thegoodshepherd wrote:Hawdian wrote:Next year its expected it could top $400m budget.
There is literally no way that can be good for an economy.
That is over 30% of the GDP of S/L. The only developing nations with a taxation to gdp
ratio above 30% are Zimbabwe, Lesotho, and Swaziland, I.e the basket-cases of Africa which is the basket-case of the world

nobody knows the gdp its surely not 1.5 billion, most of the economy is in the black economy/ blackmarket
there is no data. and like liquid said, SL hardly taxes anyone.
I am against most taxation though, specially goods and services tax, and consumption taxes unless directed at certain imports that you want discouraged or luxury goods.
I am all for Land value taxation yes i said it i am a georgist

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i believe in corporate taxes to control their size and behaviour but no more than 10% ,
i believe all small businesses and medium sized businesses should not be taxed at all.
and i believe income tax is an abomination .,!!!!
If several small and medium sized businesses join in a cooperative/guild and grow to the size of a large corporation they will not be taxed like a corporation if i was in charge.