RE: Is It Too Late to Save Precious Metals?
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Firstly tax is never to help the poor, tax only benefits the people in government.
My reasoning is every country is woking from a debt point of function.
Which means they could borrow to help the poor the govenment is already in world debt so solving the poor people issue could be solved easily.
The tax act in it's self of helping the poor is not accurate regardless of the lies spun by rich government official.
It is no different here in Canada, the Government only enrich themselves under veil of helping the poor, but they continue to get poorer and more numerous. The Christian Bible says,God loves a 'cheerful giver' and not out of obligation or under compunction but rather out of love. There are poor already among my neighbors, people that I know are struggling. How could I not help a neighbor I love?
Yeah, but I just got to know about the Shariah law a tiny bit better from my colleague in Malaysia, the tax is a religious tax for the poor (supposedly) and it can be used to relief income tax.
They must keep the receipt because it is an annual recalculation.
In Malaysia, Christian tithes are not recognised by the government hence there is no tax exemption; but any elderly above 65 gets free medical from general hospitals because of the concept of taking care of the old in medical expenses (but family members must bear taking care of them personally should they are hospitalised unless in need to work or a caregiver to another elderly at home like me in my recent case of my dad's hospitalisation due to septic shock from blood infection)