[FRA] Ligue 1 2013/2014 (6 Viewers)
- Thread starter Dostoevsky
- Start date
They dont pay taxes in Monaco.They sit with an enormous advantage compared to other teams and you're seeing many clubs protest about it too apart from this new tax rule.
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If this doesnt work out there's a chance of monaco moving to serie a also.
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Is it official btw ?
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If this doesnt work out there's a chance of monaco moving to serie a also.
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Is it official btw ?
And we have all seen the glorious effects of tax cuts as the tool to get through the current crisis. And it's 75% for people who make in the excess of one million euro per year, which is fine. No one needs that sort of wealth. The issue is that when something like this is passed in one coubtry alone the people who are going to be taxed just register the corporation in Lux or some other tax haven - which is why we really need to consider tactically nuking all tax shelters in the world.
It's stupid because it doesn't work, it's as simple as that. A lot of French millionaires and companies have already moved abroad and I expect thousands to follow them. They're actually going to lose revenue because of all those millionaires leaving. Expect a lot of businesses to move abroad as well, since in this case it's the companies who pay the taxes.
I don't know if you're aware of the Laffer curve but it does work, especially when millionaires who can move and immigrate very easily are concerned. It's just counter-productive. I think they're currently paying 50% or something like that, which is fine. They shouldn't pay more than that.
Socialists have yet to understand that too much taxation kills taxation.
I'd support this tax if it could actually work because I dislike income inequality as much as the next guy. However, such high taxes on the rich just don't work.
I don't know if you're aware of the Laffer curve but it does work, especially when millionaires who can move and immigrate very easily are concerned. It's just counter-productive. I think they're currently paying 50% or something like that, which is fine. They shouldn't pay more than that.
Socialists have yet to understand that too much taxation kills taxation.
I'd support this tax if it could actually work because I dislike income inequality as much as the next guy. However, such high taxes on the rich just don't work.
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