Do Government decisions affect your purse?

[bestwriter]

Here in India the rich are taken care of more than the poor. It is the rich man's money that shows that India is doing well economically.

 

[Shavkat]

I think it can affect the locals with changes of rate of taxes. It is what the locals are whining about.

 

[nomad]

I do not generate income locally, I make money international, my clients are from other countries, therefore, the local government decisions rarely affect me

 

[timewo]

In the internet sector, the government agencies are openly involved in massive financial fraud on some domain investors falsely claiming that lazy greedy fraud government employees who do not pay expenses, own the domains of a private citizen who is paying a large amount of more than $4000 annually for domain renewals. This government financial fraud has caused great losses for the domain investor and denied her a life of dignity.

 

[Ratine]

Here in India the rich are taken care of more than the poor. It is the rich man's money that shows that India is doing well economically.

The same applies to that in my country. Poor people would continue to be poorer and poorer while the rich continue to gather riches

 

[bestwriter]

I do not generate income locally, I make money international, my clients are from other countries, therefore, the local government decisions rarely affect me

What about income tax on your earnings. Are those earnings tax free or you do not declare them.

Post automatically merged: May 11, 2024

I think it can affect the locals with changes of rate of taxes. It is what the locals are whining about.

Both income tax and GST are a load on ordinary people and that added to high price of commodities living becomes difficult

 

[You]

Absolutely. Government decisions have a direct impact on my finances. Tax policies, inflation rates, and economic reforms all influence my purchasing power and savings.

 

[Kera]

Government decisions like interest rates affect my purse because it would affect the cost of production and the amount I have to spend on essentials.

 

[Springtime]

Definitely. Government policies do have a direct impact on my personal finance. Taxation rate, public transportation fare, water and electricity bills all affect my purse.

 

[Etini Willie]

Government decisions would always affect the financial life of the citizens of their country. Taxation is one instance that it does.

 

[Sawe]

Yes, government decisions can have a great impact on my finances. For instance, tax decisions will determine the price of most of the things I need for daily use.

 

[cherry123]

Definitely, Government decisions have a direct impact on people's finances.like what we are suffering now iny country with high inflation rates.

 

[Fidelia]

Government's decisions affect the purse of every citizen of a country. It doesn't matter if you're a business person or an employee.

 

[IB D]

The federal government of my country decided to remove fuel subsidy on its first day of inauguration. It has really affected my financial life as money hardly lasts in my hand due to resulting inflation.

 

[freelancermaria]

Yes, that is right. Inflation really reduces my spending. Dealing with fluctuating income becomes even tougher when prices go up.

 

[Hate2Wait]

I am not sure of other countries Government but Indian government do have some silly policies and way to make people pay more tax and they don't even use that for public welfare

 

[eldavis]

There are certain decisions the government have made that is greatly affecting the economy, and in turn affecting my purse.

 

[Min George]

When the government removes subsidy on some products, it would definitely affect my pocket because I would have to spend more to access that product.

 

[Rubz]

Yes, the government's decisions affects my purse indirectly on directly. I believe that the government's decision affects the purse of every citizen in the country, it's just that some might not notice it.

 

[Hate2Wait]

Government decisions always affect our decisions because the government can play with its tax rates and affect us on a daily basis like when they change taxes on petrol