What is the offshore sector to do? Many offshore centers have begun to take steps to strengthen reporting requirements in an attempt to alleviate fears that these tax havens are also hotbeds for money laundering. Yet,in the process,offshore private banks' primary competitive advantage over their onshore counterparts will surely be weakened.
The EU schould close all borders to the Tax Heaven enclaves until they accept clear rules without tricks. The US schould close their airports and ports to the in the carribian like they do with cuba.
Taxes don't just help pay for all the things that make a healthy society, they can also be used to lessen inequality. If you heavily tax high wealth and high income, then money and power doesn't accumulate at the top as much. More equal societies are healthier societies.
We need a democratic discussion on tax..but how do you have that- most of the media is owned and controlled by the rich folks. And I don't think they would cough up at 20%- this shouldn't be optional. You can't opt in and out of democracy.
guess what ? when you make taxes unpayably high, they won't be payed...how about a Flat Tax ? all those basic services you mentioned can be funded with a 20% flat tax.
What is the offshore sector to do? Many offshore centers have begun to take steps to strengthen reporting requirements in an attempt to alleviate fears that these tax havens are also hotbeds for money laundering. Yet,in the process,offshore private banks' primary competitive advantage over their onshore counterparts will surely be weakened.
6000deepsead 1 week ago
The EU schould close all borders to the Tax Heaven enclaves until they accept clear rules without tricks. The US schould close their airports and ports to the in the carribian like they do with cuba.
efg36 1 week ago
F%$k u, tackletaxheavens! No way I'm paying taxes EVER. Tax heavens offers smart people an opportunity to make lots of cash.
Dolud 2 months ago
Taxes don't just help pay for all the things that make a healthy society, they can also be used to lessen inequality. If you heavily tax high wealth and high income, then money and power doesn't accumulate at the top as much. More equal societies are healthier societies.
laurenmichellekinsey 3 months ago
We need a democratic discussion on tax..but how do you have that- most of the media is owned and controlled by the rich folks. And I don't think they would cough up at 20%- this shouldn't be optional. You can't opt in and out of democracy.
gailbradbrook 3 months ago
Great Video!
FairPensions 3 months ago 3
guess what ? when you make taxes unpayably high, they won't be payed...how about a Flat Tax ? all those basic services you mentioned can be funded with a 20% flat tax.
hayden50 3 months ago