Message from @BIBOMO

Discord ID: 628346814416027658


2019-09-30 21:37:10 UTC  

Which is why you can't just watch liberals get owned videos and become an expert.

2019-09-30 21:37:52 UTC  

@Pelth Maybe you'll learn something. https://youtu.be/ULG2sCqBLuk

2019-09-30 21:38:31 UTC  

most people have no value to society

2019-09-30 21:38:49 UTC  

they just shouldn't even be around, much less supported

2019-09-30 21:39:01 UTC  

they are leeches

2019-09-30 21:39:04 UTC  

How so?

2019-09-30 21:39:18 UTC  

their net cost to society is higher than their net value

2019-09-30 21:39:25 UTC  

When you say "most people have no value to society" can you justify this.

2019-09-30 21:39:26 UTC  

oh boy

2019-09-30 21:39:30 UTC  

Yes, give me some statistics.

2019-09-30 21:39:50 UTC  

And what classes as "no value".

2019-09-30 21:40:19 UTC  

Based on what I just read the VAT tax has had mixed success world wide. It has potential to create higher tax revenue for governments but increased the cost of products basically driving inflation because ultimately it is always the consumer that pays the tax. I still say this is a heavily bureaucratic burden on businesses. The better solution is to create more better paying jobs thus increasing the tax paying base. we also would not need to raise taxes if the government reduced spending and got rid of the debt.

2019-09-30 21:41:49 UTC  

We wouldn't need to raise taxes if our countries most successful companies actually paid their taxes...

2019-09-30 21:42:13 UTC  

you're living in a fantasy land fetty

2019-09-30 21:44:26 UTC  

Read up Pelth.

2019-09-30 21:45:36 UTC  

It reinvests its profits

2019-09-30 21:45:41 UTC  

so it has none

2019-09-30 21:45:54 UTC  

I do think we need to make it easier for people to aquire patents and create businesses. Our financial education in school also needs completely changed. we have lower income people using credit to live above their means. we have taught by example and through our education that credit is ok which can be if used properly.

2019-09-30 21:46:22 UTC  

Donald Trump: Amazon is getting away with murder tax-wise.

2019-09-30 21:46:35 UTC  

It is very easy to start a business.

2019-09-30 21:46:40 UTC  

sure, but it has no profits to tax because it spends it all

2019-09-30 21:46:48 UTC  

they pay taxes in many other areas though

2019-09-30 21:46:54 UTC  

> based on what I just read the VAT tax has had mixed sucfess world wide.

What have you read?

> it has potential to create higher tax revenue for governments but increase the cost of products, driving inflation because ultimately it is the consumer that pays tax.

Governments will almost always tax products that are price inelastic, giving them guranteed income. VAT alone does not cause inflation, only a long term expansion of monetary base does that.

> I still say this is a heavily bureacratic burden on businesses. The better solution is to create more better paying jobs, thus increasing the tax paying base.

Creating jobs comes with burdens, this isn't an easy way out. Higher wages would increase production costs, and you guessed it, inflation.

2019-09-30 21:48:16 UTC  

https://cdn.discordapp.com/attachments/513098448640278539/628347405045202954/unknown.png

2019-09-30 21:48:28 UTC  

there are more taxes than just income tax

2019-09-30 21:48:31 UTC  

or are you stupid

2019-09-30 21:49:01 UTC  

I do not have the answer to this issue. I do like to hear other perspectives and maybe learn a thing or two. Thanks for the discussion @Deleted User

2019-09-30 21:49:46 UTC  

Np. I suggest reading Sowell's basics of economics book if you're getting into economics.

2019-09-30 21:50:14 UTC  

Ill look it up

2019-09-30 21:50:14 UTC  

GG @BIBOMO, you just advanced to level 2!

2019-09-30 21:50:34 UTC  

https://cdn.discordapp.com/attachments/513098448640278539/628347988456112128/Sowell_Thomas_-_Basic_Economics_-_5th_Edition_2014_Basic_Books_9780465056842.epub

2019-09-30 21:50:36 UTC  

No need.

2019-09-30 21:50:49 UTC  

Thanks!

2019-09-30 21:50:52 UTC  

Thanks for the trojan virus

2019-09-30 21:50:57 UTC  

Nah I'm playing

2019-09-30 21:50:59 UTC  

Lmao

2019-10-01 16:54:12 UTC  

Quarantine and Scan is a gift from god