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Would a global 10% income tax (global flat rate) help world wide economy to recover?
03-02-2009, 09:09 PM,
#1
Would a global 10% income tax (global flat rate) help world wide economy to recover?
Would a global 10% income tax (global flat rate) help world wide economy to recover?

There exists 51 offshore financial centres with almost 0% income tax on planet earth:

Andorra, Anguilla, Antigua and Barbuda, Aruba*, Bahamas, Bahrain, Barbados, Belize, Bermuda, British Virgin Islands*, Cayman-Islands, Jersey and Guernsey, Cook Islands, Dominica, Dubai, Gibraltar, Grenada, Hongkong**, Ireland**, Isle of Man, Jordan**, Libanon**, Liberia, Liechtenstein, Luxemburg**, Macao**, Maledives, Malta, Marshall Islands, Mauritius*, Monaco, Montserrat, Nauru*, Netherlands Antille, Niue*, Panama, Samoa*, Seychelles*, St. Kitts and Nevis, Saint Lucia, St. Vincent and die Grenadines, Singapur**, Switzerland**, Tonga*, Turks- und Caicos Islands, Vanuatu, Cyprus

* - only on the list of OECD
** - only on the list of Diamond and Diamond

The global 10% Income tax would help to bring back hidden money from corporate havens and offshore financial centres to invest it again into global economy-, trade- and financial system where it would create jobs, well fare and prosperity.

Each person or company would pay its 10% income tax in their country of birth. Just a beautiful thought or reality soon? Lets join forces and work together for a better world:)

What is your opinion about? Would you help to promote this idea?
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03-02-2009, 11:46 PM,
#2
Would a global 10% income tax (global flat rate) help world wide economy to recover?
No, absoluteley not. The problem is "too much government" already.
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03-03-2009, 12:05 AM, (This post was last modified: 03-03-2009, 12:09 AM by ---.)
#3
Would a global 10% income tax (global flat rate) help world wide economy to recover?
Worldwide Defense Spending in 2009.USA US$711.0 billion (US$170 billion is supplement budget )2 China US$121.9 billion,3 Russia US$ 70.0 Billion,4 United Kingdom US$ 55.4 billion,5 France US$ 54.0 Billion,6 Japan US$41.1 billion,7 Germany US$ 37.8 billion,(8)Italy US$30.6 billion,(9) Saudi Arabia US$29.5 billion,(10) India US$ 22.4 billion,(11) South Korea US$24.6 billion,(12)Australia US$ 17.2 billion,(13) brazilUS$16.2 billion (14) Canada US$ 15.0 billion, (15) Spain US$14.5 billion.

http://www.iiss.org/publications/military-balance

Quote:European corporations receive enormous tax breaks and even lend money to other countries to purchase weapons from them. Therefore tax payers from these countries end up often unknowingly subsidizing arms sales According to different estimates, between fifteen and twenty percent of the total global debt is related to military expenditure

Tax the arms trade and their bankers, tax them out of the water
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