Billionaires are migrating. Who is Noel Frame, and why is she okay with Jeff Bezos fleeing to Miami?
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Longleggedlady · 31-35, F
It is just another version of they come up with a stupid idea to tax the wealthy and the wealth that is going to be impossible to implement, wealth just packs it's suitcases and relocates to some place else that is more user friendly. But what it does mean by trying to make the wealth and wealthy pay more is that because it relocates they actually collect less than they were getting before they came up with the stupid plan. Secondly it also removes the spending power from that economy and causes a downturn of it in that area which can include the real estate values of both commercial and residential as nobody wants to move in and have to pay the taxes
SunshineGirl · 36-40, F
@Longleggedlady First, if these are Amazon jobs or similar they have already been underwritten by vast public funds in (a) 'attracting' a retail facility to a locality; (b) subsidising low wages and mitigating the social harm flowing from them; (c) maintaining essential infrastructure (roads, communications, emergency services) that the aforesaid corporate leviathan has made bugger-all financial contribution towards. The second point is valid, but is perhaps a warning of the consequences of putting all your eggs into one corporate, tax-evading basket (as opposed to paying workers decently and ensurung that wealth - and taxpaying capacity - is more widely distributed).
SunshineGirl · 36-40, F
Right, well this is the juggling act that tax authorities the world over are obliged to perform. Little point in relying upon a higher band income tax, because the wealthiest can easily spirit away liquid assets or make them disappear altogether on a carefully constructed balance sheet. Capital gains and property taxes traditionally work better because you cannot transport an office building to the Bahamas overnight. But if the capital is more mobile, then you are reliant upon inter-state or international cooperation to pin down the greedy b*****d.
Not sure why a tax legislator requires a "high net worth" as qualification for the job. In the UK the conservative administration likes to use management consultants from the big accountacy firms. Ethically and practically very dubious.
My solution would be to impound Mr B's large boat when it next finds port, as we did with the Russian kleptocrats in Lindon. Won't raise much revenue, but gives the hard-pressed average taxpayer a bit of a laugh 😅
Not sure why a tax legislator requires a "high net worth" as qualification for the job. In the UK the conservative administration likes to use management consultants from the big accountacy firms. Ethically and practically very dubious.
My solution would be to impound Mr B's large boat when it next finds port, as we did with the Russian kleptocrats in Lindon. Won't raise much revenue, but gives the hard-pressed average taxpayer a bit of a laugh 😅
SunshineGirl · 36-40, F
@Longleggedlady Righty-ho. In the UK these are viewed as the natural extension of internationally agreed economic sanctions against persons closely associated with a violent, lawbreaking regime. They are being administered by our extremely risk averse revenue authority. And good luck trying to defame some of the shady characters involved 😉
Longleggedlady · 31-35, F
@SunshineGirl Governments are not above the law, there are a good few very high end lawyers that are preparing legal matters.
Saying and thinking that assets belong to Mr A is one thing, in law you have to be able to prove it. You also cannot go around and make accusations that someone is a known associate of another person unless you can prove it.
There are some whether you like it or not cases where there has been illegal acts committed and there is clear cases of discrimination and xenophobia.
If you are going to punish Russia and Russian individuals then those same rules have now got to be applied to Israel and Israelis including the international arrest warrant for Netanyahu.
Saying and thinking that assets belong to Mr A is one thing, in law you have to be able to prove it. You also cannot go around and make accusations that someone is a known associate of another person unless you can prove it.
There are some whether you like it or not cases where there has been illegal acts committed and there is clear cases of discrimination and xenophobia.
If you are going to punish Russia and Russian individuals then those same rules have now got to be applied to Israel and Israelis including the international arrest warrant for Netanyahu.
SusanInFlorida · 31-35, F
@SunshineGirl i'm sorry if i gave the impression that only wealthy people should political office. that's actually to opposite of my view. however, Noel Frame is a state senator in Washington, where THERE IS NO INCOME TAX AT ALL. It's the height of insanity to be taxing someone else's savings, when you don't even tax at least a sliver of people's income.
wildbill83 · 36-40, M
sounds like Noel could be the next Jimmy Hoffa... 🤔
paying unscrupulous characters to get rid of your enemies is certainly much cheaper than lawyers, just ask hillary...
paying unscrupulous characters to get rid of your enemies is certainly much cheaper than lawyers, just ask hillary...
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SusanInFlorida · 31-35, F
@jshm2 the crazy thing is . . . this is probably what the founding fathers had in mind. different states with wildly different tax policies, land/zoning policies, etc. And people allowed to migrate away from the most poorly run areas.
what the founding fathers didn't count on was voter apathy, epidemic narcotic use, and a police force which is unresponsive to crime.
what the founding fathers didn't count on was voter apathy, epidemic narcotic use, and a police force which is unresponsive to crime.
Virgo79 · 61-69, M
Hey, well, we know taxes and fines fixes everything right😏
SusanInFlorida · 31-35, F
@Virgo79 congress set up a special bank for its members with zero overdraft fees. so i guess they do see situations where fines aren't needed.
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