>>Why not call a spade a spade ?
>>Paying income tax not corrected for loss of buying power will result
>>in less buying power compared to the start of the period
>>most of the time.
>>We can surely both find examples,
>>but I am pretty sure my examples will fit reality better or more often.
>
>Oh with the current system you get very little for yourself.

I made a rough calculation using statistics for 1-year interest, yearly inflation
and only 15% tax rate (doubtful if 1 year horizon qualifies for the lower 15% bracket)
and from starting from 2000 you end in 2010 with 96.7% of your purchasing power.

...
>And, saying that, I don't mind the existence of the tax somewhere, but this way of accumulating power in the state has gotten out of hand long ago. We're paying so many taxes (regardless of the country) that it's ridiculous.

There were revolts because 10% was passed. Somehow unbelievable today...

>And what are we buying with that money? Laws that benefit corporations, propaganda to convince us it's for our own good, police to protect the system from us, and salaries for the tax enforcers.

The price of having parliaments stuffed with civil "servants", lawyers, tax specialists
as well as civil servants in ministeries making sure they will be always needed.

>Times are tough.

We as humans will always find something to bitch about ;-)

regards

thomas