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Old 11-27-2016, 05:41 PM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
Location: Global
Posts: 18,083
Don't try baffling me with bullshit.

20% of tax revenue is probably consumed in the cost of overhead to compute, feed the tax collectors, audit returns and disburse the money. We pay 75% of our internal costs of tax accounting staff costs and the costs of outside CPA firms to certify our tax returns. NL corporate tax rate is 25%. For a business our size this is a 6 figure amount annually.

Tax accounting in the USA is a lot more complex. It has become a fucking industry onto itself.

And you missed my entire point: As we move to a cashless society more income will be found -- we need to make a fair tax rate or this new "taxed wealth" will be pissed away by necessary or frivolous tax money spending by governments.

By "fair" I mean a gross tax neutral policy and not a windfall slush fund ...
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