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Ireland joins OECD International Tax agreement

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Re: Ireland joins OECD International Tax agreement

#181
post #48

Earlier quoted context omitted.

Warsaw? We’re becoming the Texas of Europe, more than a little unpalatable.

Have you been to Texas? From all my trips there it is a lot like California. Also California is very different once you get out of the big cities, which cover only a small surface of the state.

I think it's more of a comment on regressive legislation and ultra nationalism.

Re: Ireland joins OECD International Tax agreement

#182
post #48
post #44

Earlier quoted context omitted.

If you mention Berlin and Paris, then also Amsterdam and Warsaw deserve mentions.

Warsaw? We’re becoming the Texas of Europe, more than a little unpalatable.

> We’re becoming the Texas of Europe

This is a bad comparison.

Texas is a rich, stable state with access to the U.S. federal court system and unambiguously subservient to the U.S. Poland is unchecked, unbalanced, and much, much poorer. Its lawless regime is legitimately popular, evoking comparisons to pre-collapse Russia and Venezuela.

In an alternate timeline, Warsaw could have rivalled Berlin or Amsterdam. Not in ours.

Re: Ireland joins OECD International Tax agreement

#183
post #160

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.

> Texas at least has the promise of a federal system to reign in its more unpopular legislative instincts, Poland not so much. That's very weird? Wouldn't the state legislature, being elected by local people be more likely to be popular with local people than the federal government with is largely elected by people outside of Texas? (Or do you mean 'unpopular' with people outside of Texas?)

State politics in the US is not based on how many people vote for or against something in a state. It’s based on how many legislative districts vote for or against something. The difference is important when you think about how legislative districts are drawn.

Re: Ireland joins OECD International Tax agreement

#184

Earlier quoted context omitted.

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-... .

And people in Houston said they like it in Texas? The point is that the urban population pretty much hates it there given the new laws.

Re: Ireland joins OECD International Tax agreement

#185

With Hollywood Accounting[1], you make taxable profits transform into untaxable expenses that you pay to yourself for services you rendered to yourself, and Ireland has been a common destination for this sort of money to flow. Hollywood accounting can take several forms. In one form, a subsidiary is formed to perform a given activity and the parent entity will extract money out of the film's revenue in the form of ch…

> When the Irish loophole closes I'm sure they'll think up another "One Weird Trick"

Should countries not compete with each other and simply bow down to accept whatever corporate taxation rate the Americans tell them to have?

Re: Ireland joins OECD International Tax agreement

#186

Earlier quoted context omitted.

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-... .

And people in Houston said they like it in Texas? The point is that the urban population pretty much hates it there given the new laws.

>> And people in Houston said they like it in Texas?

They voted with their feet.

Re: Ireland joins OECD International Tax agreement

#187
post #73

Earlier quoted context omitted.

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 f…

Generally Government is dramatically more efficient than a comparable private business—the difference is that Government failings tend to be publicly available information, while a corporation can blow thirty million dollars on ineffective marketing and unnecessary consultants and you'll never know.

That's probably only true for the developed countries. In the remaining ones, Government monopoly over anything is a path towards corruption and sub-standard work.

Re: Ireland joins OECD International Tax agreement

#188
post #48

Earlier quoted context omitted.

Warsaw? We’re becoming the Texas of Europe, more than a little unpalatable.

> We’re becoming the Texas of Europe This is a bad comparison. Texas is a rich, stable state with access to the U.S. federal court system and unambiguously subservient to the U.S. Poland is unchecked, unbalanced, and much, much poorer. Its lawless regime is legitimately popular, evoking comparisons to pre-collapse Russia and Venezuela. In an alternate timeline, Warsaw could have rivalled Berlin or Amsterdam. Not in o…

Thanks for speaking truth.

Re: Ireland joins OECD International Tax agreement

#189
Government should prove it can spend the money well before asking for more. The waste and incompetence I see in government is astounding. It's much worse than anything I've seen in private corporations.

Speaking specifically for America, the government can barely even agree on where it wants to spend its current "budget".

Say you have a couple who constantly fights over how to spend their $10m/yr budget, of which nearly half is borrowed, and 11% of which is spent on policing their entire neighborhood. Each year, they nearly default on their debt because they can't agree on a budget for the next year to keep paying interest.

You wouldn't give them even more money to solve their problems, because the problems are clearly with the amount and poor allocation of their spending. Why would you do the same with the US government?

Re: Ireland joins OECD International Tax agreement

#190
post #74

Earlier quoted context omitted.

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/

But I mean… Ireland has a higher English proficiency?

There are of course a lot of things doable fully in English. But when running a company not mastering the native language (even when all of the people you talk to speak English!) can be a big drawback.

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