Why are Taxes So Expensive In Vietnam?

Taxes, Taxes, Taxes.. Should we pay them?

• For most of us simpletons the understanding of our monetary system, how it evolved and how it contributes to our daily lives is beyond us. Including me. But look up the Bretton Woods System if you are so inclined to try. In reading it I came across this quote about the decline of the dollar. . The Vietnam War and the refusal of the administration of U.S. President Lyndon B. Johnson to pay for it and its Great Society programs through taxation resulted in an increased dollar outflow to pay for the military expenditures and rampant inflation, which led to the deterioration of the U.S. balance of trade position. It is our inability to pay for our government that is causing the problem. Government is a necessity and if you read Bretton Woods and about Keynesian Economics you understand the need for the Social Expenditures that Government takes on. In a nut shell, Government and what ever wealth you are able to amass in your life time is based on how well we all do. Healthcare, Education, Jobs are important to all of us, Rich and poor. That' why the Rich share more of the load. Full employment strengthens their position and eventually comes back in making more money. Our problem right now is that our educational system is faltering, Health care is strangling us and our good paying jobs have slipped from our grasp. So American Dominance economically is waining. There needs to be a new wind in Washington... We need to pay taxes to bring down debt and support ourselves. We need to tighten our belt, but we need to also help each other to bring us back to solvency. To that end, the rich need to pay more than their share. It has been the greed of Wall Street and the failure of Wall Street to realize that their system depends on the solvency of our system. They can't bleed the system and jack up Real Estate in the name of profit and not feel the pain it leaves in its wake as the majority of us can't afford what they are selling. I only got interested in this when as a United Airlines employee I saw them screw me and run away with my retirement. Prior to that I was ignorant like most of you, but at 61 and retired, I'm still learning. Signed: a Blue Collar worker.

• Answer:

  Payment of taxes is not optional.