Comment on Gary Stevenson: 'Tax wealth or we'll return to the feudal age'
group_hug@sh.itjust.works 2 days agoAccording to Abigail Disney they already pay more to avoid taxes than the cost of the taxes themselves.
Comment on Gary Stevenson: 'Tax wealth or we'll return to the feudal age'
group_hug@sh.itjust.works 2 days agoAccording to Abigail Disney they already pay more to avoid taxes than the cost of the taxes themselves.
BestBouclettes@jlai.lu 2 days ago
That’s absolutely not surprising. Paying for attorneys, transfer pricing experts, etc. would definitely cost a lot more
gtrcoi@programming.dev 2 days ago
How is it not surprising when it contradicts your argument?
BestBouclettes@jlai.lu 2 days ago
Because it allows them to increase their wealth, but the assets and properties are not moving or changing hands (well, they kind of are by moving from holding A to holding B, but the holdings are still entirely within their hands). That’s the expensive part which justifies paying experts.
gtrcoi@programming.dev 1 day ago
Look I’m not married to this argument about fleeing capital, I don’t think it’s convincing that everyone will run off to Sweden or whatever. I just think that whatever the solution is will not be the most obvious one that can fit on a t-shirt sold on Gary’s merch page. Imo Gary is a grifter and I don’t appreciate how he denounces the “academics in their ivory tower” while saying he’s got all the answers and it’s so important that the prime minister calls him for help.