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A start to reform could be made if governments agreed on one basic principle; tax should be paid where revenue is earned.

   

Too easy to get around even that, and it won't work in the EU.
Member states simply will not give up their ability to tax citizens,
and states will compete to get companies to set up in country.
Ireland had a tax rate of 10%, and many companies rushed to move the HQs there.

Also, since many politicians will benefit from these offshore accounts,
there is no impetus for them to actually reform the system.
Yes, occasionally something got leaked, and utter hypocrite SJW twats like
Bono would get nice and embarrassed, but let's face it.
Just like Panama, no one is getting charged, no one is getting convicted.
All fake outrage.
All the sexual assault hysteria came out just in time,
Paradise just buried. Excellent timing.


Slovakia had a period where the self employed could pay a simple 4.5%
income tax rate, but the rate was applied to gross income, not net income,
and there were no exceptions.
Small business would add up receipts/invoices, send 4.5% of that to the
government, and .. finished. It worked well, and no dodging possible.

   

Not true that nothing came of Panama papers leak




http://www.bbc.com/news/business-41877932

   

It should be tried first before we say it can't work and the EU would be a good place to start. I don't see any other way out and we need something. Havenry is undermining the credibility of the taxation system and the legitimacy of states.

   

If this is my money what did I do to earn it? Or is this 'mine' in that Communist sense that whatever the rich own legitimately belongs to 'the people'?



First of all, LOL to complain about the Democrats. I've watched the Republicans for the past thirty years put cutting taxes for the wealthy at the very, very, very top of their list of things to do year after year after decade. You think they do that because of all the Democratic billionaires? Their current tax cut will benefit the Trump family to the tune of hundreds of millions of dollars simply by getting rid of the estate tax. It also proposes cuts to top tax rate, cutting corporate taxes and cuts to pass-through taxes, all of which benefit the rich. All of these are strongly opposed by the Democrats.

The Republican party is OWNED by the wealthy. It has been for decades. It doesn't give a crap about anyone else or anything else. That's the only reason I, as a conservative, prefer the Democrats. Some of them are morons, and I hate their identity politics, but most of them legitimately are trying to make life better for ordinary people.

   

   

You mean they give to real charities which actually help people around the world. As opposed to Trump's 'charity' whose biggest single donation was to refurbish a fountain in front of one of his own buildings, and which bought portraits... of HIM... to put in his golf clubs.

Clinton's charity has been examined with a fine tooth comb by every arch conservative group in the United States. It's had its books gone over more often than any charity in the history of the world. And nothing has been found amiss.

   

   

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