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Why is it bad that corporations pay taxes? Ignoring your use of sexual language to that effect, I don’t see why companies get to use tax havens to avoid paying

by xctr94 3y ago

Why is it bad that corporations pay taxes? Ignoring your use of sexual language to that effect, I don’t see why companies get to use tax havens to avoid paying for the Common Good that serves everyone (regardless of how much % you think it should be).

Ylpertnodi 3y ago
[flagged]
yieldcrv 3y ago
I didn’t write it was bad, I wrote very specific words. They aren’t the recipient, just like Brazil, or Canada, or any random country isnt. If thats hard for you to understand, thats exactly what I’m trying to point out: it shouldnt be hard to understand. The “Common Good” isnt paid for by taxes, its paid by debt issuance and the taxes and other revenues pay the interest. This means that the things that would be funded already are funded, and no tax collection influences that. Regarding “tax havens”, this is also hubris. A high tax country that doesnt know how to balance its budget has a term for a low tax nation that operates within the confines of its budget. The Cayman Islands has legislated a tax, its just at 0% right now because they dont need the money that way. They found something competitive to raise enough revenues and didnt get involved in other things. Its nobodies problem that this is now impossible for the other country from its poor spending habits. Maybe one day you’ll see your blind spots. What I described is the reality that exists, it is already compliant to operate this way and that’s very unlikely to change. Countries compete on competitiveness for business.
- xctr94 3y ago
  You picked one of the most unequal, lowest Gini countries ; one known for tax havens at the cost of quality of life for its people. In the EU we have Ireland, which many will tell you isn’t being run well. I don’t want to disagree with you for no purpose: I agree countries need to keep their spending in check. I live in a country that is far too generous on the wealthy (no substantial capital gains tax, corporations get lots of tax breaks). Are we competitive? No. In fact, a decent portion of graduates prefer moving to neighboring countries that offer better quality of life. Governments don’t exist to serve corporations. They are elected for and by the people. If all countries on Earth had the same corporate tax, this discussion would be very different.

by xctr94 3y ago

Ylpertnodi 3y ago

[flagged]

yieldcrv 3y ago

I didn’t write it was bad, I wrote very specific words. They aren’t the recipient, just like Brazil, or Canada, or any random country isnt. If thats hard for you to understand, thats exactly what I’m trying to point out: it shouldnt be hard to understand. The “Common Good” isnt paid for by taxes, its paid by debt issuance and the taxes and other revenues pay the interest. This means that the things that would be funded already are funded, and no tax collection influences that. Regarding “tax havens”, this is also hubris. A high tax country that doesnt know how to balance its budget has a term for a low tax nation that operates within the confines of its budget. The Cayman Islands has legislated a tax, its just at 0% right now because they dont need the money that way. They found something competitive to raise enough revenues and didnt get involved in other things. Its nobodies problem that this is now impossible for the other country from its poor spending habits. Maybe one day you’ll see your blind spots. What I described is the reality that exists, it is already compliant to operate this way and that’s very unlikely to change. Countries compete on competitiveness for business.

xctr94 3y ago
You picked one of the most unequal, lowest Gini countries ; one known for tax havens at the cost of quality of life for its people. In the EU we have Ireland, which many will tell you isn’t being run well. I don’t want to disagree with you for no purpose: I agree countries need to keep their spending in check. I live in a country that is far too generous on the wealthy (no substantial capital gains tax, corporations get lots of tax breaks). Are we competitive? No. In fact, a decent portion of graduates prefer moving to neighboring countries that offer better quality of life. Governments don’t exist to serve corporations. They are elected for and by the people. If all countries on Earth had the same corporate tax, this discussion would be very different.