Message from @Comando

Discord ID: 674357005565165617


2020-02-04 20:50:57 UTC  

Maybe theres an argument to only seek tax receipts on certain transactions + corp tax

2020-02-04 20:51:16 UTC  

Like stock trading

2020-02-04 20:51:18 UTC  

So VAT?

2020-02-04 20:51:22 UTC  

No no

2020-02-04 20:51:31 UTC  

On business receipts

2020-02-04 20:51:36 UTC  

But this is pie in the sky

2020-02-04 20:51:56 UTC  

Maybe just like when money moves or transactions happen in money markets

2020-02-04 20:52:02 UTC  

You would have to impliment that strategy slowly.

2020-02-04 20:52:14 UTC  

For sure

2020-02-04 20:52:24 UTC  

Corporation tax should be based on how much societal good your company does

2020-02-04 20:52:41 UTC  

Not sure I can get on board for that

2020-02-04 20:52:46 UTC  

Maybe the reverse

2020-02-04 20:52:51 UTC  

At least partly, anyway

2020-02-04 20:53:01 UTC  

You get punishment taxes for violating social norms etc

2020-02-04 20:53:06 UTC  

As in... You get taxed less if you're doing good

2020-02-04 20:53:15 UTC  

Yes that's what I mean

2020-02-04 20:53:39 UTC  

So like, dumping shit in the river, bad move cunt, 10% tax

2020-02-04 20:53:43 UTC  

yup

2020-02-04 20:53:44 UTC  

holy fuck

2020-02-04 20:53:59 UTC  

The fact of taxation is that you must tax the productive elements of your economy, rather than the dregs. Business is the productive element of the economy, and therefore the majority of taxation should be levied there, as needs be. Taxing people after already taxing companies, simply shunts the burden of taxation from the wealthy, to the ordinary.

2020-02-04 20:54:17 UTC  

Fair

2020-02-04 20:54:20 UTC  

interesting

2020-02-04 20:54:24 UTC  

uhhh that is far too broadstroke

2020-02-04 20:54:33 UTC  

business != wealthy

2020-02-04 20:54:46 UTC  

and person != poor

2020-02-04 20:54:47 UTC  

I dont think that's what it says

2020-02-04 20:54:52 UTC  

its implied

2020-02-04 20:55:09 UTC  

It is, but taxes have to be applied broadly

2020-02-04 20:55:14 UTC  

I think the general is that normal employees are not uber wealthy

2020-02-04 20:55:15 UTC  

However you manage them

2020-02-04 20:55:38 UTC  

And that businesses are generally wealth holders/creators

2020-02-04 20:55:42 UTC  

The end goal would be to only apply taxation to those businesses which recieve market protections, enforced by the state, and bring the majority of people out of the need for it.

2020-02-04 20:56:03 UTC  

So patent holders etc

2020-02-04 20:56:09 UTC  

Want the benefit? Pay the cost, etc.

2020-02-04 20:56:31 UTC  

you'd just have businesses pull out and place their HQs in the EU

2020-02-04 20:56:44 UTC  

@notaglobe Not limited to that, as Government does a lot more.

2020-02-04 20:56:48 UTC  

you'd need the threshold to be too high to sustain the outpour from the Exchequer

2020-02-04 20:58:07 UTC  

Indeed. That can be solved by not recognising any business HQ's outside of your own country, and writing into law that all business done by a firm within the UK, or other, is in fact UK business. If the sales take place here its UK business. Production the same, etc.

2020-02-04 20:58:08 UTC  

Cant we cull the government size

2020-02-04 20:59:23 UTC  

It would be a corrolery of this form of taxation, as the funds simply could not be raised from business alone.