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This'll be hard to do when voting power in corporations is directly tied to paper wealth. Although one idea I was playing around with in my mind was around whe
by eganist 5y ago
This'll be hard to do when voting power in corporations is directly tied to paper wealth.
Although one idea I was playing around with in my mind was around whether the tax could be made payable in public stock, provided that the voting rights are still assigned to the holder for a guaranteed minimum window (5 years?) that could extend pretty much indefinitely until the government chooses to close a position, e.g to pay for things.
I have no idea how good or bad an idea it is, but it's an idea.
- varispeed 5y agoOr you can request their books, highlight fake arrangements that hide profits, slap tax on them. Job done. Easy. Don't even need to change any laws. E.g. what is this IP charge by Cayman company that belongs to you as well? NON DEDUCTIBLE.