TJC1 Posted July 30, 2015 Share Posted July 30, 2015 Can you explain what you were talking about or not? ---------- Post added 30-07-2015 at 15:10 ---------- Explain... Money distributed and taxed more. ---------- Post added 30-07-2015 at 14:18 ---------- High tax, Greater distribution....its quite simple. Link to comment Share on other sites More sharing options...
unbeliever Posted July 30, 2015 Author Share Posted July 30, 2015 Money distributed and taxed more. ---------- Post added 30-07-2015 at 14:18 ---------- High tax, Greater distribution....its quite simple. And that fact that it's always led to national financial ruin when it's been tried before doesn't put you off? Link to comment Share on other sites More sharing options...
TJC1 Posted July 30, 2015 Share Posted July 30, 2015 Sky good example. Sky create monopoly. ---------- Post added 30-07-2015 at 14:20 ---------- And that fact that it's always led to national financial ruin when it's been tried before doesn't put you off? Different times Link to comment Share on other sites More sharing options...
unbeliever Posted July 30, 2015 Author Share Posted July 30, 2015 Sky good example. Sky create monopoly. ---------- Post added 30-07-2015 at 14:20 ---------- Different times What's changed that would somehow make it work this time? Didn't work out very well for France when they put the top rate up to 60% only a few years ago. Was that "different times". Link to comment Share on other sites More sharing options...
Cyclone Posted July 30, 2015 Share Posted July 30, 2015 Money distributed and taxed more. ---------- Post added 30-07-2015 at 14:18 ---------- High tax, Greater distribution....its quite simple. So spending the money on players wages IS distributing it. Taxing it more would achieve what? High tax, lower investment, less growth, companies leave, tax revenue falls. Quite simple. High tax is not a good thing. Why conflate the issue of player pay and corporate profit though, entirely different issues. Link to comment Share on other sites More sharing options...
TJC1 Posted July 30, 2015 Share Posted July 30, 2015 So spending the money on players wages IS distributing it. Taxing it more would achieve what? High tax, lower investment, less growth, companies leave, tax revenue falls. Quite simple. High tax is not a good thing. Why conflate the issue of player pay and corporate profit though, entirely different issues. High tax is a good thing Link to comment Share on other sites More sharing options...
L00b Posted July 30, 2015 Share Posted July 30, 2015 High tax is a good thingTell that to HSBC's 8,000 ex-employees in the UK. And no, that's not to be taken as 'excusing' HSBC in any way or shape, they and their competitors risk-taking dug that particular tax grave (bank levy). Problem is, it's their employees, associated income tax and the bank's annual tax take we're burying in there. There's still no such thing as magic money trees, TJ. Don't take my word for it, just ask Tspiras and Varoufakis. Link to comment Share on other sites More sharing options...
TJC1 Posted July 30, 2015 Share Posted July 30, 2015 High taxes produce more revenue. Link to comment Share on other sites More sharing options...
unbeliever Posted July 30, 2015 Author Share Posted July 30, 2015 High taxes produce more revenue. No. They don't. That's the whole point. There's ample evidence to back this up. Link to comment Share on other sites More sharing options...
TJC1 Posted July 30, 2015 Share Posted July 30, 2015 No. They don't. That's the whole point. There's ample evidence to back this up. 80% of £1 is better than 40% Link to comment Share on other sites More sharing options...
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