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Governments are bound by the international market of other governments. They have to balance their taxation morality claims with incentivizing investment to hav
by ringaroundthetx 9y ago
Governments are bound by the international market of other governments. They have to balance their taxation morality claims with incentivizing investment to have anything to tax at all.
They’ve missed that balance by a long shot. Oops.
Some places have attractive laws that attract investment. Some people lobbied for those specific laws and wrote them themselves. Think about how that happens. I would do the same as soon as some area breaks away into a new sovereign territory, separatists are too emotional to think about corporate income tax rates, ask for 0% and you’ll get it.
- sgt101 9y agoNapoleon says "no". You do that and then one day 300000 people show up with guns. The lesson of modernity is that citizen armies beat all other forces hands down every time; contractors may be incredibly skilled but at the end of the day they are not fighting for the future. This was what the Prussians found and the Soviets in Afghanistan. Taxation isn't about morality, it's about functionality. It's about economic efficiency and social management.
- ringaroundthetx 9y agoand when the masses come to expropriate the wealth of the rich and form their own sets of governances, they'll still only get to get what is on shore.