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Post by zanygame on Jul 10, 2023 17:51:10 GMT
With educated and informed personnel, the escape route from typical Tory insinuation and denigration as shown in your post. LOL excellent. Load of bollox but at least it made me laugh. Simple things please simple minds  |
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Post by Pacifico on Jul 10, 2023 21:21:02 GMT
There is a cheap way and a difficult way to achieve growth. The difficult way is scientific progress which feeds into technology and engineering. The cheap way is to do a Liz Truss and borrow to pay for government spending. But Liz truss wasn't trying to achieve growth. She just wanted to move what little money there is left into the pockets of those that already have most of it. Lower corporation taxes dont encourage growth? - tell that to the Irish... |
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Post by zanygame on Jul 10, 2023 21:23:57 GMT
But Liz truss wasn't trying to achieve growth. She just wanted to move what little money there is left into the pockets of those that already have most of it. Lower corporation taxes dont encourage growth? - tell that to the Irish... 99% of new business don't pay corporate tax. Only those who've already made it do that. And they'll trade whenever they can make money. Don't ask the Irish, ask Amazon. |
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Post by Pacifico on Jul 10, 2023 21:28:41 GMT
Lower corporation taxes dont encourage growth? - tell that to the Irish... 99% of new business don't pay corporate tax. Only those who've already made it do that. And they'll trade whenever they can make money. Don't ask the Irish, ask Amazon. Well if lower corporation taxes dont lead to growth how have the Irish built a booming economy through lower taxes? - are all these companies there just for the Guinness? |
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Post by zanygame on Jul 10, 2023 21:32:39 GMT
99% of new business don't pay corporate tax. Only those who've already made it do that. And they'll trade whenever they can make money. Don't ask the Irish, ask Amazon. Well if lower corporation taxes dont lead to growth how have the Irish built a booming economy through lower taxes? - are all these companies there just for the Guinness? By persuading global business to home their HQ's in Ireland at a lower tax rate. Robbing all their friends around them. Same thing Luxembourg did. |
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Post by Pacifico on Jul 10, 2023 21:33:23 GMT
Well if lower corporation taxes dont lead to growth how have the Irish built a booming economy through lower taxes? - are all these companies there just for the Guinness? By persuading global business to home their HQ's in Ireland at a lower tax rate. Robbing all their friends around them. Same thing Luxembourg did. So lower taxes do work? |
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Post by zanygame on Jul 10, 2023 21:42:52 GMT
By persuading global business to home their HQ's in Ireland at a lower tax rate. Robbing all their friends around them. Same thing Luxembourg did. So lower taxes do work? Only in countries with very small populations. |
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Post by Pacifico on Jul 10, 2023 21:52:46 GMT
Only in countries with very small populations. What has the population size got to do with anything?. Are you claiming that Amazon only base their operations in small countries rather than those with the lowest tax rates? |
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Post by zanygame on Jul 10, 2023 22:02:25 GMT
Only in countries with very small populations. What has the population size got to do with anything?. Are you claiming that Amazon only base their operations in small countries rather than those with the lowest tax rates? Really that all you know. Allow me to explain. If allowed corporations base their HQ in a small country with low tax and declare their corporation tax there. They trade in all the surrounding rich countries and pay the lower tax in the tiny country. The reason the tiny country can afford to do this is that they do not require tax from their own home grown corporations to fund a large population. |
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Post by Pacifico on Jul 10, 2023 22:22:16 GMT
What has the population size got to do with anything?. Are you claiming that Amazon only base their operations in small countries rather than those with the lowest tax rates? Really that all you know. Allow me to explain. If allowed corporations base their HQ in a small country with low tax and declare their corporation tax there. They trade in all the surrounding rich countries and pay the lower tax in the tiny country. The reason the tiny country can afford to do this is that they do not require tax from their own home grown corporations to fund a large population.
But their home grown corporations are proportionate to the size of the population. Irelands largest company makes Cement ffs.. |
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Post by zanygame on Jul 11, 2023 6:01:14 GMT
Really that all you know. Allow me to explain. If allowed corporations base their HQ in a small country with low tax and declare their corporation tax there. They trade in all the surrounding rich countries and pay the lower tax in the tiny country. The reason the tiny country can afford to do this is that they do not require tax from their own home grown corporations to fund a large population.
But their home grown corporations are proportionate to the size of the population. Irelands largest company makes Cement ffs.. Can you name me one country with a large population that offers these enticements to corporate HQ's from other countries? If not ask yourself why. |
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Post by Pacifico on Jul 11, 2023 6:24:27 GMT
But their home grown corporations are proportionate to the size of the population. Irelands largest company makes Cement ffs.. Can you name me one country with a large population that offers these enticements to corporate HQ's from other countries? If not ask yourself why. Scores of companies are not resident in the US State of Delaware because of the weather and culture.. they are chasing the tax breaks. Which is precisely why Ireland and Luxembourg are successful.. |
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Post by zanygame on Jul 11, 2023 6:37:01 GMT
Can you name me one country with a large population that offers these enticements to corporate HQ's from other countries? If not ask yourself why. Scores of companies are not resident in the US State of Delaware because of the weather and culture.. they are chasing the tax breaks. Which is precisely why Ireland and Luxembourg are successful.. So Delaware population 1 million. Ireland population 5 million, Luxembourg 650,000. Can you name me one country with a large population that offers these enticements to corporate HQ's from other countries? |
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Post by Pacifico on Jul 11, 2023 7:09:34 GMT
Define a large population - Switzerland is a fair size, Hing Kong is a fair size, Singapore is a fair size - even the UK used to have fairly low corporate tax rates to attract business.
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Post by zanygame on Jul 11, 2023 17:04:11 GMT
Define a large population - Switzerland is a fair size, Hing Kong is a fair size, Singapore is a fair size - even the UK used to have fairly low corporate tax rates to attract business. One big enough to not be able to survive on the lowered taxes from corporations. In real numbers about 10 million. Of course what the countries affected by these countries stealing their taxes should do is ostracise them. Luxembourg was forced to reform its corporate tax laws. |
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