Earlier quoted context omitted.
What's the reason for this?
It’s an alternative approach to what the USA achieves with their worldwide taxation.
US global taxation applies only to income, though.
This is a wealth tax.
Greece, Argentina and India are the fastest improving business environments
61–70 of 104 posts
Re: Greece, Argentina and India are the fastest improving business environments
#62Re: Greece, Argentina and India are the fastest improving business environments
#63"most improved awards" are exclusively for special needs kids
highly regarded, or not. depending on how you read that.
Re: Greece, Argentina and India are the fastest improving business environments
#64Earlier quoted context omitted.
He was democratically elected with this agenda. Maybe the people there were tired of the same old crony socialist disaster and rampant inflation plus accelerated loss of quality of live. I don't know, maybe what a country with great demographics and decent territory needs in this situation is a healthy dose of western/american capitalism. I would also much rather be allied to US agendas than to Chinese agendas ANY DA…
trump and modi were democratically elected too, so by itself that's no real measure of fitness for office.
Aaaand the moment for the Godwin's law to kick in has arrived! And it's not even wrong in this context, I'd say.
Re: Greece, Argentina and India are the fastest improving business environments
#65Earlier quoted context omitted.
It's probably generally a bad idea to start a company in a country you intend to leave permanently. What's the point of having a company in Germany if you're not in Germany yourself? Most companies in Germany are probably started by people who intend to stay, or are subsidiaries of international conglomerates, or have not gained enough in value to cause a significant tax burden, so the edge cases affected by the exit…
> bad idea to start a company in a country you intend to leave permanently Agree if the intention is there from the beginning. Disagree that the inflexibility doesn’t have a cost. Even if you fully intend to stay in Germany, are you 100% sure that’s the best decision for your business? If the answer is no, the law incentivises moving preemptively.
I wasn't trying to say that there is no cost, I was pointing out that the cost is not large enough to affect the ranking on this index. With an index composed of many different factors, you can always focus on one aspect that is particularly positive or negative, but that doesn't mean the overall ranking is wrong just because it also takes other factors into account.
The EIU gives Germany an overall score of 8.35. How much higher should it be if the exit tax were abolished? How much higher if it's not abolished, but deferred until the capital gains are realized?
Re: Greece, Argentina and India are the fastest improving business environments
#66India so fast improving in business environment that 40% of those graduates under 25 are unemployed.
https://www.cnbctv18.com/education/state-of-working-india-gr...
Re: Greece, Argentina and India are the fastest improving business environments
#67Earlier quoted context omitted.
I remember being very negative about the Greek's long term outlook ~10 years ago. I mean, it was obvious that there will be an economic downturn for many years in basically all scenarios, but I was very worried about the political uproar, turn to populism and authoritarianism (which would further worsen the economic woes). IIRC there was an election in ~2015 which Syriza won, back then pretty radical in its anti-aust…
The problem of Greece is that due to decades of nepotism and corruption, there is no real political hope. The ruling party is one of the two that has brought Greece to where it is now, and the prime minister comes from a family with a long tradition in politics and power thirst. His best man is the biggest gangster in Greece, Marinakis. They found a ship of his containing 2 TONS! of heroin, and nothing happened. Beca…
Not to make an excuse, but tell me a country that isn't like that. For all the pomp and circumstance that democracy provides, it all feels like it boils down to tribalism where oligarchs rule and control the tides. Sure we all control our individual boats but the tide is what controls the sea.
Re: Greece, Argentina and India are the fastest improving business environments
#68I'm half Greek, so obviously a little bias. But would love to see a more thriving tech scene in Athens. It's a cool city, with great night-life, great restaurants, and stunning places nearby, not yet super gentrified and obviously also has some archaeological sites. But it's not just 2000 years old history (yes, it's partly also pretty run-down, bureaucracy is a night-mare, etc.) Generally speaking, it's usually sunn…
Speaking of bias, I would rather see that as well in Thessaloniki. And better remote working conditions could be a way to diversify the islands economy beyond Summers.
Bias, because you live in Athens and don't want more gentrification? Or because you live in Thessaloniki and want more business there?
I personally find Athens to be a much more appealing city, speaking as a tech worker, rock climber, and (near) vegan, who has spent a fair bit of time in both.
Thessaloniki has its pros, but loses to Athens in pretty much everything I care about, other than having a nice bike/scooter-friendly boardwalk
Re: Greece, Argentina and India are the fastest improving business environments
#69Earlier quoted context omitted.
Labour costs are high is a bad thing? I see it as social cohesion, where people get paid less unfairly.
Not sure if you are serious with your comment but I'll bite - when you start a company, after going through all the hell of starting it and making it profitable (which is often multiyear draining effort which destroys families and health easily, risk of losing literally everything is very real), you want to give all those money to other people, who put just their expected 40h effort with maximum salary security, 5-6…
> when you start a company, after going through all the hell of starting it and making it profitable (which is often multiyear draining effort which destroys families and health easily, risk of losing literally everything is very real), you want to give all those money to other people, who put just their expected 40h effort with maximum salary security, 5-6 weeks of paid holidays etc.
"I took on some risks to build up my personal wealth, now I am entitled to be as exploitative as I can be. They only work what their contract dictates, fuck them".
This is precisely why regulations and labor protections are important. People like you are the living proof that if allowed, workers would be bled dry.
Re: Greece, Argentina and India are the fastest improving business environments
#70Earlier quoted context omitted.
Labour costs are high is a bad thing? I see it as social cohesion, where people get paid less unfairly.
You are entitled to your view but I think it is a little unempathetic to be unable or unwilling to put yourself in the shoes of entrepreneurs when the topic is how attractive a place is for them. Of course, all things being equal, a business wants to pay as little for labor as possible. Speaking as a German, wrt pay I think this topic is not quite so simple. Germany doesn't have particularly high wages and one of the…
> You are entitled to your view but I think it is a little unempathetic to be unable or unwilling to put yourself in the shoes of entrepreneurs when the topic is how attractive a place is for them. Of course, all things being equal, a business wants to pay as little for labor as possible.
"Can someone think of the poor entrepreneurs? They just want to exploit workers freely, but the mean government keeps getting in the way. Why would they create rules that protect the people? This is so unfair"