Stupid World

[Brian d marge]

gosh those dirty rotten venician english baskets . . .still we have the rule of law to protect us right?

The magna carta and all that


ummmmmmm nope my bad sorry

we could always ban currency and come of then petro dollar likr gadaffi and mad sad did

no wait that didnt work either

how about taunting them in s french style after all kingu arther got the message and bravely ran away . .....or was that sir robin??

he ho either way it dont look good

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[J.A.W.]

gosh those dirty rotten venician english baskets . . .still we have the rule of law to protect us right?

The magna carta and all that


ummmmmmm nope my bad sorry

we could always ban currency and come of then petro dollar likr gadaffi and mad sad did

no wait that didnt work either

how about taunting them in s french style after all kingu arther got the message and bravely ran away . .....or was that sir robin??

he ho either way it dont look good

Well, to be fair, the ol' M-P & the 'oly grail.. did advocate burning, as a reasonable remedy for bewitchment..

[mashman]

Damn Right Amazon Runs a Fucking Deficit and So Should America... @economic sense.

[Brian d marge]

Well, to be fair, the ol' M-P & the 'oly grail.. did advocate burning, as a reasonable remedy for bewitchment..

nail em up i say ......nail em up

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[Brian d marge]

Damn Right Amazon Runs a Fucking Deficit and So Should America... @economic sense.

yeah but at least amazon delivers

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[mashman]

yeah but at least amazon delivers

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Until they don't

[Brian d marge]

redistribution of wealth you have wealth .,,,,,ups driver dont
he needs xmas presents
u have em

if its good enough for the east india company

its good enough for us

tis the new world order



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[Ocean1]

After all, I'm sure they've all earned it from honest hard graft

So they stole it?

Or are you just anti-success?

Like this dude: http://www.msn.com/en-nz/news/politi...cid=spartandhp

[mashman]

So they stole it?

Or are you just anti-success?

Like this dude: http://www.msn.com/en-nz/news/politi...cid=spartandhp

bwaaaaaaaaaaaaaa ha ha ha ha ha ha ha ha haaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa.

You'll never know.

bwaaaaaaaaaaaaaa ha ha ha ha ha ha ha ha haaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa.

[SPman]

“Top of that list of vested interests has to be tax havens. Although they are currently legal, they serve no social purpose. These jurisdictions – characterised inter alia by high levels of secrecy and low or no tax rates – are fuelling the rise in inequality. As tax returns from wealthy companies and individuals disappear into this global network, governments are left with two options: cut back on the essential spending needed to build healthy societies and economies; or make up the shortfall by levying higher taxes on those less wealthy. Consequently, wealth is redistributed upwards, and the inequality gap grows.
Tax havens siphon billions from rich countries. But it is in the poorer countries where the impacts are felt most dramatically. Wealthy Africans’ use of tax havens cost African governments an estimated US$14 billion ($21.7 billion) in lost tax revenues in 2014. This is enough money to pay for healthcare that could save 4 million African children’s lives a year and employ enough teachers to get every African child into school. Just because it’s legal doesn’t make it right.”


http://www.nzherald.co.nz/business/n...ectid=11575717

How much more would NZ have in the kitty if tax havens were outlawed and people/companies had to pay tax in the country they earned the money?

[Ocean1]

Consequently, wealth is redistributed upwards, and the inequality gap grows.

But it's not growing.

Tax havens siphon billions from rich countries. But it is in the poorer countries where the impacts are felt most dramatically.

Absolutely. On the back of off-shore taxes they're thriving.

How much more would NZ have in the kitty if tax havens were outlawed and people/companies had to pay tax in the country they earned the money?

Multinational domestic earnings are whatever they say they are, they just assign material and off-shore overheads until they're happy with the cross border results. Like Aus multinationals charging Head Office overheads to NZ entities until there's fuck all profit in NZ on which to pay tax. You could make rules to limit that, but they'd be so tortuous and convoluted they'd open up far more loopholes than they'd plug. We need to wait for the current international tax law agreement negotiations to come to some sort of unilateral conclusion, if we tried going alone we'd have fuck all industry by lunchtime tomorrow.

We also need to gang up on multinational monopolies to stop them gouging off-shore markets, that's potentially costing us more than any less than optimal tax rules.

[Brian d marge]

But it's not growing.







Absolutely. On the back of off-shore taxes they're thriving.





Multinational domestic earnings are whatever they say they are, they just assign material and off-shore overheads until they're happy with the cross border results. Like Aus multinationals charging Head Office overheads to NZ entities until there's fuck all profit in NZ on which to pay tax. You could make rules to limit that, but they'd be so tortuous and convoluted they'd open up far more loopholes than they'd plug. We need to wait for the current international tax law agreement negotiations to come to some sort of unilateral conclusion, if we tried going alone we'd have fuck all industry by lunchtime tomorrow.

We also need to gang up on multinational monopolies to stop them gouging off-shore markets, that's potentially costing us more than any less than optimal tax rules.

I was going to launch into a negative along the lines of

wtf are u on whillis

but them interesting graphs

Prosperity is fading s
and has been since the turn of the century

Here I agree

I would say since the mid to late 1800s

but then wealth of the 1% hmmmmm thats a long bow to draw



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[mashman]

How much more would NZ have in the kitty if tax havens were outlawed and people/companies had to pay tax in the country they earned the money?

None... because they'd all fuck off elsewhere, apparently. Too big to jail, then get your buddies to change the law.

[Brian d marge]

u can generate a lot of tax revenue from an expanding stock market helps pay overseas debt as does inflation .. thats why its to good eerrrr big to fail

they ....not shonkey hes just there for looks, and to smile and say ,,,,thats whack...the real movers and shakers make second hand car dealer look like saints

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[mashman]

More National Guard troops move into Flint as Water Crisis widens... yay, free bottled water. Maybe they shoulda done it properly first time around. Doh, yeah, they chose not to afford it