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Ireland joins OECD International Tax agreement

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101–110 of 384 posts

Re: Ireland joins OECD International Tax agreement

#101

Earlier quoted context omitted.

>” 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.

Well, the EU is a bunch of unelected bureaucrats. Of course national law made by a democratically elected government should trump some unelected and possibly very corrupt bureaucrats far away.

Re: Ireland joins OECD International Tax agreement

#102
post #68

Earlier quoted context omitted.

There's no way it's a genuine comment from somebody that has given the topic enough of a passing thought to actually comment on it. The sheer number of things everybody interacts with everyday that are very directly related to tax-funded government actions is immense, and very blatantly so. Yet they lead with "what have taxes ever done for anybody?" It's not a genuine or honest comment.

To me it seems like a honest criticism on the inefficiency of government allocation of tax payer's money. There's nothing wrong with voicing your opinions that way. I feel that people just don't like it if someone disagrees with "taxing the rich", and that's why it was flagged.

It struck me as highly dishonest. I have a hard time believing that anyone one seriously thinks 0.000000% of government spending benefits common people

Re: Ireland joins OECD International Tax agreement

#103
post #74
post #44

Earlier quoted context omitted.

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?

The Netherlands has the highest English proficiency in the world [0] (among non-native speaking countries) so I imagine it would be a compelling choice.

[0] https://www.ef.com/wwen/epi/

Re: Ireland joins OECD International Tax agreement

#105
post #86
post #79

Earlier quoted context omitted.

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 loo…

Surely SS and healthcare are largely funded by SS payments. Taxes go toward Medicare but premiums are a big part too. https://www.pgpf.org/budget-basics/medicare

SS "payments" are taxes.

Re: Ireland joins OECD International Tax agreement

#106

Earlier quoted context omitted.

>” 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.

> Poland not so much

Oh, EU has got ways to screw Poland all right, don’t you worry.

Like right now lots of local governments there are reverting certain anti-LGBT laws to get to EU grants or whatever it’s called.

Re: Ireland joins OECD International Tax agreement

#107

Earlier quoted context omitted.

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.

Well, the EU is a bunch of unelected bureaucrats. Of course national law made by a democratically elected government should trump some unelected and possibly very corrupt bureaucrats far away.

I’ll take unelected EU bureaucrat over elected Trump-like something any day.

Re: Ireland joins OECD International Tax agreement

#108

I 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,…

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…

All that money we spent on roads has locked us into car-dependent infrastructure, killing 40k+/year directly and hundreds of thousands indirectly (air pollution, etc). Great job us.

Re: Ireland joins OECD International Tax agreement

#109
post #29

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?

It's written in what the moderator around here calls 'the flamewar style', which the guidelines ask you not to do, along with commenting about votes.

Re: Ireland joins OECD International Tax agreement

#110

Earlier 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 And also low-margin businesses. If you tax a business on its total sales rather than profits, a low-margin and high-volume operation cannot survive as easily. Example. A supermarket chain makes many sales, collecting average 5% margins on a sale. A seller of high-end automobiles moves fewer units, but can take a 15% margin. Assume both businesses make the…

A VAT isn’t a sales tax though. I think you can subtract the cost of goods since they were already taxed? Compared with income tax, there are fewer expenses you can subtract from revenue, but there still are some.

But since prices will adjust, the question is really one of tax incidence. Who gets to raise prices to cover their taxes? And that’s complicated.

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