The biggest issue in Davos wasnt taxes and so on. It was that the robot revolution, while making things more efficient and lowering labor cost, would remove the consumer. Because as we know, buyers of "stuff" tend to be average working humans with a job. Robots do not create demand...
Genie co-efficient chart gives USA a poor number when it comes to social mobility,nowdays.The contrary for Scandinavian countries,Canada,Australia.Some food for thought...
Keep business taxes low and they have less motivation to move their money off shore. Try to take a big chunk of other people's money and they will move to protect it.
+Stranded in Utah LoL, you are naive. I bet you havent even heard about 3rd party tax heaven mark up tricks they use as well to avoid "profits" in their main Western markets and other tax avoidance tricks. Keeping taxes low does jack shit. It only hurts the nations tax revenue. You really think McD for example would leave a nation it makes millions in if taxes was upped? You think Burger King or insert whatever wouldnt want their marked share even if it mean a slight lower margin and so on...
arawshi They already are in some contexts... *Example:* Production nation : 10$ cost pr unit Low tax Mark Up nation : +80$ pr unit Marked nation: +10$ Product sold at 100$, but the company only tax in the real marked nation on the 10$ added to the "value" of the product there. In short a tax of 10% would then be: 10*0.1= 1$ 1/100*100= 1, which is 1% of 100 They would literally be paying 1$ tax instead of their true tax which should have been +90$ which gives the result 90*0.1= 9$ tax. *So, in this example, by only paying 1$ in tax they are actually paying 800% less taxes than they should be. Yet some people have the nerve to claim corporations are paying their "fair share"!*
I say we push the inequality to the point of necessity. Let's allow the banksters to rip people off until it's us vs. them. Fiat currencies can collapse, and you don't own anything I can take from you by force.
When thing. kick off think there money will help save the one percent.when half the population 5 billion people storms there shit because they had enough.
This is hilarious! It's like these idiots can't even think logically. A business sells a product or service. Any profits it makes comes directly from the consumers or investors. So, any TAX placed on any business is really a tax on the public, NOT THE BUSINESS. The companies will NEVER pay a dime of that tax, because the tax is taken from the PROFITS, which comes from the CONSUMERS. These fucking morons, by asking for a tax on businesses, are actually asking to pay more for everything. This is exactly why the poor can't get ahead, because of this kind of moronic thinking. The problem is the TAX. Get rid of the taxes, and you get rid of the avoidance.
krileayn Taxes for what? Crap? Any service handled by government, can be handled better by a real business. If it can't, then the people don't really want it.
+Medhue Companies focus on short term profits, why would they invest in schools for example? Profit is a good motivator but it's not enough on it's own, we need some system for long term planning, which was the function of government but this has been corrupted by corporations who buy the government to push their own short term agenda.
krileayn No matter how you try and construct things, you will be the 1 paying, not all these other entities that you want to force to pay. See, force is not a good way to organize a society, and it doesn't really work. It might seem to work initially, and then people react in their own interests, and things change again, and now you need a new tax or regulation. It's never ending. Instead, you could realize that it is only thru voluntary exchanges that all parties have the possibility of benefiting, and future growth. If you want cheaper education, then you make teachers and institutions compete. Right now, the institutions tell the children and young adults what to learn, when really it should be the other way around. This is way the students aren't getting much value from college anymore, as the colleges have the power, because of all the government programs and funding that goes to colleges. The students are no longer then customers, as now it is the state, because that is where the money get's approved. Me, in every situation, I want to be the customer, with choices. All your government programs are doing is limiting competition for the mega corporations, and giving them the rule book to write. The way to help the poor is to get rid of all these regulations that benefit the corporations, so the little guy can compete directly with them. Patents are another way corporations use the state to create monopolies. Patents are entirely a product of state intervention. If there were no patents, then any small competitor could compete directly with large corporations. Again, any time you see force being used, that is the problem, not what people do voluntarily, like putting money in tax havens.
freedom1234573 I'm actually 44, and have worked for myself for almost 10 years now. I live just outside of Detroit, where these failed leftist policies have destroyed the city. I'll be moving in a month to a place where there is actually no real local government at all, and where I can do as I please. The nearest real city is over an hour away.
"Your efficiency may be our avoidance" great line. But not nearly strong enough.
A mere 62 helicopter accidents and world GDP growth will go through the roof!
