Taxes: What to Pay, By Whom to Pay and Punishments for Evasion

People who complain about taxes can be divided into two classes: men and women.  Anonymous We can all agree that paying tax is something that people have complained about for centuries. The famous line, ‘Is it lawful to pay taxes to Ceaser?’ easily comes to mind.  This begs the question, what are taxes and why should…

Taxation: Definition, Benefits and Limits

After the establishment of the American constitution back in 1789, Benjamin Franklin wrote in a letter a quote that has now become world famous. He stated that nothing can be said to be certain in this world except death and taxes. While for argument sake there may be other certainties in life, it is a…