Message from @notaglobe
Discord ID: 674357525742616625
You get punishment taxes for violating social norms etc
As in... You get taxed less if you're doing good
Yes that's what I mean
So like, dumping shit in the river, bad move cunt, 10% tax
yup
holy fuck
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.
Fair
interesting
uhhh that is far too broadstroke
business != wealthy
and person != poor
I dont think that's what it says
its implied
It is, but taxes have to be applied broadly
I think the general is that normal employees are not uber wealthy
However you manage them
And that businesses are generally wealth holders/creators
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.
Want the benefit? Pay the cost, etc.
you'd just have businesses pull out and place their HQs in the EU
@notaglobe Not limited to that, as Government does a lot more.
you'd need the threshold to be too high to sustain the outpour from the Exchequer
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.
Cant we cull the government size
It would be a corrolery of this form of taxation, as the funds simply could not be raised from business alone.
Personal income tax was only introduced in the west by the world wars. Before then taxes were primarily sales and business taxes.
Itd be nice if we had sovereign wealth funds
Maybe we could take prince Philip's duchy
Given that it seems to be a bit predatory
I'd be fine setting up an international Trade annex, specifically with the intention of exploiting the tax loopholes, corruption, poor governance, and shitty business laws of other country, similar to what the City of London, currently already does, but I'd restrict their operations and scope to only being within the city limits, and abroad.
What laws are you thinking of rn in terms of the city?
So they can't operate in the rest of the UK?
While person to person being predatory is bad, on the international stage... its the way of the world. The only way nations improve is through competition, so they'd be best to adopt laws that prevent international exploitation of their business and tax laws.
The basic principle would be that if the City wanted special laws that allows them to operate however they see fit, then I'd want their behaviour limited to the rest of the planet...
No reason we should destroy the city of london, just protect ourselves from any schenanigans.
It's almost like whitehatting
We will openly exploit you until you make it better
More like black hat,