The biggest issue in Davos wasnt taxes and so on. It was that the robot revolution, while making things more efficient and lowering labor cost, would remove the consumer. Because as we know, buyers of "stuff" tend to be average working humans with a job. Robots do not create demand...
Where's the rest of the video?!!!!!
Genie co-efficient chart gives USA a poor number when it comes to social mobility,nowdays.The contrary for Scandinavian countries,Canada,Australia.Some food for thought...
Keep business taxes low and they have less motivation to move their money off shore. Try to take a big chunk of other people's money and they will move to protect it.
+Stranded in Utah
LoL, you are naive. I bet you havent even heard about 3rd party tax heaven mark up tricks they use as well to avoid "profits" in their main Western markets and other tax avoidance tricks. Keeping taxes low does jack shit. It only hurts the nations tax revenue. You really think McD for example would leave a nation it makes millions in if taxes was upped? You think Burger King or insert whatever wouldnt want their marked share even if it mean a slight lower margin and so on...
They would try to get around paying a 1% tax!
arawshi
They already are in some contexts...
*Example:*
Production nation : 10$ cost pr unit
Low tax Mark Up nation : +80$ pr unit
Marked nation: +10$
Product sold at 100$, but the company only tax in the real marked nation on the 10$ added to the "value" of the product there.
In short a tax of 10% would then be:
10*0.1= 1$
1/100*100= 1, which is 1% of 100
They would literally be paying 1$ tax instead of their true tax which should have been +90$ which gives the result 90*0.1= 9$ tax.
*So, in this example, by only paying 1$ in tax they are actually paying 800% less taxes than they should be. Yet some people have the nerve to claim corporations are paying their "fair share"!*
I say we push the inequality to the point of necessity.
Let's allow the banksters to rip people off until it's us vs. them.
Fiat currencies can collapse, and you don't own anything I can take from you by force.
When thing. kick off think there money will help save the one percent.when half the population 5 billion people storms there shit because they had enough.
No point telling business owners to make charitable tax payments. Change the rules you hypocrite.
This is hilarious! It's like these idiots can't even think logically. A business sells a product or service. Any profits it makes comes directly from the consumers or investors. So, any TAX placed on any business is really a tax on the public, NOT THE BUSINESS. The companies will NEVER pay a dime of that tax, because the tax is taken from the PROFITS, which comes from the CONSUMERS. These fucking morons, by asking for a tax on businesses, are actually asking to pay more for everything. This is exactly why the poor can't get ahead, because of this kind of moronic thinking. The problem is the TAX. Get rid of the taxes, and you get rid of the avoidance.
+Medhue How then do you finance a government without taxes? Not attacking you just trying to understand your point.
krileayn Taxes for what? Crap? Any service handled by government, can be handled better by a real business. If it can't, then the people don't really want it.
+Medhue Companies focus on short term profits, why would they invest in schools for example? Profit is a good motivator but it's not enough on it's own, we need some system for long term planning, which was the function of government but this has been corrupted by corporations who buy the government to push their own short term agenda.
krileayn No matter how you try and construct things, you will be the 1 paying, not all these other entities that you want to force to pay. See, force is not a good way to organize a society, and it doesn't really work. It might seem to work initially, and then people react in their own interests, and things change again, and now you need a new tax or regulation. It's never ending. Instead, you could realize that it is only thru voluntary exchanges that all parties have the possibility of benefiting, and future growth. If you want cheaper education, then you make teachers and institutions compete. Right now, the institutions tell the children and young adults what to learn, when really it should be the other way around. This is way the students aren't getting much value from college anymore, as the colleges have the power, because of all the government programs and funding that goes to colleges. The students are no longer then customers, as now it is the state, because that is where the money get's approved. Me, in every situation, I want to be the customer, with choices. All your government programs are doing is limiting competition for the mega corporations, and giving them the rule book to write. The way to help the poor is to get rid of all these regulations that benefit the corporations, so the little guy can compete directly with them. Patents are another way corporations use the state to create monopolies. Patents are entirely a product of state intervention. If there were no patents, then any small competitor could compete directly with large corporations. Again, any time you see force being used, that is the problem, not what people do voluntarily, like putting money in tax havens.
freedom1234573 I'm actually 44, and have worked for myself for almost 10 years now. I live just outside of Detroit, where these failed leftist policies have destroyed the city. I'll be moving in a month to a place where there is actually no real local government at all, and where I can do as I please. The nearest real city is over an hour away.