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Idiot taxation policy: the tax system is based on skimming money off the property bubble.

Whoops.

by Colman (colman at eurotrib.com) on Sat Apr 10th, 2010 at 04:41:18 AM EST
[ Parent ]
So what taxation system would you advocate for Ireland?

"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Sat Apr 10th, 2010 at 07:54:43 AM EST
[ Parent ]
What, Georgism, surely?

The brainless should not be in banking -- Willem Buiter
by Migeru (migeru at eurotrib dot com) on Sat Apr 10th, 2010 at 02:06:12 PM EST
[ Parent ]
Something broadly based, including taxing things like corporate profits. I've never quite worked out what good the pretend corporates based here are doing us.

Regardless, basing your tax take on property building and transactions is not a good plan, was not a good plan.

The current plan is to cut spending and increase taxes and service charges, because a deflationary spiral will increase the tax take or something. <shrug> Fucked if I know how that's meant to work, but it makes the Commission, the ECB and the financial markets sort of happy.

by Colman (colman at eurotrib.com) on Mon Apr 12th, 2010 at 04:47:41 AM EST
[ Parent ]

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