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But not just your economy, I'm sure China feels the same way, as will the EU once they see what you raise... I think the recent reductions in the US tax are mo
by iguy 7y ago
But not just your economy, I'm sure China feels the same way, as will the EU once they see what you raise...
I think the recent reductions in the US tax are moves in this direction, which is good. And what else to tax, lots of countries administer VAT, it's not so difficult, and seems quite hard to dodge. But there are lots of other taxes, too. Income tax + 401k starts to sound like a consumption tax, too, only paid on what you spend right now, like VAT. We can adjust that however we like. And before the profits in Ireland can be turned into a bigger yacht for any owner, they have to be paid as dividends (or by selling shares) by some real person who lives somewhere, and we can tax that.