Other than benefiting from the police, good roads, and financial aid, I pay taxes because I like having good credit. If you don't pay taxes, there is no way you can establish income. Why do you need to establish income? To get loans, to finance a car, to mortgage a home, to rent an apartment, to do pretty much anything that relies on YOU being TRUSTWORTHY.
I was turned down for a loan today, despite having a credit score of 700 and tons of cash in the bank. Why? Because I paid no taxes last year. I didn't pay taxes because I didn't work. The loan officer said that I need about 2 years of steady self-employment (with proof) before I get an underwriter's approval.
Argh. I wanted this loan to pay off my credit card, the one that went from 7.99% to 18.49% APR. Magically.
I opened a new card (I hated doing it.) and am getting a 0% APR on balance transfers so it all worked out.



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