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In the EU VAT returns (Sales tax) are made monthly so we could have a monthly index of those. Employee wages are taxed weekly / monthly both income tax and nat
by SixSigma 11y ago
In the EU VAT returns (Sales tax) are made monthly so we could have a monthly index of those.
Employee wages are taxed weekly / monthly both income tax and national insurance (which are used for social welfare etc.) and employers contribute to national insurance - these could be reported.
We give companies limited debt liability in exchange for the social good they perform through their activities, a concept introduced in the 19thC.
It is announced daily on the news the value of the stock exchanges, I don't think it is entirely crazy to do the same for contributions to the society that bears the cost of default.