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I live in UAE, there is no tax here, just capitalism, and life is good.

oblio 2y ago
> I live in UAE, there is no tax here, just capitalism, and life is good. https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emirates https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emi... All good, just burning the planet, nothing to see here, move along. https://condenaststore.com/featured/the-planet-got-destroyed-tom-toro.html https://condenaststore.com/featured/the-planet-got-destroyed... Also, LOL: > As of 2020, foreigners represent 88.1% of the population. + > UAE law does not allow trade unions to exist. The right to collective bargaining and the right to strike are not recognised, and the Ministry of Labour has the power to force workers to go back to work. Migrant workers who participate in a strike can have their work permits cancelled and be deported. Consequently, there are very few anti-discrimination laws in relation to labour issues, with Emiratis – and other GCC Arabs – getting preference in public sector jobs despite lesser credentials than competitors and lower motivation. In fact, just over eighty per cent of Emirati workers hold government posts, with many of the rest taking part in state-owned enterprises such as Emirates airlines and Dubai Properties. Western states, including the United Kingdom, were also warned by the Emirati Trade Minister, Thani bin Ahmed Al Zeyoudi to keep politics separate from trade and the economy, as it dilutes the agreements' main objectives. In 2023, Al Zeyoudi indicated that these countries should "tone down" the human and workers' rights provisions in the trade deals, in order to gain greater market access and business opportunities. So, yeah... When your workforce is disposable and cash squirts out of the ground, yeah, yay capitalism!!! if you're the right category of person, I guess.
sofixa 2y ago
There is corporation tax. And the emirates are super lucky with national resources, and don't use all of them for personal vanity projects. Is the government giving extremely generous allowances to its citizens based on profits from finite natural resources "capitalism" now? https://u.ae/en/information-and-services/social-affairs/social-welfare/social-welfare-programmes/social-welfare-for-low-income-nationals https://u.ae/en/information-and-services/social-affairs/soci...

> I live in UAE, there is no tax here, just capitalism, and life is good. https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emirates https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emi... All good, just burning the planet, nothing to see here, move along. https://condenaststore.com/featured/the-planet-got-destroyed-tom-toro.html https://condenaststore.com/featured/the-planet-got-destroyed... Also, LOL: > As of 2020, foreigners represent 88.1% of the population. + > UAE law does not allow trade unions to exist. The right to collective bargaining and the right to strike are not recognised, and the Ministry of Labour has the power to force workers to go back to work. Migrant workers who participate in a strike can have their work permits cancelled and be deported. Consequently, there are very few anti-discrimination laws in relation to labour issues, with Emiratis – and other GCC Arabs – getting preference in public sector jobs despite lesser credentials than competitors and lower motivation. In fact, just over eighty per cent of Emirati workers hold government posts, with many of the rest taking part in state-owned enterprises such as Emirates airlines and Dubai Properties. Western states, including the United Kingdom, were also warned by the Emirati Trade Minister, Thani bin Ahmed Al Zeyoudi to keep politics separate from trade and the economy, as it dilutes the agreements' main objectives. In 2023, Al Zeyoudi indicated that these countries should "tone down" the human and workers' rights provisions in the trade deals, in order to gain greater market access and business opportunities. So, yeah... When your workforce is disposable and cash squirts out of the ground, yeah, yay capitalism!!! if you're the right category of person, I guess.

sofixa 2y ago

There is corporation tax. And the emirates are super lucky with national resources, and don't use all of them for personal vanity projects. Is the government giving extremely generous allowances to its citizens based on profits from finite natural resources "capitalism" now? https://u.ae/en/information-and-services/social-affairs/social-welfare/social-welfare-programmes/social-welfare-for-low-income-nationals https://u.ae/en/information-and-services/social-affairs/soci...