Showing posts with label idea. Show all posts
Showing posts with label idea. Show all posts

Wednesday, February 15, 2012

Equitable taxation and distribution

I'm irritated by companies shopping around for the best international tax deals.

As companies go global, so should the tax laws.

So how about this for a suggestion. All non-individuals, i.e All companies, partnerships, trusts and for profit organizations (including religions) have exactly the same tax on gross revenue. Something reasonable like 5% of gross. Not net revenue to prevent creative accounting, like that seen in Hollywood studios. In this way, it's like a global GSt.

This revenue is collected automatically by an international organisation similar to the IMF.

Some revenue is retained to fund international bodies under the UN.

The remainder is then distributed to nations using on a formula based on the number of people, the cost of living (using the Big Mac index?) and that nations ratings from Amnesty International and Transparency International - so the more equitable and honest nations do better than corrupt and oppressive ones.

Personal income can still be collected by national governments.

Think of savings in simplification of corporate taxation rules around the world.. And the increased income from preventing corporate tax evasion.

Thursday, August 26, 2010

Impermance of Ideas

I used to get lots of ideas - as I get old, they come less often - but I still recognise how important it is to capture them when they arrive, because they can slip away so easily.


Source

Friday, March 12, 2010

Communial Choose your own adventure

I wonder if anyone has done a wiki based choose your own adventure where anyone can write the story. There might have to be some rules such as don't break existing links, but it would be a fun project to allow the story to go in any direction that people chose.

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