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Old 04-04-2016, 04:36 AM  
Vendot
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Join Date: May 2002
Location: Malaysia
Posts: 3,376
Quote:
Originally Posted by Paul Markham View Post
If you want to see change, vote for Governments that stop this. It needs the US and EU to come together to ban companies and people hiding money in tax havens.
Very simplistic understanding you have about this.

People and Entities that generate significant cash represent less than 1%. The 1% own more than half the assets in the world and pay much more than half the total tax generated globally. However it is not just tax revenue that matters, it is the velocity of money they create through the money they generate for the banking system which in turn (through fractional reserve banking) means expanding credit, supporting the economy and growing GDP globally.

They are *very* sophisticated and there is NO WAY you can stop them doing whatever they choose to do. They also control the entire functioning of the world, so attacking them is a bit like attacking the Golden Goose. You fuck with them and no more eggs.

It's a FACT. Now if you were a serious business person (which you have proven you are not) and had a decent understanding of economics, you wouldn't have come up with a statement like that in the first place.
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