9 Matching Annotations
  1. Jan 2023
    1. they claim they have solved the  problem of multinational taxation but it's it's   a bit ridiculous how little they have done the  minimum tax rate of 15 percent is ridiculously   small and also it's only sort of sharing sort of  rich countries are sharing between themselves you   00:33:10 know the tax base that is currently in tax haven  but countries in the south in the global south   basically don't get anything and i think that's an  that's an issue that's something an area in which   the pressure of the chinese counter model in  the future maybe will contribute to induce   rich countries to to to to to to to have a bit  more you know inclusive attitude towards the   00:33:37 the south also well if they don't do  it i mean you know if they don't do it   in effect china will finance the investment and  the infrastructure investment that is needed in   africa and in south asia and and that's that's  you know this is at some point you know fully uh   western countries will realize that they have to  change something otherwise they will just lose any   any influence and any capacity to influence the  world

      !- Thomas Piketty : Chinese counter model pressures western elites to change

      !- Western multinationals : comment - The elites will continue unabated until externally pressured by the Chinese counter model and others that erode the Global South's trust in the Global North elites - Colonialism has morphed into its new variant, post colonial, globalized capitalism - which is available to all elites, both in Global North or South to exploit and privatize in the same extractive, colonialist logic of the past

  2. Jul 2022
    1. The Let Property Campaign has been around for many years now and has been organised by HMRC in order to provide a long-standing disclosure opportunity for residential property landlords who need to update their tax affairs in order to avoid penalties and interest. 

      This is important

  3. May 2022
    1. There’s many examples around the world of communities banding together to collectively govern a shared resource, like forestry, grazing grounds, and wells.

      If we all take action to do these things collectively, then it isn't a "tax" on any individual or corporation.

  4. Apr 2022
    1. Other circumstances,18 combined with the increase of numbers, have produced an augmentation of revenue arising from consumption in a ratio far beyond that of population alone: and tho the changes in foreign relations, now taking place so desireably for the whole world, may for a season affect this branch of revenue, yet weighing all probabilities of expence, as well as of income, there is reasonable ground of confidence that we may now safely dispense with all the internal taxes, comprehending excises,19 stamps, auctions, licenses, carriages and refined sugars: to which the postage on newspapers may be added to facilitate the progress of information: and that the remaining sources of revenue will be sufficient to provide for the support of government, to pay the interest of the public debts, and to discharge the principals in20 shorter periods than the laws, or the general expectation had contemplated. war indeed21 and untoward events may change this prospect of things, and call for expences which the impost could not meet. but sound principles will not justify our taxing the industry of our fellow citizens to accumulate treasure for wars to happen we know not when, and which might not perhaps happen but from the temptations offered by that treasure.

      Cutting taxes to be at a sufficient level. Not good to seek to build a fortune. Especially for "potential" wars as this will breed wars.

  5. Feb 2022
    1. (For comparison, most organizations can’t avert a metric ton for less than $2. The average American causes around 16 metric tons of emissions per year.)

      So, taxing people, say, $50 per year would allow the government to fund those charities, right? Sounds like an excellent way to facilitate climate change mitigation.

  6. Jan 2022
    1. We need ways to detect and suppress parasitic gains — for example, massive corporations like Amazon that pay zero taxes towards the upkeep of the infrastructure their profits depend on, or likewise billionaires who pay lower tax rates than nurses.
  7. Sep 2021
    1. ry. The debate provoked by the attempt to impose a tax on all clocks and watches in 1797-8 offers a little evidence. It was perhaps the most unpopular and it was certainly the most unsuccessful of all of Pitt's assessed taxes: I

      William Pitt (the younger) assessed a tax on clocks and watches from July 1797 to March 1798 and it didn't go well. One would suspect it was the case that those who purchased them were the richer upper-classes (as argued above in the piece) who had the power and wealth to vitiate against such taxation.

      Presumably if the masses were the target, the tax may have stayed.

      This sort of power seems to ensconce racist policies.

  8. Feb 2021
  9. Aug 2020