Comment by KPGv2
5 days ago
> The cognitive load of having so many different points of taxation
What in the world. The cognitive load of just paying the bill that was automatically calculated by someone else?
FIT is like the only thing that should occupy your brain at all, and I agree that in a sane world it'd just be a tax imposed on us with no deductions or credits, meaning no one even has to think about it.
A simple example would be how the prices displayed in stores aren't inclusive of tax. So if you're grocery shopping, you've got to keep recalculating the tax as you go to know your total in advance. For anyone on a tight budget, that sales tax impacts their buying decisions and mistakes could be costly. Property or income tax liability can also involve a lot of effort to calculate correctly.
If you're never had to worry about this, congratulations! But for many others its an extra level of stress and complexity that they'd prefer to minimize.