Why is busymom0's comment flagged and dead? There's nothing that breaks HN rules in that comment. Lately I've seen completely appropriate arguments on HN being flagged, why is that?
You can 'vouch' a comment, if you want to get it unflagged.
Ireland joins OECD International Tax agreement
31–40 of 384 posts
Re: Ireland joins OECD International Tax agreement
#32Earlier quoted context omitted.
Governments want to tax profits rather than revenues. A tax on revenues would kill a lot of high growth businesses.
And yet they tax individuals on our revenues and not our profits …
... because the other money (expenses) was paid to someone else throughout the system. So it either ended up as another corporate revenue or as someone's income, which is taxed.
Re: Ireland joins OECD International Tax agreement
#33Why is busymom0's comment flagged and dead? There's nothing that breaks HN rules in that comment. Lately I've seen completely appropriate arguments on HN being flagged, why is that?
You can 'vouch' a comment, if you want to get it unflagged.
You need higher karma to vouch for a comment then flag one, apparently.
Re: Ireland joins OECD International Tax agreement
#34Earlier quoted context omitted.
Governments want to tax profits rather than revenues. A tax on revenues would kill a lot of high growth businesses.
> A tax on revenues would kill a lot of high growth businesses. A tax on revenues would also kill a great many low profit businesses Oil and gas extraction: -7.6% Support activities for mining: 0.6% Beverage manufacturing: 0.8% Grocery and related product merchant wholesalers: 1.9% Lawn and garden equipment and supplies stores: 2.0% Miscellaneous durable goods merchant wholesalers: 2.3% Petroleum and petroleum produc…
I followed your link just because I couldn't understand what the percentages were ('profit as a percentage of revenue?') but it doesn't explain either, unless it's the same as earlier one - 'growth in sales' (and we assume year on year? Doesn't say) - but that has nothing to do with profit...
Re: Ireland joins OECD International Tax agreement
#35Earlier quoted context omitted.
Yeah because governments use those funds so effectively. It’s why when I look around the U.S. at the trillions we spent over the last two decades and I see... well looks pretty much the same as the 90s honestly
Sorry, because governments spend money inefficiently we should just allow rampant corruption? That's an insanely fatalist view to take.
By funneling more money to bloody murderer US gov and friends you are enabling rampart corruption.
Re: Ireland joins OECD International Tax agreement
#36Why is busymom0's comment flagged and dead? There's nothing that breaks HN rules in that comment. Lately I've seen completely appropriate arguments on HN being flagged, why is that?
I haven't voted on it, but it looks like astroturf/spam to me.
Re: Ireland joins OECD International Tax agreement
#37Surely all this does is makes offshore tax havens all the more attractive? Sure, some of them have signed up (i.e. Panama), but if they are not ditching the territorial taxation system, it changes absolutely nothing for them, and even if it would, Panama absolutely does not care about enforcing the exising law regarding taxation.
Sure, the companies will have to pay a bit more to their lawyers, but the way I see it, is that all it does is making offshores even more attractive.
Re: Ireland joins OECD International Tax agreement
#38Why is busymom0's comment flagged and dead? There's nothing that breaks HN rules in that comment. Lately I've seen completely appropriate arguments on HN being flagged, why is that?
You can 'vouch' a comment, if you want to get it unflagged.
I can't flag or vouch comments, but the flag seems to be removed now.
Re: Ireland joins OECD International Tax agreement
#39I have never understood the whole "tax the rich" idea and I am not rich, don't own a house or car or stocks or anything expensive. When and how will the taxes help you and me? The money just ends up going to a black hole for the government to spent inefficiently. And if you are in the US, the money gets spent on funding the military industrial complex for bombing more countries, regime changes, intelligence agencies,…
(I'm not in the US, and agree that that's a disgraceful list.) Inefficient compared to what? What is your proposed alternative?
> When and how will the taxes help you and me?
Well.. for example, you use roads I assume.
Re: Ireland joins OECD International Tax agreement
#40Why is busymom0's comment flagged and dead? There's nothing that breaks HN rules in that comment. Lately I've seen completely appropriate arguments on HN being flagged, why is that?
I haven't voted on it, but it looks like astroturf/spam to me.
Why? It's a perfectly fine comment on the topic of taxes.