Earlier quoted context omitted.
Warsaw? We’re becoming the Texas of Europe, more than a little unpalatable.
Have you been to Texas? We like it here.
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Ireland joins OECD International Tax agreement
71–80 of 384 posts
Re: Ireland joins OECD International Tax agreement
#72Earlier quoted context omitted.
Warsaw? We’re becoming the Texas of Europe, more than a little unpalatable.
>” We’re becoming the Texas of Europe” In what way? A ton of businesses are moving to Texas for more favorable tax treatment, fewer regulations, and lower cost of living. Is that a happening with Poland, too?
At a guess, parent is referring to the Polish government pushing the country in a conservative direction.
Re: Ireland joins OECD International Tax agreement
#73I 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,…
In Australia, I like:
- parks
- museums
- libraries
- free primary and secondary education
- subsidised tertiary/vocational education
- a (relative of course) functioning public transport system
- healthcare
- worker protections
- other stuff I'm sure I'm forgetting
Sure, government is inefficient. All large orgs are. But are you telling me for-profit corporations are going to create a society with all these things for everyone?
Re: Ireland joins OECD International Tax agreement
#74My take on this is that Ireland is now willing to come into compliance because post-Brexit, they now have a monopoly on "urban core that could sustain an HQ for multinationals in a natively-English-speaking country in the EU." In other words, they relied on tax advantages as a differentiator for companies to choose Dublin over London for their EU HQ. But now, what would you choose if not Dublin? Obviously Paris and B…
If you mention Berlin and Paris, then also Amsterdam and Warsaw deserve mentions.
Why? This comment is not about Berlin or Paris, it is mentioning then as examples of non English speaking cities. Is the author supposed to mention every city in Europe?
Re: Ireland joins OECD International Tax agreement
#75Earlier quoted context omitted.
Warsaw? We’re becoming the Texas of Europe, more than a little unpalatable.
>” We’re becoming the Texas of Europe” In what way? A ton of businesses are moving to Texas for more favorable tax treatment, fewer regulations, and lower cost of living. Is that a happening with Poland, too?
Re: Ireland joins OECD International Tax agreement
#76Re: Ireland joins OECD International Tax agreement
#77Earlier quoted context omitted.
Total and $750M aren't even the same unit. The former is profit, while the latter is revenue.
I meant would it incentivize a 749 revenue company to lose money to save on the 2.5% extra tax
What you're describing is called a Progressive Tax system: https://en.wikipedia.org/wiki/Progressive_tax
Re: Ireland joins OECD International Tax agreement
#78Earlier quoted context omitted.
Warsaw? We’re becoming the Texas of Europe, more than a little unpalatable.
>” We’re becoming the Texas of Europe” In what way? A ton of businesses are moving to Texas for more favorable tax treatment, fewer regulations, and lower cost of living. Is that a happening with Poland, too?
You’re right, Poland is probably in worse position than Texas here. Texas at least has the promise of a federal system to reign in its more unpopular legislative instincts, Poland not so much.
Re: Ireland joins OECD International Tax agreement
#79Earlier quoted context omitted.
Here's a short list of things tax money funds: Roads Schools Healthcare (in civilized countries) Making sure companies selling medicine aren't killing people Making sure companies don't dump toxic waste into rivers and lakes Note that comparing Walmart vs the government is especially funny since most of Warlmart's expansion comes from the fact that it under-pays it's workers so much that the federal government has to…
That might be true in some countries, but in the USA it goes to the military, farmers to make GMO soya beans & corn syrup, and other random corporations.
Ok, yes, the US spends a lot on the military, but the vast majority of taxes goes towards social programs (specifically SS and healthcare programs) and the current administration and majority of Democrats are trying to spend more on common infrastructure and additional social programs with an emphasis on families. It sucks that we have a terrible implementation of government that requires using vastly inefficient loopholes to fund programs, but it is what it is and we should do the best we can with it.
Re: Ireland joins OECD International Tax agreement
#80Earlier quoted context omitted.
Have you been to Texas? We like it here.
Are you a white male? Because that's who likes it there.
Houston, Texas is often described as the most diverse city in the US, for example https://www.latimes.com/nation/la-na-houston-diversity-2017-....