Taxes simply destroy money or unprint it, Government spending creates money by marking up accounts at the central bank and transferring it.
As long as the Government allows the automatic fiscal stabilisers to do their job it will simply equally mirror the private and foreign sector's net saving/de-leveraging desires. If politicians simply got out of the way our Government would fund our money need to pay of our debts and save.
There have always been loopholes and escape clauses for the super rich, be they individuals or corporations. They have been doing this as long as money has been used by man. It has now become global, and the amounts are staggering, wrecking nations, and now a world as global greed has become pandemic.Greed will bring the whole global system to its knees, to the point where we will all lose. For what good is vast amounts of money if all around you is a wasteland? Money junkies are now in control.
Taxes simply destroy money or unprint it, Government spending creates money by marking up accounts at the central bank and transferring it.
As long as the Government allows the automatic fiscal stabilisers to do their job it will simply equally mirror the private and foreign sector's net saving/de-leveraging desires. If politicians simply got out of the way our Government would fund our money need to pay of our debts and save.
WillOrng 4 months ago
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Much wealth is held by land ownership.
Land Value Tax takes away the economic rent of merely owning land and would avoid the problem of Trans National Corporations slippery accounting.
The money could be redistributed as a National Dividend tax prebate for everyone living here.
WillOrng 4 months ago
So tax 'avoidance' is theft now? Some fear of double-think.
f0b0m 8 months ago
There have always been loopholes and escape clauses for the super rich, be they individuals or corporations. They have been doing this as long as money has been used by man. It has now become global, and the amounts are staggering, wrecking nations, and now a world as global greed has become pandemic.Greed will bring the whole global system to its knees, to the point where we will all lose. For what good is vast amounts of money if all around you is a wasteland? Money junkies are now in control.
TRUEANGLO 11 months ago
Total tax theft by UK corporations is around £20 billion per year.
There's a reason why independent shops are driven out of business: they pay tax, corporations don't.
PhantaJisto 11 months ago