(Don’t take this map too seriously, I found it on another social media, not an academic paper).
"If we tax the rich, they just move to another country!1!!1!"
Yea, we will tax them there too. And take half of your hoard when they move. You stole long enough from us...
Let's all sign international tax agreement so the rich can't flee, and if they do : requisition by the workers. Seems fair to me.
Who cares if they flee. The people shall then take control of their assets they leave behind!
The real estate, factories, etc they leave behind. Leave it to the people!
Mhmm if you runaway from paying your share then everything you own in our country is no longer yours. When you try to come back later your ass is going court, sucks to suck.
This is a beginning https://en.m.wikipedia.org/wiki/OECD/G20_Inclusive_Framework
And of course Trump is using bullying as a means to keep his rich friends/circlejerk rich.
I still don't understand why the EU didn't just buckshot the shit out of it, but just keeps saying "we might do it back".
I hate that argument.
"People who are taking more than they give will leave if we ask them to pay their fair share!"
Fucking grand, get out. Or better yet, pay up. Best case, pay and leave.
The rich are rich because they own real physical assets, like the supermarkets, utilities, factories, etc. It is very difficult for them to move these assets with them overseas.
A really good example of this is Roman Abramovich, a Russian oligarch who owned the Chelsea FC. The UK government sanctioned and froze Abramovich's assets due to the Russia-Ukraine war, and Abramovich was forced to give away Chelsea FC.
Wait, you mean the people that use our resources and don't pay taxes would go away?
Man, that sounds so awful.... What would we do without them.....
As you have no uncovered their main excuse: We are forced to close those jobs and move them over to China/India/anywhere else because we can't maintain the current prices and taxes.
Tax wealth, not work.
Taxing the wealth would be repeating history and policy mistakes. They already tried since decades ago. They all abolished it because it doesn't work. It's 1) difficult to execute and 2) impossible to calculate.
Sounds like a bunch of lame, unsupported excuses to me. Tax them hard!
And if they want to leave, let them leave. America is the primary market everybody wants. If you want to move your company to avoid paying taxes, go ahead, but your access to the American market will end, and the government will confiscate ALL your American assets. Good luck making the same profit in the rest of the world.
And tax churches, too.
Tax the rich more and put in place a general wealth cap. You can’t have more than say $100,000,000 and that is already a ridiculous sum for anyone person to have. If you are found to be over the limit then anything you own here can be taken to get you under the limit. Land and property can be taken, stocks can be taken, cash directly can be taken.
Also introduce a ban on private jets and yachts, you absolutely need to fly somewhere for a meeting? Join us plebeians on normal flights then, otherwise learn to use zoom and other such tools. A ban on yachts doesn’t mean a ban on all boats, normal smaller boats are fine, cruise ships, cargo ships and tankers are as fine as ever. Just means none of your luxurious mega yachts for you and your rich buddies anymore. Again join us plebeians at the bottom for a change so you understand what it’s like.
If you have $1 billion, you win capitalism. You get a trophy and all your money is taken away so you can start the game over again on a harder difficulty.
New Capitalism+
The people of Russia, Turkey, and Germany can tell they’ve been swindled by the Oligarchs for far too long!
And spain, don't forget spain.
Yes. And many of them, especially Catalans (wink), have some decent firsthand experience on what the people taking control of the means of production looks like.
That’s still a lot of delusional temporarily embarrassed millionaires…
Now find a map of wealth inequality and see how well they correlate.
I think Slovakia has the lowest wealth inequality in europe (measured by GINI index) atleast it did in 2020. And 63% here say they want to tax the rich more.
What’s going in Estonia?
High on tech bro neoliberalism. Literally.
Probably progress being made such that people are fine with the status quo
Bad memories from Soviet times and high economic growth.
To me the issue is caused by how we determine how much tax is paid.
If you're wealthy, you can structure your income in such a way that you are not earning any and therefore don't need to pay tax on that "non-existent" income.
It's also how the multinational companies structure their finances to make little or no profit except in the lowest taxing country around where "all" their "profits" are taxed.
In other words, we need to restructure the tax system globally to measure income and profit differently instead.
With the current crop of Neanderthals in charge, it's unlikely to happen in our lifetime unless something drastically changes. I'm not holding my breath.
The "use assets as collateral to get a loan, and loans aren't taxed as income" thing needs to be patched out. There are probably many other exploits but that one seems like an easier fix.
add me to the list but I am on another continent.
What a fucked up democratic system(s) where such an overwhelming public support doesn't get shit done immediately.
Well, as it turns out, it's "not the worst", but that is no consolation.
"But then the rich/companies will move to another country!" Better have them pay not enough taxes here (and exarcebate the problem) than not having them pay taxes i guess.
This is why representative democracy is flawed. Nobody holds the elected officials accountable if they don't handle according to the population's opinion. I wish more countries included some direct democracy measures, too.
¡Viva España!
Visca la terra!
Second Russian Revolution when?
What we need is an actual playbook that gives a step-by-step guide towards taxing the rich. Contrary to what many people believe, it's actually a bit tricky to avoid loopholes and other problems.
It makes sense to discuss these measures in detail, before they are implemented; in other words: now.
Nice rates. Do the rich pay them?
Ah, I thought these were the top marginal tax rates.
Portugal is accurate but you don't need to be rich to get to these ridiculous levels. I'm talking about direct and indirect taxes.
A place to share and discuss visual representations of data: Graphs, charts, maps, etc.
DataIsBeautiful is for visualizations that effectively convey information. Aesthetics are an important part of information visualization, but pretty pictures are not the sole aim of this subreddit.
A place to share and discuss visual representations of data: Graphs, charts, maps, etc.
A post must be (or contain) a qualifying data visualization.
Directly link to the original source article of the visualization
Original source article doesn't mean the original source image. Link to the full page of the source article as a link-type submission.
If you made the visualization yourself, tag it as [OC]
[OC] posts must state the data source(s) and tool(s) used in the first top-level comment on their submission.
DO NOT claim "[OC]" for diagrams that are not yours.
All diagrams must have at least one computer generated element.
No reposts of popular posts within 1 month.
Post titles must describe the data plainly without using sensationalized headlines. Clickbait posts will be removed.
Posts involving American Politics, or contentious topics in American media, are permissible only on Thursdays (ET).
Posts involving Personal Data are permissible only on Mondays (ET).
Please read through our FAQ if you are new to posting on DataIsBeautiful. Commenting Rules
Don't be intentionally rude, ever.
Comments should be constructive and related to the visual presented. Special attention is given to root-level comments.
Short comments and low effort replies are automatically removed.
Hate Speech and dogwhistling are not tolerated and will result in an immediate ban.
Personal attacks and rabble-rousing will be removed.
Moderators reserve discretion when issuing bans for inappropriate comments. Bans are also subject to you forfeiting all of your comments in this community.
Originally r/DataisBeautiful
Please Enjoy our Partner Community: