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How do taxes affect freedom?

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Anonymous

11y ago
Updated: 8/20/2019

This is a general question and the answer fits most nation's economies. This answer will pertain to individual freedom rather than corporate or government, both are affected by taxes. But back to the individual. With low taxes individuals keep more of their monies and thus have more economic freedoms to purchase or place into savings funds that with high taxes could not be as easily done. Thus the other part of the answer is almost already said. That is with high taxes, individuals have less economic freedoms, as they have less money.

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Wiki User

11y ago

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