been going through a terrible economic turmoil. On top of indirect taxes, the salaries of average people are taxed like crazy. Meanwhile, the businesses refuse to even come under the tax net. While inflation and currency devaluation are going crazy, and the government has been begging IMF for a bailout, government departments did mental gymnastics to provide relaxation to 5,000 out of 10,000 big retailers tax relief with bullsh*t reasons like size of their brick and mortar shops. I'm so sick of all of this. Sorry for the trauma dump. I've been incredibly frustrated.
Karachi still largely relies on paper money rather than cashless transactions (I live in the UK and hardly ever carry cash on me). So it wouldn't surprise me if businesses are underreporting their revenue so they can avoid paying taxes. If a business insists on cash in the UK, there's a good chance they're underreporting their revenue.
If a business insists on cash in the US, there's a good chance they're selling drugs on the side.
That's absolutely untrue