|
|
Post by Pacifico on May 29, 2023 17:10:17 GMT
'Could' is doing an awful lot of heavy lifting here...  Especially when you look at how successful wealth taxes are in other countries....  |
|
|
|
Post by zanygame on May 29, 2023 18:33:57 GMT
'Could' is doing an awful lot of heavy lifting here... Especially when you look at how successful wealth taxes are in other countries.... There are 236,000 millionaires in Norway. 2,226 billionaires. 30 left. 🤣 |
|
|
|
Post by Toreador on May 29, 2023 18:58:00 GMT
There are 236,000 millionaires in Norway. 2,226 billionaires. 30 left. 🤣 What was the net gain or loss of tax revenue? |
|
|
|
Post by zanygame on May 29, 2023 19:00:20 GMT
There are 236,000 millionaires in Norway. 2,226 billionaires. 30 left. 🤣 What was the net gain or loss of tax revenue? No idea, just pointing out the ridiculousness of the claim. |
|
|
|
Post by zanygame on May 29, 2023 19:09:19 GMT
The only thing I've found so far is that Norway's tax to GDP rose from 38.8% to 42.2%. Which implies an increase.
|
|
|
|
Post by sheepy on May 29, 2023 19:24:11 GMT
No need really, just ban offshore accounts. With all pension funds kept onshore and ban multinationals moving money through offshore accounts.
|
|
|
|
Post by see2 on May 29, 2023 19:41:21 GMT
'Could' is doing an awful lot of heavy lifting here... Especially when you look at how successful wealth taxes are in other countries.... Starting a wealth tax at --- "If your net wealth is approximately $135,000 or more and you live in Norway, you've long been subject to a 0.85 percent wealth tax." --- is in a different world when talking about the super rich Billionaires in this country when, as posted in another thread, they sucked in a further 31 billion last year. This just looks like your inexplicable need to attempt to defend the excessively rich, again. As I explained on another thread, IMO those billionaires who upped sticks and moved to another country rather than pay the extra tax, are psychologically sick, they are amongst the excessively rich because of a psychological driver that forces them to earn/collect more and more wealth. |
|
|
|
Post by zanygame on May 29, 2023 19:41:56 GMT
No need really, just ban offshore accounts. With all pension funds kept onshore and ban multinationals moving money through offshore accounts. Banning a multinational from going offshore? |
|
|
|
Post by sheepy on May 29, 2023 19:43:25 GMT
No need really, just ban offshore accounts. With all pension funds kept onshore and ban multinationals moving money through offshore accounts. Banning a multinational from going offshore? No ban them from using offshore accounts. |
|
|
|
Post by zanygame on May 29, 2023 19:54:33 GMT
Banning a multinational from going offshore? No ban them from using offshore accounts. How do you ban a company who are already offshore from using offshore accounts? |
|
|
|
Post by sheepy on May 29, 2023 20:00:39 GMT
No ban them from using offshore accounts. How do you ban a company who are already offshore from using offshore accounts? Offshore accounts such as the Cayman Islands amongst others. Where the dark side of accounting takes place. |
|
|
|
Post by zanygame on May 29, 2023 20:28:21 GMT
How do you ban a company who are already offshore from using offshore accounts? Offshore accounts such as the Cayman Islands amongst others. Where the dark side of accounting takes place. Yes I am aware that there are countries that offer very favourable tax terms to companies who place their HQ within that jurisdiction. My question is how do you propose to tell a multinational company that is by definition based in multiple nations, where they can base their HQ. For instance how would you tell Amazon where they declare their accounts? |
|
|
|
Post by Toreador on May 29, 2023 20:31:10 GMT
Offshore accounts such as the Cayman Islands amongst others. Where the dark side of accounting takes place. Yes I am aware that there are countries that offer very favourable tax terms to companies who place their HQ within that jurisdiction. My question is how do you propose to tell a multinational company that is by definition based in multiple nations, where they can base their HQ. For instance how would you tell Amazon where they declare their accounts? Make them declare according their trading figures in Britain. If they disagree, revoke their ability to trade here. |
|
|
|
Post by sheepy on May 29, 2023 20:36:51 GMT
Offshore accounts such as the Cayman Islands amongst others. Where the dark side of accounting takes place. Yes I am aware that there are countries that offer very favourable tax terms to companies who place their HQ within that jurisdiction. My question is how do you propose to tell a multinational company that is by definition based in multiple nations, where they can base their HQ. For instance how would you tell Amazon where they declare their accounts? Simple if you stop them using offshore accounting they have no choice they have to declare real earnings from said country. They only get away with it because it is designed that way. It certainly isn't just Amazon either. But enough said about that for a minute. |
|
|
|
Post by sheepy on May 29, 2023 20:37:55 GMT
Yes I am aware that there are countries that offer very favourable tax terms to companies who place their HQ within that jurisdiction. My question is how do you propose to tell a multinational company that is by definition based in multiple nations, where they can base their HQ. For instance how would you tell Amazon where they declare their accounts? Make them declare according their trading figures in Britain. If they disagree, revoke their ability to trade here. Zany is thinking we are taking a stab in the dark. |
|
