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https://archive.ph/Kj973 https://archive.ph/Kj973 Besides that, a little disappointing seeing as the author traveled to the Faroe Islands only to write little
by DemocracyFTW2 4y ago
https://archive.ph/Kj973 https://archive.ph/Kj973
Besides that, a little disappointing seeing as the author traveled to the Faroe Islands only to write little about their tax system but a lot about the U.S. one.
I'm strongly of the opinion that all tax claims should be made by the state as close to the point of "origination of profit" as possible. This already happens with a lot of Value Added Taxes where you've done your due the moment you deposit your money at the cash register. Imagine you were handed out tax invoices instead that you have to collect, fill out forms and pay for no later than X weeks after the purchase. Yet this is what we're seeing with a lot of taxation, and this is IMHO only a minuscule fraction of what is wrong with these systems.
- jonsen 4y ago> ... little about their tax system ... There's not much more to say, it just works blissfully (I lived there for 9 years). > ... but a lot about the U.S. one. Well apparently there's room for big improvements there.